NOT LISTED FOR SALE

1201 E Oaks St Compton, CA 90221

Estimated Value: $550,000 - $659,882

3 Beds
2 Baths
1,408 Sq Ft
$443/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $520,000 $369 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,108/month

17 Days on Market

About This Home

As of June 2022

Welcome to this charming duplex in the city of Compton. The first unit is 1/Bed 1/Bath, the second unit is 2/Bed 1/Bath. Come check it out, it wont last long.

Last Agent to Sell the Property

Silvia Latios

Realty ONE Group Empire License #01408056 Listed on: 04/25/2022

Realty ONE Group Empire

Last Buyer's Agent

Silvia Latios

Realty ONE Group Empire License #01408056 Listed on: 04/25/2022

Realty ONE Group Empire

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,915 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,408 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location
  • Shared Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 59
  • Tax Tract Number 6108
  • Assessor Parcel Number 6176017022
  • $4,869 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100
  • Trash Expense $40
  • Water Sewer Expense $140
  • Operating Expense $1,280
  • Gross Income $2,350
  • Net Operating Income $15,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 140.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6176017022
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 369.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer, Shared Septic
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4915.00
  • Lot Size Acres: 0.1128

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2350.00
  • Gross Scheduled Income: 2350.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4915.0000 Square Feet
  • Net Operating Income: 15360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1280.00
  • Rent Control: No
  • Total Actual Rent: 2350.00
  • Total Expenses: 1280.00

Tax Info

  • Tax Lot: 59
  • Tax Tract Number: 6108
  • TaxOtherAnnualAssessmentAmount: 4869.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 13, 2022
Sold by
Gomez Villalobos Ricardo
Bought by
Velazquez Jose M and Velazquez Ma Leonor
Seller's Agent
Silvia Latios
Realty ONE Group Empire
Buyer's Agent
Silvia Latios
Realty ONE Group Empire
List Price
$599,999
Sold Price
$520,000
Premium/Discount to List
-$79,999
-13.33%
Current Estimated Value
$623,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,971
Avg. Annual Appreciation
5.30%
Original Mortgage
$390,000
Outstanding Balance
$370,657
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$253,314

Purchase Details

Closed on
Dec 29, 2021
Sold by
Laureano Gomez
Bought by
Villalobos Ricardo Gomez

Purchase Details

Closed on
Oct 23, 2019
Sold by
Villalobos Ricardo Gomez and Gomez Ricardo
Bought by
Gomez Laureano

Purchase Details

Closed on
Oct 5, 2012
Sold by
Gomez Laureano
Bought by
Gomez Ricardo

Purchase Details

Closed on
Dec 22, 2004
Sold by
Gomez Ricardo
Bought by
Gomez Laureano

Purchase Details

Closed on
Jun 18, 2001
Sold by
Ordonez Richard J
Bought by
Gomez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.09%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Joan Nesje Trust and Richard J
Bought by
Ordonez Richard J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velazquez Jose M $520,000 Chicago Title
Villalobos Ricardo Gomez -- None Listed On Document
Gomez Laureano -- None Available
Gomez Ricardo -- None Available
Gomez Laureano -- --
Gomez Ricardo $140,000 Commonwealth Land Title Co
Ordonez Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Jose M $390,000
Previous Owner Gomez Ricardo $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $520,000 -13.3% $369 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $599,999 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,062 $551,827 $328,974 $222,853
2024 $10,062 $541,008 $322,524 $218,484
2023 $9,920 $530,400 $316,200 $214,200
2022 $8,154 $484,365 $206,113 $278,252
2021 $8,242 $474,869 $202,072 $272,797
2019 $3,555 $185,388 $66,209 $119,179
2018 $3,425 $181,754 $64,911 $116,843
2016 $3,254 $174,698 $62,392 $112,306
2015 $3,114 $172,075 $61,455 $110,620
2014 $3,065 $168,706 $60,252 $108,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: HD22084436

California Regional Multiple Listing Service (CRMLS)

APN: 6176-017-022