NOT LISTED FOR SALE

1212 N Spring Ave Compton, CA 90221

Estimated Value: $468,000 - $628,821

2 Beds
2 Baths
1,368 Sq Ft
$396/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $475,000 $347 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,344/month

1 Day on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2024

Excellent duplex in the heart of Compton with one bedroom and one bath in each unit. Live in one and rent the other. This unique opportunity will be gone soon. Close to school and stores this property represents a great opportunity for the investor or the first time homebuyer

Last Listed By

Jose Nino

RE/MAX CHAMPIONS License #01270729 Listed on: 08/20/2023

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,779

Year Built

  • Built in 1938

Lot Details

  • 5,747 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2 Bedrooms
  • 1,368 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 131
  • Tax Tract Number 7243
  • Assessor Parcel Number 6167011018
  • $693 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $1,350
  • Trash Expense $600
  • Water Sewer Expense $1,300
  • Operating Expense $3,850
  • Gross Income $2,400
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,779

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 909-342-3980
  • Price Per Unit: 237500
  • Property Attached: No
  • Water Sewer Expenses: 1300.00
  • Zoning: CORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6167011018
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: ground level with steps
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 347.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5747.00
  • Lot Size Acres: 0.1319

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 5747.0000 Square Feet
  • Net Operating Income: 2100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Expenses: 3850.00

Tax Info

  • Tax Census Tract: 5416.03
  • Tax Lot: 131
  • Tax Tract Number: 7243
  • TaxOtherAnnualAssessmentAmount: 693.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Garces Julio Enrique
Bought by
Vivas Jose Ayala and Naveda Iris Jael
Total Days on Market
1
Current Estimated Value
$541,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2010
Sold by
Naveda Jose Luis
Bought by
Garces Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2004
Sold by
Vargas Aurora
Bought by
Naveda Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 24, 2002
Sold by
Naveda Jesus and Vargas Aurora
Bought by
Vargas Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,897
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2001
Sold by
Naveda Jose L
Bought by
Vargas Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,697
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2001
Sold by
G C P I Inc
Bought by
Naveda Jesus and Vargas Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,697
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2001
Sold by
Hud
Bought by
G C P I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2000
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
May 3, 2000
Sold by
Flores Martinez Gloria M and Flores Torres Apolinario
Bought by
Midfirst Bank

Purchase Details

Closed on
Jul 24, 1998
Sold by
Torres Apolinario Flores and Martinez Gloria M
Bought by
Martinez Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 15, 1997
Sold by
Argueta Rosa N
Bought by
Torres Apolinario Flores

Purchase Details

Closed on
Sep 24, 1997
Sold by
Hud
Bought by
Torres Apolinario Flores and Martinez Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,056
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1997
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Oct 30, 1996
Sold by
Gomez Gerardo and Gomez Martina
Bought by
Midfirst Bank

Range of Values:

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Average Value
Not Available
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
Vivas Jose Ayala $475,000 Corinthian Title Company
Garces Julio $150,000 Lawyers Title
Naveda Jose Luis -- Landsafe Title
Vargas Aurora -- United Title Company
Vargas Aurora -- United Title Company
Vargas Aurora -- --
Naveda Jesus $149,000 --
G C P I Inc $101,000 Stewart Title
Hud -- First American Title Ins Co
Midfirst Bank $179,806 United Title Company
Martinez Gloria M -- Orange Coast Title
Torres Apolinario Flores -- --
Torres Apolinario Flores $101,500 --
Hud -- United Title Company
Midfirst Bank $121,208 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vivas Jose Ayala $466,396
Previous Owner Garces Julio $112,500
Previous Owner Naveda Jose Luis $428,000
Previous Owner Naveda Jose Luis $100,000
Previous Owner Naveda Jose Luis $266,000
Previous Owner Naveda Jose Luis $30,000
Previous Owner Naveda Jose Luis $193,600
Previous Owner Vargas Aurora $10,496
Previous Owner Vargas Aurora $148,897
Previous Owner Naveda Jesus $146,697
Previous Owner G C P I Inc $100,000
Previous Owner Martinez Gloria M $30,000
Previous Owner Torres Apolinario Flores $161,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $475,000 0.0% $347 / Sq Ft
08/22/2023 08/22/23 For Sale $475,000 0.0% $347 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/20/2023 08/20/23 Off Market $475,000 -- --
08/20/2023 08/20/23 For Sale $475,000 -- $347 / 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
2024 $3,779 $189,811 $126,543 $63,268
2023 $4,402 $186,090 $124,062 $62,028
2022 $3,544 $182,442 $121,630 $60,812
2021 $3,570 $178,866 $119,246 $59,620
2020 $3,513 $177,033 $118,024 $59,009
2019 $3,474 $173,562 $115,710 $57,852
2018 $3,308 $170,160 $113,442 $56,718
2017 $28 $166,824 $111,218 $55,606
2016 $3,147 $163,554 $109,038 $54,516
2015 $3,015 $161,099 $107,401 $53,698
2014 $2,971 $157,945 $105,298 $52,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23155883

California Regional Multiple Listing Service (CRMLS)

APN: 6167-011-018