G
Seller's Agent in 2021
Gabe Almeida
Forecast Realty Inc.
1218 N Mulberry St Compton, CA 90222
Estimated Value: $585,000 - $672,000
4
Beds
2
Baths
1,446
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Gated Parking
- No HOA
- Bungalow
- Property is near public transit
- Laundry Room
- Tile Flooring
About This Home
As of March 2021READY FOR QUICK SALE NOW!!! This is an outstanding investment opportunity for anyone, whether it be a seasoned investor, or someone looking to live in one of the units while deriving the rental income from the other. This property is situated in a strong rental area and ideally located near Public Transportation, Shopping, and City Services. This Duplex has undergone some recent improvements, including new roofs, newer windows, updated bath (one unit). Residences have laminate and/or tile flooring throughout (no carpeting), making it easier to maintain. Exterior features include a long driveway for off-street parking that leads to a detached double garage in the rear with a storage room. One tenant has exclusive use of the garage, and the other tenant uses the private storage room. While the current owner has made improvements, there is still additional upside (value-add) potential with some remaining TLC needed. THIS PROPERTY IS ZONED RESIDENTIAL-HIGH DENSITY; Please confirm with the City of Compton for possible uses, development, or ADU addition/garage conversion, IF permissible.
Last Agent to Sell the Property
Gabe Almeida
Forecast Realty Inc. License #01852636 Listed on: 07/23/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,755
Year Built
- Built in 1929
Lot Details
- 4,076 Sq Ft Lot
- Lot Dimensions are 48x84
- 1 Common Wall
- Wrought Iron Fence
- Wood Fence
- Chain Link Fence
- Needs Fence Repair
- Level Lot
- Back and Front Yard
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Driveway Level
- Gated Parking
Home Design
- Duplex
- Bungalow
- Cosmetic Repairs Needed
- Raised Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- 1,446 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Laundry Room
Kitchen
- Gas Range
- Range Hood
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Location
- Property is near public transit
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 70
- Tax Tract Number 9584
- Assessor Parcel Number 6167003015
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,243
- Trash Expense $900
- Water Sewer Expense $1,020
- New Taxes Expense $7,634
- Operating Expense $10,797
- Gross Income $32,400
- Net Operating Income $21,603
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2015
Sold by
Andrade Ernesto
Bought by
Acevedo Victor
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,515
Outstanding Balance
$275,714
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$351,297
Purchase Details
Closed on
Jul 23, 2013
Sold by
Adame Jose
Bought by
Andrade Ernesto and Viramontes Crystal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,993
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 4, 2009
Sold by
Estrada Yadria L
Bought by
Adame Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 2009
Sold by
Imb Reo Llc
Bought by
Adame Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 4, 2009
Sold by
Montoya Ana G
Bought by
Indymac Bank Fsb
Purchase Details
Closed on
Feb 12, 2007
Sold by
Genesis Properties Group
Bought by
Montoya Ana G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 23, 2005
Sold by
Labrador Investments Llc
Bought by
Alvarez Jorge Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2004
Sold by
Labrador Investments Llc
Bought by
Jacobson Matthew A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2004
Sold by
Arteaga Roberto and Arteaga Salvador
Bought by
Labrador Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Acevedo Victor | $358,000 | First American Title Company | |
| Andrade Ernesto | -- | First American Title Company | |
| Andrade Ernesto | $275,000 | Fidelity National Title Co | |
| Adame Jose | -- | Chicago Title Company | |
| Adame Jose | $130,000 | Chicago Title Company | |
| Imb Reo Llc | -- | Chicago Title Company | |
| Indymac Bank Fsb | $196,177 | None Available | |
| Montoya Ana G | $485,000 | Investors Title Company | |
| Genesis Properties Group | -- | Investors Title Company | |
| Alvarez Jorge Daniel | $329,000 | Fatcola | |
| Labrador Investments Llc | -- | First American Title Co La | |
| Jacobson Matthew A | -- | Chicago Title Co | |
| Labrador Investments Llc | $249,000 | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Acevedo Victor | $351,515 | |
| Previous Owner | Andrade Ernesto | $269,993 | |
| Previous Owner | Adame Jose | $97,500 | |
| Previous Owner | Genesis Properties Group | $97,000 | |
| Previous Owner | Montoya Ana G | $388,000 | |
| Previous Owner | Labrador Investments Llc | $85,000 | |
| Previous Owner | Alvarez Jorge Daniel | $225,000 | |
| Previous Owner | Jacobson Matthew A | $199,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2021 03/02/21 | Sold | $485,000 | -2.9% | $335 / Sq Ft |
| 12/17/2020 12/17/20 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | For Sale | $499,500 | +3.0% | $345 / Sq Ft |
| 10/24/2020 10/24/20 | Off Market | $485,000 | -- | -- |
| 09/16/2020 09/16/20 | Price Changed | $475,000 | -0.9% | $328 / Sq Ft |
| 09/08/2020 09/08/20 | For Sale | $479,500 | -1.1% | $332 / Sq Ft |
| 08/24/2020 08/24/20 | Off Market | $485,000 | -- | -- |
| 08/09/2020 08/09/20 | Price Changed | $479,500 | -3.9% | $332 / Sq Ft |
| 07/23/2020 07/23/20 | For Sale | $499,000 | -- | $345 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,372 | $524,978 | $324,729 | $200,249 |
| 2024 | $9,697 | $514,685 | $318,362 | $196,323 |
| 2023 | $9,560 | $504,594 | $312,120 | $192,474 |
| 2022 | $8,377 | $494,700 | $306,000 | $188,700 |
| 2021 | $6,957 | $391,523 | $136,705 | $254,818 |
| 2020 | $6,833 | $387,510 | $135,304 | $252,206 |
| 2019 | $6,755 | $379,912 | $132,651 | $247,261 |
| 2018 | $6,573 | $372,463 | $130,050 | $242,413 |
| 2016 | $6,253 | $358,000 | $125,000 | $233,000 |
| 2015 | $4,855 | $280,494 | $137,697 | $142,797 |
| 2014 | $4,768 | $275,000 | $135,000 | $140,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Stephanie Hart
Seller Co-Listing Agent in 2021
Stephanie Hart
Forecast Realty Inc.
(310) 918-6856
2 in this area
26 Total Sales
-
Ileana Amiel
Buyer's Agent in 2021
Ileana Amiel
Keller Williams Coastal Prop.
(562) 972-6783
1 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20146417
APN: 6167-003-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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