NOT LISTED FOR SALE

124 E Rosecrans Ave Compton, CA 90222

2 Beds
3 Baths
3,332 Sq Ft
0.29 Acres

Last Sold October 10, 2012

Last sale price $371,000 $111 Per Sq Ft

169 Days on Market

Highlights

  • 0.29 Acre Lot
  • Property is near public transit
  • No Heating

About This Home

As of October 2012

Try mapping it with 124 W Rosecrans if you're using online Maps or GPS. Great Income Opportunity! Don't let the exterior appearance fool you. Units are in great shape and maintained well inside. All units are being rented except for one. This one unit is being occupied by the owner and can be viewed upon request. And enough vacant land to build more units (check city for land use, codes, and restrictions pls). Actual/Current Gross Scheduled Income is $58,800 but seller has already notified each of the studio units that their rent is going up by $50 so GSI will be $62,400.

Last Agent to Sell the Property

Jason Samia

Beach Cities Properties, Inc. License #01521061 Listed on: 04/18/2012

Last Buyer's Agent

Stephen Weir

Quality Properties License #01398086

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.29 Acre Lot
  • No Landscaping

Parking

  • 2 Car Garage

Home Design

  • 3,332 Sq Ft Home
  • Pre-Cast Concrete Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Additional Features

  • Property is near public transit
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0.2 / A
  • Tax Tract Number 5426
  • Assessor Parcel Number 6157001018

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 7 Separate Gas Meters
  • Electric Expense $3,000
  • Maintenance Expense $3,800
  • Supplies Expense $300
  • Water Sewer Expense $2,760
  • New Taxes Expense $9,408

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Supplies Expense: 300.00
  • View: No
  • Water Sewer Expenses: 2760.00
  • Property Type: Residential Income
  • Parcel Number: 6157001018
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 111.34

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: No Landscaping, Near Public Transit
  • Lot Size Sq Ft: 12700.00
  • Lot Size Acres: 0.2920

Multi Family

  • Electric Expense: 3000.00
  • Gross Multiplier: 6.46
  • Gross Scheduled Income: 61800.00
  • Lot Size Area: 12700.0000 Square Feet
  • Maintenance Expense: 3800.00
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 7

Tax Info

  • New Taxes Expense: 9408.00
  • Tax Block: A
  • Tax Lot: 0.2
  • Tax Tract Number: 5426

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2012 10/10/12 Sold $371,000 -17.6% $111 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $450,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Samia

    Seller's Agent in 2012

    Jason Samia

    Beach Cities Properties, Inc.

    (562) 508-6170

    7 Total Sales

    Jason Samia
    Section Image
  • Stephen Weir

    Buyer's Agent in 2012

    Stephen Weir

    Quality Properties

    (310) 283-0913

    Stephen Weir
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P819068

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Compton 90220

124 E Rosecrans Ave, Compton, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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