NOT LISTED FOR SALE

12517 S Willowbrook Ave Compton, CA 90222

22 Beds
12 Baths
7,880 Sq Ft
0.32 Acres

Last Sold February 22, 2024

Last sale price $1,500,000 $190 Per Sq Ft

113 Days on Market

Highlights

  • 0.32 Acre Lot
  • Laundry Room
  • Turnkey
  • Traditional Architecture
  • Ceiling Fan
  • Rectangular Lot

About This Home

As of February 2024

Calling all investors!! / 6 Huge Units For Sale, LOTS OF SQAURE FOOTAGE FOR THE PRICE!! / Two-3 bedrooms 2-bath / Four-4bedrooms 2-bath / All 4-bedroom are two story Townhome Style and very spacious. Building Area Total: 7,880. Two separate buildings, each building has 3-units. Carport Spaces: 8 / Parking Features: Assigned / Parking Total: 12 / Property Condition: Turnkey, Updated/Remodeled / Lot Size Area: 14,042 / Stories Total: 2 / Year Built: 1960 / Architectural Style: Traditional / Common Walls: 1 Common Wall / Construction Materials: Stucco / Heating: Natural Gas / Has Heating: Yes
Laundry Features: Gas & Electric Dryer Hookup, Inside / Sewer: Public Sewer / Water Source: Private. Property is generating great income!! SELDOM VACANCIES; NET OPERATING INCOME $93,434!!!!

Last Agent to Sell the Property

Mario Gonzalez

Gallant Realty, Inc. License #00992724 Listed on: 08/06/2023

Last Buyer's Agent

Steven Padilla

Century 21 A Better Service License #00957274

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,880 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 12 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 5414
  • Assessor Parcel Number 6150002035
  • $3,629 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $744
  • Insurance Expense $6,366
  • Professional Management Expense $6,252
  • Water Sewer Expense $3,300
  • New Taxes Expense $22,956
  • Operating Expense $39,618
  • Gross Income $133,052
  • Net Operating Income $93,434

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.32 Acres

Listing Details

  • Professional Management Expense: 6252.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 3300.00
  • Zoning: LCR3*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6150002035
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 190.36

Exterior Features

  • Foundation: Concrete Perimeter, Raised, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 14042.00
  • Lot Size Acres: 0.3224

Multi Family

  • Electric Expense: 744.00
  • Gross Operating Income: 133052.00
  • Gross Scheduled Income: 137167.00
  • Insurance Expense: 6366.00
  • Lot Size Area: 14042.0000 Square Feet
  • Net Operating Income: 93434.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 39618.00
  • Rent Control: Yes
  • Total Actual Rent: 10517.00
  • Total Expenses: 39618.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22956.00
  • Tax Census Tract: 5414.01
  • Tax Lot: 85
  • Tax Tract Number: 5414
  • TaxOtherAnnualAssessmentAmount: 3629.00
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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
02/22/2024 02/22/24 Sold $1,500,000 -6.2% $190 / Sq Ft
02/15/2024 02/15/24 Price Changed $1,599,888 0.0% $203 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $1,599,888 -3.0% $203 / Sq Ft
09/12/2023 09/12/23 Price Changed $1,649,888 -2.9% $209 / Sq Ft
08/18/2023 08/18/23 Price Changed $1,699,888 -14.5% $216 / Sq Ft
08/06/2023 08/06/23 For Sale $1,988,888 -- $252 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,996 $1,530,000 $816,000 $714,000
2024 $10,996 $609,495 $366,614 $242,881
2023 $10,724 $597,545 $359,426 $238,119
2022 $10,139 $585,829 $352,379 $233,450
2021 $10,238 $574,343 $345,470 $228,873
2019 $9,996 $557,310 $335,224 $222,086
2018 $9,647 $546,383 $328,651 $217,732
2016 $9,104 $525,168 $315,890 $209,278
2015 $8,718 $517,281 $311,146 $206,135
2014 $8,615 $507,150 $305,052 $202,098
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23145707

California Regional Multiple Listing Service (CRMLS)
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