NOT LISTED FOR SALE

126 E Indigo St Compton, CA 90220

Estimated Value: $705,000 - $737,000

3 Beds
2 Baths
1,412 Sq Ft
$508/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $450,000 $319 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,539/month

9 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Attic
  • Open Floorplan
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2018

Great investment opportunity , two detached units located in a high demand area for rentals, they sit on a large lot with potential for expansion or at least a patio where you can install pet-friendly artificial turf. The front unit offers carpet in the bedrooms, hardwood floor in the living room with a fireplace, crown molding, tile on the kitchen and dining floors for easy maintenance, ceiling fans in the dining area and bedrooms. The rear unit has a recently remodeled kitchen with granite counter top and new kitchen cabinets, the bathroom has also been remodeled, ceiling fans that will save energy in the summer. Long drive way with plenty of parking, front and back yard plus an open area in the middle of the lot that can be used for additional parking or for the children to play, the front wrought iron gate will give you a sense of security. If you just got a promotion that came with a hefty raise, your bonus check came in and you are happy with the balance in your savings account, it might be time to invest in Real Estate buy and hold as the value will increase. Close proximity to a major metropolitan area, ease of access and the availability of year round activities throughout the community and just a short drive from the fine dining, night life and fine shopping that downtown L.A has to offer.

Last Agent to Sell the Property

Angel Moreno

Century 21 Allstars License #01312680 Listed on: 05/03/2018

Century 21 Allstars

Last Buyer's Agent

Pedro Alvarez

1Vision Real Estate License #01925084

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,838 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Partially Fenced Property
  • Chain Link Fence
  • Fence is in fair condition
  • Private Yard
  • Back Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • City Lights Views
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Granite Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 4 / 23
  • Tax Tract Number 542502
  • Assessor Parcel Number 6160020007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Operating Expense $1,200
  • Gross Income $2,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: CORH*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6160020007
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Formica Counters, Granite Counters, Open Floorplan, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 318.70
  • Room Type: All Bedrooms Down, Attic, Kitchen, Living Room

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Two On A Lot
  • View: City Lights
  • Fence: Yes
  • Fencing: Chain Link, Fair Condition, Partial, Wrought Iron
  • Builder Name: UNKNOWN
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Community, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7838.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 448 Square Feet
  • Average2 Bed Area: 964 Square Feet
  • Gross Income: 2110.00
  • Gross Scheduled Income: 2110.00
  • Insurance Expense: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Rent Control: No
  • Total Actual Rent: 2110.00
  • Total Expenses: 1200.00

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 5425.02
  • Tax Lot: 4
  • Tax Tract Number: 542502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Mendez Veronica and Navarro Irma
Bought by
Navarro Irma
Current Estimated Value
$717,195

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 6, 2018
Sold by
Huerta Gloria
Bought by
Mendez Veronica
Seller's Agent
Angel Moreno
Century 21 Allstars
Buyer's Agent
Pedro Alvarez
1Vision Real Estate
List Price
$438,000
Sold Price
$450,000
Premium/Discount to List
$12,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$382,500
Outstanding Balance
$330,798
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$386,397

Purchase Details

Closed on
Aug 2, 2005
Sold by
Huerta Maria
Bought by
Huerta Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2000
Sold by
Huerta Juan and Huerta Maria
Bought by
Huerta Gloria and Huerta Maria

Purchase Details

Closed on
Nov 1, 1997
Sold by
Huerta Francisca
Bought by
Huerta Juan and Huerta Maria

Purchase Details

Closed on
Oct 15, 1996
Sold by
Mendez Mario Huerta
Bought by
Huerta Juan and Huerta Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,552
Interest Rate
8.11%
Mortgage Type
FHA
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
Navarro Irma -- Clearmark Title
Mendez Veronica $450,000 Old Republic Title Company
Huerta Gloria -- Investors Title Company
Huerta Gloria -- --
Huerta Juan -- --
Huerta Juan -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Veronica $382,500
Previous Owner Huerta Gloria $190,000
Previous Owner Huerta Juan $120,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $450,000 +2.7% $319 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $438,000 -- $310 / 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 $9,244 $492,135 $273,408 $218,727
2024 $9,244 $482,487 $268,048 $214,439
2023 $9,113 $473,028 $262,793 $210,235
2022 $7,962 $463,754 $257,641 $206,113
2021 $8,046 $454,662 $252,590 $202,072
2020 $7,902 $450,000 $250,000 $200,000
2019 $7,954 $450,000 $250,000 $200,000
2018 $4,616 $250,284 $161,827 $88,457
2016 $4,392 $240,567 $155,544 $85,023
2015 $4,202 $236,954 $153,208 $83,746
2014 $4,132 $232,313 $150,207 $82,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18104033

California Regional Multiple Listing Service (CRMLS)

APN: 6160-020-007