NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,093,845

6 Beds
6 Baths
3,432 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,020,000 $297 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,174/month

36 Days on Market

Highlights

  • Wall Furnace
  • Compton Early College Rated 10
  • 1-Story Property

About This Home

As of August 2023

Presenting a property comprising six functional and well-designed 1-bedroom, 1-bathroom units. With a substantial lot size of 10,713 square feet, this property offers ample space for outdoor activities and potential future expansion. The living square footage totals 3,432, ensuring comfortable living spaces within each unit. Whether seeking a lucrative investment or a practical living arrangement, this property provides a versatile and promising opportunity.

Last Agent to Sell the Property

Ruben Sarinana Jr

Century 21 A Better Service License #01016100 Listed on: 06/26/2023

Century 21 A Better Service

Last Buyer's Agent

Ruben Sarinana Jr

Century 21 A Better Service License #01016100 Listed on: 06/26/2023

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,277

Year Built

  • Built in 1947

Lot Details

  • 10,713 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,432 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • No Utilities

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 541
  • Assessor Parcel Number 6152001003
  • $2,819 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Maintenance Expense $1,000
  • Trash Expense $2,100
  • Water Sewer Expense $4,200
  • Operating Expense $24,800
  • Gross Income $98,520
  • Net Operating Income $70,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,277

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.44
  • Price Per Unit: 199167
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: LCR3YY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6152001003
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 297.20

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10713.00
  • Lot Size Acres: 0.2459

Multi Family

  • Gross Income: 98520.00
  • Gross Multiplier: 13.20
  • Gross Scheduled Income: 98520.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 10713.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 70764.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 24800.00
  • Operating Expense Percent: 26.00
  • Rent Control: Yes
  • Total Actual Rent: 8210.00
  • Total Expenses: 24800.00
  • Vacancy Allowance: 2956
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 91
  • Tax Tract Number: 541...
  • TaxOtherAnnualAssessmentAmount: 2819.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 28, 2023
Sold by
Nguyen Maria
Bought by
Nguyen Mike Kim
Seller's Agent
Ruben Sarinana Jr
Century 21 A Better Service
Buyer's Agent
Ruben Sarinana Jr
Century 21 A Better Service
List Price
$1,300,000
Sold Price
$1,020,000
Premium/Discount to List
-$280,000
-21.54%
Views
68
Current Estimated Value
$1,077,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,794
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 4, 2023
Sold by
Miguel F Vaca 2017 Trust
Bought by
Nguyen Mike Kim
Seller's Agent
Ruben Sarinana Jr
Century 21 A Better Service
Buyer's Agent
Ruben Sarinana Jr
Century 21 A Better Service
List Price
$1,300,000
Sold Price
$1,020,000
Premium/Discount to List
-$280,000
-21.54%
Views
68

Purchase Details

Closed on
Aug 25, 2022
Sold by
Miguel Vaca Flores Trust
Bought by
Miguel F Vaca 2017 Trust

Purchase Details

Closed on
Sep 19, 2019
Sold by
Vaca Jorge Alberto and Miguel F Vaca 2017 Trust
Bought by
Vaca Jorge Alberto and The Miguel Vaca Flores Trust

Purchase Details

Closed on
Apr 28, 2017
Sold by
Vaca Miguel
Bought by
Vaca Miguel F

Purchase Details

Closed on
Mar 26, 2002
Sold by
Vaca Miguel
Bought by
Vaca Miguel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nguyen Mike Kim -- Wfg National Title
Nguyen Mike Kim $1,020,000 Wfg National Title
Miguel F Vaca 2017 Trust -- None Listed On Document
Vaca Jorge Alberto -- None Available
Vaca Miguel F -- None Available
Vaca Miguel -- None Available
Vaca Miguel -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,020,000 -14.6% $297 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $1,195,000 -8.1% $348 / Sq Ft
06/26/2023 06/26/23 For Sale $1,300,000 -- $379 / 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 $15,277 $1,040,400 $714,000 $326,400
2024 $15,277 $1,020,000 $700,000 $320,000
2023 $11,892 $736,238 $401,584 $334,654
2022 $10,840 $721,803 $393,710 $328,093
2021 $11,013 $707,651 $385,991 $321,660
2020 $10,819 $700,396 $382,034 $318,362
2019 $11,084 $686,664 $374,544 $312,120
2018 $10,780 $673,200 $367,200 $306,000
2017 $3,525 $58,510 $12,275 $46,235
2016 $3,440 $57,364 $12,035 $45,329
2015 $3,381 $56,504 $11,855 $44,649
2014 $3,395 $55,398 $11,623 $43,775
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23112555

California Regional Multiple Listing Service (CRMLS)

APN: 6152-001-003