NOT LISTED FOR SALE

1301 N Paulsen Ave Unit AB Compton, CA 90222

Estimated Value: $554,000 - $711,000

4 Beds
2 Baths
-- Sq Ft
4,988 Sq Ft Lot

Last Sold December 07, 2018

Last sale price $435,000

Est. 51% increase in value since last sale

Current estimated payment $4,438/month

20 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Private Yard

About This Home

As of December 2018

Back on the market due to buyer not performing! No time to waste!! CASH FLOW!!! CASH FLOW!!! CASH FLOW!!! Do not let this duplex pass you by! Investor delight! Combined rents exceed mortgage payment by 30% if giving 20% down. Or live in one and rent the other and pay below rent value. Each unit is 2/1. Great corner lot with ample amount of parking and yard space. Black iron gate for added security. One car attached garage for the back unit. Laundry room for extra income. Priced to sell and will not last!

Last Listed By

Fulvia Garcia

Century 21 LOTUS License #01837612 Listed on: 10/09/2018

Century 21 LOTUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1946

Lot Details

  • 4,988 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 6153002025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • Electric Expense $200
  • Fuel Expense $60
  • Insurance Expense $70
  • Trash Expense $60
  • Water Sewer Expense $150
  • Operating Expense $540
  • Gross Income $43,200
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,055

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Zoning: CORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6153002025
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Yard
  • Lot Size Sq Ft: 4988.00
  • Lot Size Acres: 0.1145

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 200.00
  • Fuel Expense: 60.00
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 70.00
  • Lot Size Area: 4988.0000 Square Feet
  • Net Operating Income: 3100.00
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 1750.00
  • Total Expenses: 540.00

Tax Info

  • Tax Census Tract: 5427.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Santos Crispin and Santos Hilda
Bought by
1301 Paulsen Llc
Total Days on Market
20
Current Estimated Value
$657,993

Purchase Details

Listed on
Oct 9, 2018
Closed on
Nov 6, 2018
Sold by
Espinoza Rury and Espinoza Rudy
Bought by
Santos Crispin and Santos Hilda
Seller's Agent
Fulvia Garcia
Century 21 LOTUS
Buyer's Agent
Carmen Caudillo
Berkshire Hathaway HomeServices California Properties
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$326,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Ponce Mario and Ponce Sylvia Nieves
Bought by
Espinoza Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,505
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2009
Sold by
Gonzalez Rogelio C
Bought by
Ponce Mario and Ponce Sylvia Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2009
Sold by
Gonzalez Rogelio C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 28, 2005
Sold by
Mendez Margarita
Bought by
Gonzalez Rogelio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Lombera Blanca
Bought by
Gonzalez Rogelio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2003
Sold by
Lozano Gerardo
Bought by
Lombera Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2002
Sold by
California Federal Bank Fsb
Bought by
Lozano Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
5.88%

Purchase Details

Closed on
May 10, 2002
Sold by
Sosa Raul and Sosa Maria
Bought by
California Federal Bank Fsb

Purchase Details

Closed on
Oct 30, 1998
Sold by
Baca Walther
Bought by
Sosa Raul and Sosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.73%

Purchase Details

Closed on
May 19, 1998
Sold by
Ocwen Federal Bank Fsb
Bought by
Baca Walther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,448
Interest Rate
7.17%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Page Christine and Ocwen Federal Bank Fsb
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Oct 15, 1997
Sold by
Jackson Eric S
Bought by
Dobbs Anne M

Purchase Details

Closed on
Jun 16, 1997
Sold by
Page Christine
Bought by
Page Christine and Jackson Eric S

Range of Values:

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Average Value
Not Available
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
1301 Paulsen Llc -- None Available
Santos Crispin $435,000 Wfg National Title Company
Espinoza Rudy $267,000 Provident Title Company
Ponce Mario $160,000 Lawyers Title
Deutsche Bank National Trust Company $208,000 None Available
Gonzalez Rogelio C -- Orange Coast Title
Gonzalez Rogelio C $365,000 Orange Coast Title
Lombera Blanca $206,000 Diversified Title & Escrow S
Lozano Gerardo $147,000 Southland Title
California Federal Bank Fsb $172,287 First American Title Ins Co
Sosa Raul $170,000 Provident Title
Baca Walther $84,000 Chicago Title Co
Baca Walther -- Chicago Title Co
Ocwen Federal Bank Fsb $115,207 Chicago Title Co
Dobbs Anne M -- --
Page Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Crispin $326,250
Previous Owner Espinoza Rudy $244,505
Previous Owner Ponce Mario $157,102
Previous Owner Gonzalez Rogelio C $440,000
Previous Owner Gonzalez Rogelio C $292,000
Previous Owner Lombera Blanca $241,000
Previous Owner Lombera Blanca $195,700
Previous Owner Lozano Gerardo $110,250
Previous Owner Sosa Raul $161,500
Previous Owner Baca Walther $85,448
Closed Gonzalez Rogelio C $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $435,000 +1.2% --
10/29/2018 10/29/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $430,000 -- --
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
2024 $9,055 $475,732 $218,727 $257,005
2023 $8,925 $466,405 $214,439 $251,966
2022 $7,781 $457,261 $210,235 $247,026
2021 $7,864 $448,296 $206,113 $242,183
2020 $7,723 $443,700 $204,000 $239,700
2019 $7,633 $435,000 $200,000 $235,000
2018 $5,207 $287,654 $107,736 $179,918
2016 $4,954 $276,486 $103,553 $172,933
2015 $4,736 $272,334 $101,998 $170,336
2014 $4,653 $267,000 $100,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18246450

California Regional Multiple Listing Service (CRMLS)

APN: 6153-002-025