$425,000
SOLD JUN 19, 2015

1330 S Long Beach Blvd Compton, CA 90221

-- Bed
1 Bath
8,765 Sq Ft
0.51 Acres

Recently Sold

$48 Per Sq Ft

6% Above List Price

17 Days on Market

Highlights

  • 0.51 Acre Lot
  • Private Yard
  • 1-Story Property
  • Property is near public transit
  • No HOA

About This Home

As of March 2020

Lender owned. Borrower owed $1,080,000. Assessed at 753K. 20 units on over 1/2 acre in better part of Compton 2 blocks from Long Beach and El Camino College. 8765 sq. ft. of buildings with interior courtyard. Built in 1959, on 22,169 sq. ft. lot w/160' of street frontage on L.B. Blvd + 160' of alley frontage in rear. Zoned COCL*. Originally a hotel, could be used for school, sober living, assisted living, senior housing verify w/city. See COCL* uses in supplements. Now severely fire damaged and vandalized needs everything, priced for land value.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679

Last Buyer's Agent

Delicia Dona Folk

Nordine Realtors, Inc. License #01052458

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,969

Year Built

  • Built in 1959

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 160 x 133
  • No Common Walls
  • Private Yard
  • Density is 16-20 Units/Acre
  • Value in Land

Home Design

  • Major Repairs Completed
  • Fixer Upper
  • Flat Roof Shape

Interior Spaces

  • 1 Bathroom
  • 8,765 Sq Ft Home
  • 1-Story Property

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7302017022

Community Details

Overview

  • No Home Owners Association
  • 20 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,969

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: COCL*
  • Property Condition: Fixer, Repairs Major
  • Property Type: Residential Income
  • Parcel Number: 7302017022
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Spa: No

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 16-20 Units/Acre, Value In Land, Lot 20000-39999 Sqft, Near Public Transit, Yard
  • Lot Size: 160 x 133
  • Lot Size Sq Ft: 22169.00
  • Price Per Lot Square Foot: 19.17
  • Lot Size Acres: 0.5090

Multi Family

  • Average Studio Area: 438
  • Lot Size Area: 22169.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Rent Control: No

Tax Info

  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
1330 Early Bird Square Llc
Bought by
Volunteers Of America Of Los Angeles
Total Days on Market
17
Current Estimated Value
$1,448,745

Purchase Details

Closed on
Aug 25, 2020
Sold by
Kohan Joseph Navid and Halpert Yosef
Bought by
1330 Early Bird Square Llc

Purchase Details

Listed on
Nov 15, 2019
Closed on
Mar 16, 2020
Sold by
Jones Lisa M and The Melvin Morris Trust
Bought by
Kohan Joseph and Halpert Yosef
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Jose A. Perez
Century 21 Allstars
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%

Purchase Details

Closed on
Feb 5, 2019
Sold by
Morris Melvin
Bought by
Jones Lisa and The Melvin Morris Trust

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 11, 2015
Sold by
1330 S Long Beach Blvd Llc
Bought by
Morris Melvin
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Delicia Dona Folk
Nordine Realtors, Inc.
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
May 23, 2014
Sold by
Leland Jennifer
Bought by
1330 S Long Beach Blvd Llc

Purchase Details

Closed on
Jun 4, 2013
Sold by
Human Potential Consultants Llc
Bought by
Floria Ronald A

Purchase Details

Closed on
Mar 31, 2011
Sold by
Floria Ronald
Bought by
Human Potential Consultants Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
4.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 2010
Sold by
Freeman Enrichment Center
Bought by
Floria Ronald

Purchase Details

Closed on
Mar 4, 2010
Sold by
Freeman Enrichment Center
Bought by
First & Last Step Community Shelter

Purchase Details

Closed on
Apr 2, 2002
Sold by
Danco Inc
Bought by
Freeman Enrichment Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 1999
Sold by
Southern California Bank
Bought by
Noetic Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.64%
Mortgage Type
Commercial

Map

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

Similar Home in Compton, CA

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,282,500 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $480,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $425,000 North American Title Company
Grant Deed -- None Available
Trustee Deed $50,000 None Available
Grant Deed $135,000 Cctn
Deed In Lieu Of Foreclosure $549,355 Calcounties Title Nation
Grant Deed -- None Available
Grant Deed $480,000 Lawyers Title Company
Grant Deed $135,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,080,000 Seller Take Back
Previous Owner $1,100,000 Commercial
Previous Owner $173,700 Commercial
Previous Owner $387,000 Seller Take Back
Previous Owner $600,000 Commercial
Closed $43,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $550,000 -15.4% --
03/02/2020 03/02/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $650,000 +52.9% --
06/19/2015 06/19/15 Sold $425,000 +6.3% $48 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $400,000 -- $46 / 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
2024 $24,969 $1,307,640 $1,307,640 --
2023 $13,086 $572,220 $572,220 $0
2022 $12,474 $561,000 $561,000 $0
2021 $12,656 $555,698 $555,698 $0
2020 $12,659 $561,000 $561,000 $0
2019 $11,021 $457,890 $457,890 $0
2018 $10,737 $448,912 $448,912 $0
2016 $10,691 $431,481 $406,100 $25,381
2015 $15,581 $764,985 $509,990 $254,995
2014 -- $753,405 $502,270 $251,135
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15077135

California Regional Multiple Listing Service (CRMLS)

APN: 7302-017-022