NOT LISTED FOR SALE

134 E Myrrh St Compton, CA 90220

13 Beds
8 Baths
4,694 Sq Ft
9,396 Sq Ft Lot

Last Sold March 25, 2014

Last sale price $925,000 $197 Per Sq Ft

17 Days on Market

About This Home

As of March 2014

Newest seven units building in downtown City Center area! Across the street from exquisite Racquet Club gated community. One unit 3 bedrooms, four units 2 bedrooms, two single bedrooms. 6 cars garage, six carports. Low maintenance, bread and butter investment. Rentals income alone will pay for the building in 11 years, at todays rates! New tiled floors throughout. Market appreciation is extra cream on the cake! City Center is around the corner with the famous MLK monument. Biggest shopping center in town is also nearby. Compton is being reborn as Brooklyn was, great investment opportunity. 20 minutes from Staples Center.

Last Agent to Sell the Property

Florina Massbaum

Realty One Group West License #01784199 Listed on: 02/19/2014

Realty One Group West

Last Buyer's Agent

Freida Sanei

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00801572

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 9,396 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard Sprinklers
  • Density is 11-15 Units/Acre

Parking

  • 6 Car Garage
  • 6 Carport Spaces

Home Design

  • 4,694 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Location

  • Property is near a clubhouse
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5245
  • Tax Tract Number 2
  • Assessor Parcel Number 6160019009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $2,460
  • Gross Income $8,102
  • Net Operating Income $93,984

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

6

Listing Details

  • CapRate: 10.10
  • Property Attached: Yes
  • Water Sewer Expenses: 2460.00
  • Property Type: Residential Income
  • Parcel Number: 6160019009
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 197.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Close to Clubhouse, 11-15 Units/Acre, Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 9396.00
  • Lot Size Acres: 0.2160

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 8102.00
  • Gross Scheduled Income: 97224.00
  • Insurance Expense: 600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 9396.0000 Square Feet
  • Net Operating Income: 93984.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 3240.00
  • Rent Control: No
  • Total Actual Rent: 7302.00

Tax Info

  • Tax Lot: 5245
  • Tax Tract Number: 02
  • Tax Year: 2012

Range of Values:

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Value Increase
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Adjusted for Inflation
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Sold Price
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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
03/25/2014 03/25/14 Sold $925,000 -0.5% $197 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $930,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14036058

California Regional Multiple Listing Service (CRMLS)