NOT LISTED FOR SALE

1346 E Glencoe St Compton, CA 90221

Estimated Value: $716,000 - $836,000

3 Beds
2 Baths
1,167 Sq Ft
$660/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $710,000 $608 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,152/month

43 Days on Market

About This Home

As of May 2022

Back on the market, subject to cancellation of current escrow. CALLING ALL INVESTORS AND FIRST TIME HOMEBUYERS! This is a great opportunity to buy a multi family property and add it to your portfolio. Purchase this property to occupy one unit and rent the other. Wouldn't that be great? Upgrades - New water heaters for both units, new roof in back unit, new furnace in front unit and newer exterior paint. This duplex is conveniently located near access points to freeways, shopping centers, parks and schools. Front unit consist of 2BD / 1BA and interior laundry hookups with detached 2nd unit as a 1BD/ 1BA.There's a ton of upside income potential.

Last Agent to Sell the Property

Jonathan Calderon

Real Broker License #01982607 Listed on: 02/10/2022

Real Broker

Last Buyer's Agent

Eloy Villamil

Remax Innovative License #01799836

Remax Innovative

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,524 Sq Ft Lot
  • No Common Walls
  • Back Yard

Home Design

  • 1,167 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 61
  • Assessor Parcel Number 6164024005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $40,200
  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: CORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6164024005
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 608.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5524.00
  • Lot Size Acres: 0.1268

Multi Family

  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Lot Size Area: 5524.0000 Square Feet
  • Net Operating Income: 40200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 40200.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5424.02
  • Tax Lot: 46
  • Tax Tract Number: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2019
Sold by
Jimenez Edwin and Diaz Jeanette E
Bought by
Jimenez Edwin and Diaz Jeanette E
Current Estimated Value
$770,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,137
Outstanding Balance
$382,148
Interest Rate
3.29%
Mortgage Type
FHA
Estimated Equity
$388,552

Purchase Details

Closed on
Dec 5, 2016
Sold by
Eagle Vista Equities Llc
Bought by
Champery Real Estate 2015 Llc

Purchase Details

Closed on
Sep 24, 2015
Sold by
Kirby Elwynn
Bought by
Eagle Vista Equities Llc

Purchase Details

Closed on
Mar 28, 2015
Sold by
Champery Real Estate 2015 Llc
Bought by
Jimenez Edwin and Diaz Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2004
Sold by
Kirby Darrell S and Brabble Austin
Bought by
Kirby Elwynn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2004
Sold by
Kirby Alvin N and Kirby Beulah L
Bought by
Kirby Elwynn C and Kirby Darrell S

Purchase Details

Closed on
Jan 19, 2004
Sold by
Kirby Beulah
Bought by
Kirby Darrell S and Brabble Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Jimenez Edwin -- First American Title Company
Champery Real Estate 2015 Llc -- Title 365
Eagle Vista Equities Llc $206,304 Title 365
Jimenez Edwin $445,000 Title 365
Kirby Elwynn C -- Landsafe Title Of Ca Inc
Kirby Elwynn C -- Landsafe Title Of Ca Inc
Kirby Elwynn C -- --
Kirby Darrell S -- Landsafe Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Edwin $441,137
Previous Owner Jimenez Edwin $436,939
Previous Owner Kirby Elwynn C $75,000
Previous Owner Kirby Darrell S $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $710,000 +4.4% $608 / Sq Ft
02/10/2022 02/10/22 For Sale $679,995 +52.8% $583 / Sq Ft
04/28/2017 04/28/17 Sold $445,000 -1.1% $409 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $450,000 0.0% $414 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $450,000 -- $414 / 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 $13,226 $753,457 $530,604 $222,853
2024 $13,226 $738,684 $520,200 $218,484
2023 $13,045 $724,200 $510,000 $214,200
2022 $8,147 $486,668 $218,727 $267,941
2021 $8,238 $477,127 $214,439 $262,688
2020 $8,088 $472,556 $212,241 $260,315
2019 $7,993 $463,298 $208,080 $255,218
2018 $7,819 $454,220 $204,000 $250,220
2016 $5,017 $285,000 $195,000 $90,000
2015 $3,743 $220,000 $137,000 $83,000
2014 $2,972 $170,000 $105,900 $64,100
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Calderon

    Seller's Agent in 2022

    Jonathan Calderon

    Real Broker

    (562) 243-3802

    1 in this area

    62 Total Sales

    Jonathan Calderon
    Section Image
  • Eloy Villamil

    Buyer's Agent in 2022

    Eloy Villamil

    RE/MAX

    (562) 444-3800

    11 in this area

    141 Total Sales

    Eloy Villamil
    Section Image

  • P

    Seller's Agent in 2017

    Polly Watts

    Sundae Homes

    Section Image
  • George Ruiz

    Buyer's Agent in 2017

    George Ruiz

    VIP RE Firm

    (562) 746-9412

    1 in this area

    80 Total Sales

    George Ruiz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22026400

California Regional Multiple Listing Service (CRMLS)

APN: 6164-024-005

California Los Angeles County Compton 90221

1346 E Glencoe St, Compton, CA

Not Listed for Sale

MultiFamily

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