NOT LISTED FOR SALE

1350 E Schinner St Compton, CA 90221

Estimated Value: $702,000 - $877,000

5 Beds
3 Baths
1,756 Sq Ft
$442/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $370,000 $211 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,807/month

6 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Wall Furnace
  • Accessible Parking

About This Home

As of November 2013

Great opportunity!!! This Excellent income property...Regular sale !!!!! Completely remolded duplex.. A Beautiful 3 bedroom 2 full bath front unit with side private entrance and a 2 bedroom 1full bath duplex ... 3 car garage plus Long up to 5 car space drive way..Right off the 710 and 91 fwy only blocks from shopping centers, grociery stores and restaurants.

Last Agent to Sell the Property

Laura Castro

Pacific Coast Realtors, Inc. License #01818911 Listed on: 10/25/2013

Last Buyer's Agent

Miriam Sanchez

Century 2000 Real Estate Corp. License #01018467

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,046 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,756 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Dishwasher
  • Accessible Parking
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 6164011006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,500
  • Insurance Expense $4,000
  • Trash Expense $700
  • Water Sewer Expense $600
  • New Taxes Expense $2,400
  • Gross Income $2,900
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 6164011006
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 210.71

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 700.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5046.00
  • Lot Size Acres: 0.1160

Multi Family

  • Electric Expense: 2500.00
  • Gross Income: 2900.00
  • Gross Scheduled Income: 2900.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 5046.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2400.00
  • Tax Lot: 000
  • Tax Tract Number: 000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2016
Sold by
Ruiz Victor A and Mendoza Letisia
Bought by
Ruiz Victor A and Mendoza Letisia
Current Estimated Value
$776,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,212
Outstanding Balance
$287,739
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$488,660

Purchase Details

Closed on
Sep 3, 2013
Sold by
Invictus Development
Bought by
Ruiz Victor A and Mendeoza Letisia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2012
Sold by
Mora Mauro
Bought by
Invictus Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2011
Sold by
Mora Mauro
Bought by
Mora Mauro and Negrete Juan

Purchase Details

Closed on
Nov 27, 2006
Sold by
Campos Fermin and Campos Esperanza
Bought by
Mora Mauro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 9, 2004
Sold by
Blanco Jose
Bought by
Campos Fermin and Campos Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1998
Sold by
Simental Ramon
Bought by
Blanco Jose M

Purchase Details

Closed on
Aug 2, 1997
Sold by
Duenas Samuel
Bought by
Blanco Jose M and Simental Ramon

Purchase Details

Closed on
Apr 28, 1997
Sold by
Simental Yolanda
Bought by
Simental Ramon

Purchase Details

Closed on
Feb 18, 1997
Sold by
Felix Guadalupe and Felix Maria
Bought by
Blanco Jose M and Simental Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,348
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1996
Sold by
Emc Mtg Corp
Bought by
Felix Guadalupe and Felix Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%

Purchase Details

Closed on
Oct 23, 1995
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Aug 23, 1995
Sold by
Rodriguez Simon F and Rodriguez Alejandrina F
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruiz Victor A -- Pacific Coast Title
Ruiz Victor A $370,000 None Available
Invictus Development Inc $210,000 Ticor Title
Mora Mauro -- Ticor Title
Mora Mauro -- None Available
Mora Mauro $545,000 Chicago Title Co
Campos Fermin $330,000 Southland Title
Blanco Jose M -- --
Blanco Jose M -- --
Simental Ramon -- --
Blanco Jose M $169,500 --
Felix Guadalupe $125,000 Chicago Title Insurance Co
Emc Mtg Corp $94,000 Chicago Title
Great Western Bank Fsb $68,016 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Victor A $361,212
Previous Owner Ruiz Victor A $363,298
Previous Owner Invictus Development Inc $155,000
Previous Owner Mora Mauro $436,000
Previous Owner Campos Fermin $264,000
Previous Owner Blanco Jose M $165,348
Previous Owner Felix Guadalupe $100,000
Closed Campos Fermin $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2013 11/27/13 Sold $370,000 +1.5% $211 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $364,500 +73.6% $208 / Sq Ft
01/16/2013 01/16/13 Sold $210,000 -4.5% $120 / Sq Ft View Prior Sale
10/23/2012 10/23/12 For Sale $220,000 -- $125 / 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 $8,728 $460,905 $213,217 $247,688
2024 $8,728 $451,869 $209,037 $242,832
2023 $8,603 $443,010 $204,939 $238,071
2022 $7,483 $434,324 $200,921 $233,403
2021 $7,558 $425,809 $196,982 $228,827
2020 $7,423 $421,444 $194,963 $226,481
2019 $7,338 $413,182 $191,141 $222,041
2018 $7,113 $405,082 $187,394 $217,688
2016 $6,552 $383,146 $191,573 $191,573
2015 $6,256 $377,392 $188,696 $188,696
2014 $6,137 $370,000 $185,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13221242

California Regional Multiple Listing Service (CRMLS)

APN: 6164-011-006