NOT LISTED FOR SALE

1405 S Tamarind Ave Unit A Compton, CA 90220

Estimated Value: $1,333,000 - $1,593,000

11 Beds
8 Baths
5,083 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $883,000 $174 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,886/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Accessible Parking
  • Granite Countertops
  • Laundry Room
  • Tile Flooring

About This Home

As of March 2017

Newer construction built 2008 with all units rented. Clean building with long drive way, close to Home Depot, 91 fwy, Laundry room available with washer and dryers. Dish satellite permitted. All kitchens with granite counter tops and tile throughout building. Upstairs units with central a/c. Separate laundry room with washers and dryers

Last Agent to Sell the Property

Ismael Meza

Berkshire Hathaway H.S.C.P. License #01263271 Listed on: 12/01/2016

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Milton Lai

Milton Chun-Ming Lai License #01889936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,643

Year Built

  • Built in 2008

Lot Details

  • 8,473 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 5,083 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Tile Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 14
  • Tax Tract Number 2883
  • Assessor Parcel Number 6163020037

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $960
  • Insurance Expense $3,600
  • Trash Expense $80
  • New Taxes Expense $11,075
  • Operating Expense $1,920
  • Gross Income $65,000
  • Net Operating Income $52,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,643

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Inclusions: washers included
  • Other Phone Description: 562-335-5054
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Zoning: CORH*
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6163020037
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 173.72
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8473.00

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Electric Expense: 960.00
  • Gross Income: 65000.00
  • Gross Scheduled Income: 5480.00
  • Insurance Expense: 3600.00
  • Net Operating Income: 52400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 13360.00
  • Rent Control: No
  • Total Actual Rent: 5480.00
  • Total Expenses: 1920.00

Tax Info

  • New Taxes Expense: 11075.00
  • Tax Census Tract: 5432.02
  • Tax Lot: 14
  • Tax Tract Number: 2883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Feb 2, 2017
Sold by
Magana Brenda
Bought by
Herrera Jose L
Seller's Agent
Ismael Meza
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Milton Lai
Milton Chun-Ming Lai
List Price
$886,000
Sold Price
$883,000
Premium/Discount to List
-$3,000
-0.34%
Total Days on Market
9
Current Estimated Value
$1,505,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,005
Avg. Annual Appreciation
6.66%
Original Mortgage
$441,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2016
Sold by
Herrera Jose L
Bought by
Jr Ideal Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2015
Sold by
Olivares Hector D
Bought by
Herrera Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 29, 2010
Sold by
Herrera Maria A
Bought by
Olivares Hector D and Herrera Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,116
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2005
Sold by
Herrera Jose
Bought by
Herrera Maria A

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
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 2005
Sold by
Cid Inc
Bought by
Herrera Maria A

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
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 2, 2005
Sold by
Thompson Jermaine
Bought by
Cid Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
7.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 2005
Sold by
Prudhomme Vannie J and Freeman Genise
Bought by
Thompson Jermaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
7.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2005
Sold by
Freeman Genise
Bought by
Prudhomme Vannie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
7.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 10, 2001
Sold by
Prudhomme Vannie J
Bought by
Prudhomme Vannie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2001
Sold by
Prudhomme Randall
Bought by
Prudhomme Vannie J

Purchase Details

Closed on
Jul 18, 1997
Sold by
Freeman Genise
Bought by
Prudhomme Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Freeman Genise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.1%

Purchase Details

Closed on
May 10, 1996
Sold by
First Federal Bank Of California
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 25, 1996
Sold by
Gonzalez Jose Abel and Quintinalla Consuelo Esperanza
Bought by
First Federal Bank Of California
Source: Public Records

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Range of Values:

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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
Herrera Jose L -- Fidelity National Title
Jr Ideal Investment Inc $883,000 Fidelity National Title
Herrera Jose L -- None Available
Olivares Hector D $485,000 Provident Title Co
Herrera Maria A -- Financial Title Company
Herrera Maria A $425,000 Financial Title Company La
Cid Inc -- --
Thompson Jermaine $299,000 Financial Title Gardena
Prudhomme Vannie J -- Financial Title Co Gardena
Prudhomme Vannie J -- --
Prudhomme Vannie J -- Fidelity Title
Prudhomme Randall $155,000 First American Title
Freeman Genise $95,000 First American Title Co
Federal Home Loan Mortgage Corporation -- First American
First Federal Bank Of California $137,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jr Ideal Investment Inc $441,000
Previous Owner Herrera Jose L $60,000
Previous Owner Olivares Hector D $471,116
Previous Owner Herrera Maria $31,500
Previous Owner Herrera Maria $0
Previous Owner Herrera Maria A $75,000
Previous Owner Herrera Maria A $75,000
Previous Owner Herrera Maria A $300,000
Previous Owner Thompson Jermaine $299,000
Previous Owner Prudhomme Vannie J $65,000
Previous Owner Prudhomme Vannie J $157,500
Previous Owner Prudhomme Randall $152,100
Previous Owner Freeman Genise $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $883,000 -0.3% $174 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $886,000 -- $174 / 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
2024 $17,643 $1,004,697 $227,563 $777,134
2023 $17,440 $984,998 $223,101 $761,897
2022 $16,423 $965,685 $218,727 $746,958
2021 $16,578 $946,751 $214,439 $732,312
2019 $16,090 $918,673 $208,080 $710,593
2018 $15,656 $900,660 $204,000 $696,660
2016 $10,600 $599,944 $191,990 $407,954
2015 $8,982 $517,009 $181,219 $335,790
2014 $8,824 $506,883 $177,670 $329,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16755045

California Regional Multiple Listing Service (CRMLS)

APN: 6163-020-037