Joseph McMahon
Keller Williams Realty
(424) 396-1573
9 Total Sales
1 in Compton
$520,000 Price
1408 S Wilmington Ave Compton, CA 90220
Compton AreaEstimated Value: $834,000 - $977,434
7
Beds
3
Baths
2,595
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- City Lights View
- Laundry Facilities
- 4-minute walk to Greenleaf Parkway
- Tile Flooring
About This Home
As of August 2022Great Income property !! This 3 unit property offers two 2 bedroom, 1bathroom units and one 3 bedroom 1 bathroom, All units have been completely upgraded Each unit has its own laundry hook ups, Electric and Gas meters and 1 car garage. Close to freeways and shopping. This property is perfect for a first time buyer or a seasoned investor. Drive buy only Please do not disturb tenants.
Last Agent to Sell the Property
Bridgegap Real Estate License #01987406 Listed on: 04/29/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 6,215 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,595 Sq Ft Home
- Tile Flooring
- City Lights Views
- Gas And Electric Dryer Hookup
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for all utilities, gas, trash collection
- Tax Lot 180
- Tax Tract Number 1473
- Assessor Parcel Number 6162004025
- $810 per year additional tax assessments
Community Details
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,718
- Water Sewer Expense $3,000
- New Taxes Expense $7,672
- Operating Expense $12,390
- Gross Income $75,672
- Net Operating Income $63,282
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2022
Closed on
Aug 12, 2022
Sold by
Lamar Edison Jr
Bought by
Seller's Agent
Lorraine Lewis
Bridgegap Real Estate
Buyer's Agent
Guadalupe Cano
Coldwell Banker Envision
List Price
$899,999
Sold Price
$850,000
Premium/Discount to List
-$49,999
-5.56%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,989
Avg. Annual Appreciation
1.62%
Original Mortgage
$826,210
Outstanding Balance
$773,760
Interest Rate
4.88%
Mortgage Type
FHA
Estimated Equity
$133,849
Purchase Details
Listed on
Apr 29, 2022
Closed on
Jul 22, 2022
Sold by
Alexander And Sons Investments Llc
Bought by
Edison Lamar
Seller's Agent
Lorraine Lewis
Bridgegap Real Estate
Buyer's Agent
Guadalupe Cano
Coldwell Banker Envision
List Price
$899,999
Sold Price
$850,000
Premium/Discount to List
-$49,999
-5.56%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,210
Outstanding Balance
$773,760
Interest Rate
4.88%
Mortgage Type
FHA
Estimated Equity
$133,849
Purchase Details
Listed on
Jun 13, 2019
Closed on
Oct 16, 2019
Sold by
Enriquez L Michael
Bought by
Alexander And Sons Investments Llc
Seller's Agent
Rhett Richar Winchell
Kennedy Wilson Auction Group
List Price
$285,000
Sold Price
$420,500
Premium/Discount to List
$135,500
47.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.46%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Compton, CA
-
Joseph McMahon
-
Gerry Nicks
Gerry Nicks
Responds QuicklyKeller Williams Realty
(424) 370-0766
164 Total Sales
14 in Compton
$475K - $1.1M Price Range
-
Linda Cottone
Linda Cottone
eXp Realty of California, Inc.
(424) 375-6846
63 Total Sales
1 in Compton
$525,000 Price
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
110 Total Sales
1 in Compton
$640,000 Price
-
Rodrigo Suerte Felipe
Rodrigo Suerte Felipe
eXp Realty of California Inc
(661) 592-1144
76 Total Sales
1 in Compton
$845,000 Price
-
Nathalie Marles
Nathalie Marles
Berkshire Hathaway HomeServices Crest Real Estate
(747) 223-7083
71 Total Sales
1 in Compton
$725,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accommodation/Courtesy Recordi | ||
| Edison Lamar | $850,000 | Fidelity National Title | |
| Alexander And Sons Investments Llc | $420,500 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $826,210 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/10/2022 08/10/22 | Sold | $850,000 | -5.6% | $328 / Sq Ft | |
| 08/02/2022 08/02/22 | Price Changed | $899,999 | 0.0% | $347 / Sq Ft | |
| 08/02/2022 08/02/22 | For Sale | $899,999 | 0.0% | $347 / Sq Ft | |
| 04/29/2022 04/29/22 | For Sale | $899,999 | +114.0% | $347 / Sq Ft | |
| 10/18/2019 10/18/19 | Sold | $420,500 | 0.0% | $162 / Sq Ft | View Prior Sale |
| 07/08/2019 07/08/19 | Price Changed | $420,500 | +0.1% | $162 / Sq Ft | |
| 07/01/2019 07/01/19 | Price Changed | $420,000 | +47.4% | $162 / Sq Ft | |
| 06/29/2019 06/29/19 | Pending | -- | -- | -- | |
| 06/13/2019 06/13/19 | For Sale | $285,000 | -- | $110 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $15,975 | $902,026 | $530,604 | $371,422 |
| 2025 | $15,975 | $884,340 | $520,200 | $364,140 |
| 2024 | $15,838 | $867,000 | $510,000 | $357,000 |
| 2023 | $15,613 | $850,000 | $500,000 | $350,000 |
| 2022 | $7,605 | $433,352 | $227,239 | $206,113 |
| 2021 | $7,672 | $424,856 | $222,784 | $202,072 |
| 2019 | $1,450 | $47,421 | $11,184 | $36,237 |
| 2018 | $1,342 | $46,492 | $10,965 | $35,527 |
| 2016 | $1,254 | $44,689 | $10,540 | $34,149 |
| 2015 | $1,214 | $44,019 | $10,382 | $33,637 |
| 2014 | $1,215 | $43,158 | $10,179 | $32,979 |
Source: Public Records
Agents Affiliated with this Home
-
Lorraine Lewis
LL
Seller's Agent in 2022
Lorraine Lewis
Bridgegap Real Estate
(562) 927-2626
5 Total Sales
-
Guadalupe Cano
GC
Buyer's Agent in 2022
Guadalupe Cano
Coldwell Banker Envision
(310) 850-9764
21 Total Sales
-
RW
Seller's Agent in 2019
Rhett Richar Winchell
Kennedy Wilson Auction Group
-
Shannon Hayon
Seller Co-Listing Agent in 2019
Shannon Hayon
NDA Inc
(818) 926-6121
263 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22083442
APN: 6162-004-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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