NOT LISTED FOR SALE

1409 E Pauline St Compton, CA 90221

Estimated Value: $812,000 - $1,002,251

8 Beds
4 Baths
2,179 Sq Ft
$418/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $650,000 $298 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,120/month

25 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Front Yard
  • 5 Car Garage

About This Home

As of November 2018

Location! Location! Location! This 4 unit property is located in the city of Compton with NO rent control and one lot away from the corner of Long Beach Blvd and Pauline St. Walking distance to all the neighborhood shopping centers and schools. These 4 units are well taken care of by owners and great tenants and show a pride of ownership. This property consists of 4 units all with their own parking spots AND 1 car garage. There is also a laundry area in the back that can be utilized for additional income. Plenty of parking in the front lawn as well and a large gate for extra security. These are a great stress free income producer with long term tenants and plenty of upside in monthly rents.

Last Agent to Sell the Property

Jesus Arceo

Value Real Estate License #00890268 Listed on: 09/17/2018

Last Buyer's Agent

Victor Garza

Victor Garza R.E. Broker License #00868657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,096

Year Built

  • Built in 1947

Lot Details

  • 7,302 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,179 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 422
  • Assessor Parcel Number 7302016012

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $50,100

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,096

Year Built

Built in 1947

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Other Phone Description: Victor Garza
  • Other Phone Number: 909-910-1015
  • Property Attached: Yes
  • Zoning: COCL*
  • Property Type: Residential Income
  • Parcel Number: 7302016012
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 298.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • 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: Front Yard
  • Lot Size Sq Ft: 7302.00
  • Lot Size Acres: 0.1676

Multi Family

  • Gross Income: 50100.00
  • Gross Scheduled Income: 50100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7302.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 50100.00

Tax Info

  • Tax Census Tract: 5422.00
  • Tax Lot: 6
  • Tax Tract Number: 422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 9, 2018
Sold by
Romero Antonio and Romero Brenda M
Bought by
Young Kim Al and Lee Grace Hee
Seller's Agent
Jesus Arceo
Value Real Estate
Buyer's Agent
Victor Garza
Victor Garza R.E. Broker
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$910,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,563
Avg. Annual Appreciation
4.43%
Original Mortgage
$390,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Romero Antonio and Romero Brenda M
Bought by
Romero Antonio

Purchase Details

Closed on
Dec 15, 2003
Sold by
Mohammad Sanaa
Bought by
Romero Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 23, 2001
Sold by
Hud
Bought by
Mohammad Sanaa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
6.92%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 30, 1998
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 19, 1997
Sold by
Rivera Moises and Bernal Jaime
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 13, 1996
Sold by
Gamboa Jaime
Bought by
Rivera Moises and Bernal Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,816
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 1995
Sold by
Gamboa Olga
Bought by
Gamboa Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,816
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1995
Sold by
Nash Verta Bell
Bought by
Gamboa Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,816
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1994
Sold by
Nash Emanuel
Bought by
Nash Verta Bell
Source: Public Records

Range of Values:

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Average Value
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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
Young Kim Al $650,000 Usa National Title
Romero Antonio -- --
Romero Antonio $400,000 Diversified Title & Escrow S
Mohammad Sanaa $139,000 United Title Company
Hud -- Commonwealth Land Title Co
Chase Manhattan Mtg Corp $199,773 Commonwealth Title
Rivera Moises $190,000 Commonwealth Land Title Co
Gamboa Jaime -- Southland Title Company
Gamboa Jaime $100,000 Southland Title Company
Nash Verta Bell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Al Yong $425,000
Closed Kim Al Yong $370,000
Previous Owner Young Kim Al $390,000
Previous Owner A Romero Family Trust $271,800
Previous Owner A Romero Family Trust $280,000
Previous Owner Romero Antonio $300,000
Previous Owner Mohammad Sanaa $31,000
Previous Owner Mohammad Sanaa $185,200
Previous Owner Rivera Moises $184,816
Previous Owner Gamboa Jaime $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $650,000 0.0% $298 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $650,000 -- $298 / 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 $13,096 $710,864 $273,408 $437,456
2023 $12,950 $696,927 $268,048 $428,879
2022 $12,231 $683,263 $262,793 $420,470
2021 $12,350 $669,867 $257,641 $412,226
2020 $12,139 $663,000 $255,000 $408,000
2019 $12,003 $650,000 $250,000 $400,000
2018 $9,475 $499,813 $216,167 $283,646
2016 $8,065 $420,000 $206,700 $213,300
2015 $7,209 $380,000 $187,000 $193,000
2014 $6,209 $315,000 $155,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jesus Arceo

    Value Real Estate

  • V

    Buyer's Agent in 2018

    Victor Garza

    Victor Garza R.E. Broker

    (909) 910-1015

    5 Total Sales

    Victor Garza
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18226922

California Regional Multiple Listing Service (CRMLS)

APN: 7302-016-012

California Los Angeles County Compton 90221

1409 E Pauline St, Compton, CA

This home is located at 1409 E Pauline St, Compton, CA 90221 since 17 September 2018 and is currently estimated at $910,563, approximately $417 per square foot. This property was built in 1947. 1409 E Pauline St is a home located in Los Angeles County with nearby schools including Kelly Elementary School, Roosevelt Middle School, and Dominguez High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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