1409 E Pauline St Compton, CA 90221
Estimated Value: $805,000 - $979,237
8
Beds
4
Baths
2,179
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Laundry Room
- Wall Furnace
- Front Yard
- 5 Car Garage
About This Home
As of November 2018Location! 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 Listed By
Jesus Arceo
Value Real Estate License #00890268 Listed on: 09/17/2018
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
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
Total Days on Market
25
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
$225,059
Avg. Annual Appreciation
4.78%
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
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Compton, CA
Home Values in the Area
Average Home Value in this Area
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
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
-
Victor Garza
V
Buyer's Agent in 2018
Victor Garza
Victor Garza R.E. Broker
(909) 910-1015
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18226922
APN: 7302-016-012
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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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