NOT LISTED FOR SALE

141 E Cocoa St Compton, CA 90220

Estimated Value: $839,000 - $1,105,665

5 Beds
4 Baths
2,396 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $702,000 $293 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,310/month

22 Days on Market

About This Home

As of November 2018

WOW! WOW! WOW! Rare opportunity to own a (4plex) multi unit property that is truly turn key and ready to rent out; set your own rents and nothing else to worry about. Live in one and rent the others; or have extended family live with you! EVERY UNIT has been EXTENSIVELY remodeled with love and care: Upgraded electrical w/new meters, new gas line & meters, copper plumbing upgrades, newly installed roof & dual pane windows, new doors. Laminated flooring, custom tiling, new kitchens w/granite counter tops, all bathrooms upgraded, recessed lighting are just the beginning. 2-2 car garages(4 parking spaces) w/laundry facility has been rebuilt, long extended driveway, & ALL new water heaters & lines. Property is situated in wide spacious street that is conveniently located near major Compton shopping center, local schools, steps from the Blue Line, and centrally located to freeway access. This one will sell fast; truly a perfect opportunity to take advantage off.

Last Agent to Sell the Property

tony yepez

ReMax College Park Realty License #01290066 Listed on: 09/26/2018

ReMax College Park Realty

Last Buyer's Agent

Lisa Harris

RE/MAX College Park Realty License #01123960

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,543

Year Built

  • Built in 1951

Lot Details

  • 7,755 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,396 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 6160021023

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,543

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: COPRH*
  • Property Type: Residential Income
  • Parcel Number: 6160021023
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 292.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7755.00
  • Lot Size Acres: 0.1780

Multi Family

  • Gross Scheduled Income: 62400.00
  • Lot Size Area: 7755.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5425.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Oct 10, 2018
Sold by
Djd Real Estate Grou Llc
Bought by
Coleman Matthew and Coleman Laronna
Seller's Agent
tony yepez
ReMax College Park Realty
Buyer's Agent
Lisa Harris
RE/MAX College Park Realty
List Price
$698,900
Sold Price
$702,000
Premium/Discount to List
$3,100
0.44%
Current Estimated Value
$977,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,166
Avg. Annual Appreciation
4.91%
Original Mortgage
$525,000
Outstanding Balance
$459,770
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$517,396

Purchase Details

Closed on
Nov 29, 2017
Sold by
Jolo Llc
Bought by
Djd Real Estate Group Llc

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
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2017
Sold by
Platinum Proeprty Holdings Inc
Bought by
Jolo Llc

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
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2017
Sold by
U S Bank National Association
Bought by
Platinum Property Holdings Inc and Jolo Llc

Purchase Details

Closed on
May 12, 2014
Sold by
Meeks Peris M
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 26, 2004
Sold by
Meeks Peris
Bought by
Meeks Peris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2000
Sold by
Jenkins Louis
Bought by
Meeks Peris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.66%

Purchase Details

Closed on
May 7, 1999
Sold by
Family Trust Jenkins, Louis And Althea Trs Je
Bought by
Jenkins Louis and Jenkins Althea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,650
Interest Rate
6.92%
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
Coleman Matthew $710,000 Lawyers Title
Djd Real Estate Group Llc $370,000 Lawyers Title Co
Jolo Llc -- Accommodation
Platinum Property Holdings Inc $323,500 Premium Title Of Ca Inc
U S Bank National Association $342,000 None Available
Meeks Peris M -- Old Republic Title Company
Meeks Peris $210,000 Commonwealth Title
Jenkins Louis -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Matthew $525,000
Previous Owner Djd Real Estate Group Llc $100,000
Previous Owner Meeks Peris M $295,000
Previous Owner Meeks Peris $168,000
Previous Owner Jenkins Louis $104,650
Closed Meeks Peris $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $702,000 +0.4% $293 / Sq Ft
10/20/2018 10/20/18 For Sale $698,900 -0.4% $292 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/05/2018 10/05/18 Off Market $702,000 -- --
09/26/2018 09/26/18 For Sale $698,900 -- $292 / 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 $13,543 $783,088 $278,876 $504,212
2024 $13,543 $767,734 $273,408 $494,326
2023 $13,386 $752,682 $268,048 $484,634
2022 $12,609 $737,925 $262,793 $475,132
2021 $12,738 $723,457 $257,641 $465,816
2019 $12,364 $702,000 $250,000 $452,000
2018 $6,117 $323,500 $200,000 $123,500
2017 $6,620 $359,121 $147,873 $211,248
2016 $6,469 $352,080 $144,974 $207,106
2015 $6,187 $346,793 $142,797 $203,996
2014 $4,822 $258,125 $98,332 $159,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18234939

California Regional Multiple Listing Service (CRMLS)

APN: 6160-021-023