NOT LISTED FOR SALE

1421 S Willowbrook Ave Compton, CA 90220

Estimated Value: $1,163,000 - $1,494,000

12 Beds
4 Baths
4,400 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $906,000 $206 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,395/month

54 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace

About This Home

As of June 2018

FOUR HOMES ON ONE LOT !!! Market rents are over 8,000! Rare 4-Plex investment in a great area of Compton! All 3bedrooms/1bath each with their own garage parking! These units have been recently remodeled with granite counter-tops, new flooring, new paint and remodeled bathrooms. Live in one and rent the other three! Low expenses and high cash flowing multi-family units! Great tenants ! Take advantage of this great cash rare cash flowing income property before its gone! Close to resturants , freeways, schools and parks!

Last Agent to Sell the Property

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 12/07/2017

Keller Williams SELA

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,802 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 4,400 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Not Available

Additional Features

  • Laundry Room
  • Rain Gutters

Listing and Financial Details

  • Tax Lot C013
  • Tax Tract Number 5426
  • Assessor Parcel Number 6163011019

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $960
  • Trash Expense $960
  • New Taxes Expense $12,000
  • Operating Expense $14,000
  • Gross Income $96,000
  • Net Operating Income $86,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: COCL*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6163011019
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 205.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: None
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9802.00

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 960.00
  • Net Operating Income: 86000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 11000.00
  • Rent Control: No
  • Total Expenses: 14000.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 5426.01
  • Tax Lot: C013
  • Tax Tract Number: 5426.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Rivas Jose Santos
Bought by
J & R Enterprise Group Llc
Current Estimated Value
$1,321,848

Purchase Details

Closed on
Aug 26, 2019
Sold by
Rivas Jose Santos
Bought by
Rivas Jose Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.8%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Rivas Jose S
Bought by
Rivas Jose Santos and The J S Rivas 2019 Family Trus

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jun 11, 2018
Sold by
Harvey Frank and Harvey Krista S
Bought by
Rivas Jose S
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,075,000
Sold Price
$906,000
Premium/Discount to List
-$169,000
-15.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$679,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2017
Sold by
Shepherd Harvey Iii Frank and Shepherd Harvey Krista
Bought by
Harvey Frank and Harvey Krista S

Purchase Details

Closed on
Sep 29, 2008
Sold by
Lemus Graciela
Bought by
Shepherd Harvey Iii Frank and Shepherd Harvey Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Holland Linnie B and The Holland Living Trust
Bought by
Lemus Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.77%

Purchase Details

Closed on
Dec 6, 2000
Sold by
Holland Terrace L and Holland Linne B
Bought by
Holland Linnie B and Holland Terrace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.66%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Holland Linnie
Bought by
Holland Linnie B and Holland Living Trust

Purchase Details

Closed on
Jul 7, 1997
Sold by
Holland Linnie and Holland Terrace L
Bought by
Holland Linnie B and Holland Terrace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
9.5%

Purchase Details

Closed on
Oct 11, 1994
Sold by
Holland Linnie B and Holland Emma L
Bought by
Holland Linnie B and Holland Emma L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
J & R Enterprise Group Llc -- None Listed On Document
Rivas Jose Santos -- Pacific Coast Title Co
Rivas Jose Santos -- None Available
Rivas Jose S $906,000 Old Republic Title
Harvey Frank -- None Available
Shepherd Harvey Iii Frank $585,000 Fidelity National Title Co
Lemus Graciela -- Fidelity National Title Co
Lemus Graciela $390,000 Diversified Title & Escrow S
Holland Linnie B -- Diversified Title & Escrow S
Holland Linnie B -- Fidelity National Title
Holland Terrace L -- Fidelity National Title
Holland Linnie B -- --
Holland Linnie B -- --
Holland Linnie B -- --
Holland Linnie B -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivas Jose Santos $690,000
Previous Owner Rivas Jose S $679,500
Previous Owner Shepherd Harvey Iii Frank $438,750
Previous Owner Lemus Graciela $312,000
Previous Owner Holland Terrace L $228,000
Previous Owner Holland Linnie B $202,500
Closed Lemus Graciela $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $906,000 -9.4% $206 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $999,999 -7.0% $227 / Sq Ft
12/07/2017 12/07/17 For Sale $1,075,000 -- $244 / 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 $17,627 $1,030,869 $291,282 $739,587
2024 $17,627 $1,010,657 $285,571 $725,086
2023 $17,421 $990,841 $279,972 $710,869
2022 $16,404 $971,414 $274,483 $696,931
2021 $16,563 $952,367 $269,101 $683,266
2020 $16,262 $942,602 $266,342 $676,260
2019 $16,072 $924,120 $261,120 $663,000
2018 $11,792 $662,079 $396,117 $265,962
2016 $11,191 $636,372 $380,736 $255,636
2015 $10,690 $626,814 $375,017 $251,797
2014 $10,495 $614,536 $367,671 $246,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17271711

California Regional Multiple Listing Service (CRMLS)

APN: 6163-011-019