NOT LISTED FOR SALE

Estimated Value: $698,000 - $790,050

4 Beds
3 Baths
2,016 Sq Ft
$375/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $509,000 $252 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,637/month

159 Days on Market

Highlights

  • Detached Guest House
  • 2 Car Garage
  • Privacy Fence
  • Laundry Room
  • Energy-Efficient Windows
  • Wall Furnace

About This Home

As of February 2019

Duplex in Compton 4 bedrooms and 3 baths total. Back unit is Vacant.
Updated Kitchen with Granite counter tops, stainless steal appliances included, Recently updated kitchen cabinets, recess lighting, nice laminated floors throughout, updated plumbing, new windows, new painted exterior on both the front unit and the rear unit, has a long driveway with new gates for front unit and back unit. The property has a large backyard for both units to enjoy several fruit trees including delicious Avacado tree,orange tree, and a persimmon tree. Front house has 2 bedrooms and 2 baths and a nice bonus room. The back unit is a one bedroom one bath. buyer to do own due diligence. Ready to move in -turn key property this will not last do not miss the opportunity to live in this great property with a seperate unit detached to collect rental income. see drone video and tour of the property https://youtu.be/Xlnes9L4eu0

Last Agent to Sell the Property

Anthony Estevez

The Ave License #01886963 Listed on: 06/19/2018

Last Buyer's Agent

Lety Ayala

Coldwell Banker Envision License #01416274

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,849 Sq Ft Lot
  • No Common Walls
  • Privacy Fence
  • Fenced
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Bonus Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Eco-Friendly Details

  • Energy-Efficient Windows

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Wall Furnace
  • Private Sewer

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 9
  • Tax Tract Number 11992
  • Assessor Parcel Number 6195011009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $20
  • Insurance Expense $90
  • Trash Expense $8
  • Operating Expense $118
  • Gross Income $48,000
  • Net Operating Income $36,584

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refridgerator, oven, stove
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6195011009
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Bonus Room, Guest House, Gas
  • Levels: One
  • Price Per Square Foot: 252.48
  • Room Type: All Bedrooms Up

Exterior Features

  • Other Structures: Guest House Detached
  • Fence: Yes
  • Fencing: Excellent Condition, Privacy
  • Pool Private: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Private Sewer
  • Trash Expense: 8.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6849.00
  • Lot Size Acres: 0.1572

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 20.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 90.00
  • Lot Size Area: 6849.0000 Square Feet
  • Net Operating Income: 36584.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1412.00
  • Rent Control: No
  • Total Expenses: 118.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 11992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
Valencia Monica and Valencia Francisco
Bought by
Valencia Monica and Valencia Francisco
Current Estimated Value
$756,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,647
Outstanding Balance
$444,501
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$312,262

Purchase Details

Listed on
Jun 19, 2018
Closed on
Feb 14, 2019
Sold by
Ruiz Jose L
Bought by
Valencia Monica
Seller's Agent
Anthony Estevez
The Ave
Buyer's Agent
Lety Ayala
Coldwell Banker Envision
List Price
$530,000
Sold Price
$509,000
Premium/Discount to List
-$21,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Nov 27, 2018
Sold by
Martinez Leonardo
Bought by
Ruiz Valencia Monica and Ruiz Valencia Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,663
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2009
Sold by
Countrywide Bank Fsb
Bought by
Martinez Leonardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,760
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2008
Sold by
Hamad Mahmoud
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
Jan 26, 2006
Sold by
Sridis Chartnakrob and Hunter Sridis Felicia Saconda
Bought by
Hamad Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Sridis Nitas and Sridis Plernpan
Bought by
Sridis Chartnakrob and Hunter Sridis Felicia Saconda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valencia Monica -- Chicago Title Company
Valencia Monica -- Stewart Title Co Of Ca
Ruiz Valencia Monica $510,000 Stewart Title Co Of Ca
Martinez Leonardo $168,000 Landsafe Title
Countrywide Bank Fsb $207,000 Landsafe Title
Hamad Mahmoud $390,000 Landsafe Title
Sridis Chartnakrob -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Monica $501,647
Previous Owner Ruiz Valencia Monica $500,663
Previous Owner Martinez Leonardo $164,760
Previous Owner Hamad Mahmoud $304,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $509,000 0.0% $252 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
11/14/2018 11/14/18 Off Market $509,000 -- --
10/15/2018 10/15/18 Price Changed $525,888 -0.8% $261 / Sq Ft
06/19/2018 06/19/18 For Sale $530,000 -- $263 / 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 $8,065 $568,886 $234,232 $334,654
2024 $7,870 $557,733 $229,640 $328,093
2023 $7,603 $546,798 $225,138 $321,660
2022 $7,085 $536,077 $220,724 $315,353
2021 $7,222 $525,567 $216,397 $309,170
2020 $7,079 $520,179 $214,179 $306,000
2019 $3,272 $194,391 $115,710 $78,681
2018 $3,147 $190,581 $113,442 $77,139
2016 $2,985 $183,183 $109,038 $74,145
2015 $2,854 $180,433 $107,401 $73,032
2014 $2,819 $176,900 $105,298 $71,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18145183

California Regional Multiple Listing Service (CRMLS)

APN: 6195-011-009