NOT LISTED FOR SALE

Estimated Value: $623,000 - $748,000

3 Beds
3 Baths
1,448 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $325,000 $224 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,315/month

90 Days on Market

Highlights

  • Spa
  • Property is near a park
  • Lawn
  • Gated Parking
  • Traditional Architecture
  • 4-minute walk to East Rancho Dominguez Park

About This Home

As of July 2014

"""STANDARD SALE""..."NO RENT CONTROL""""""EXCELLENT 3 UNITS WITH A 2 BEDROOM, 1 BATHROOM UNIT AND A 1 BEDROOM, 1 BATHROOM UNIT. ALSO THERE IS A 3rd CLEAN, WELL DONE SINGLE UNIT WITH 1 BATHROOM WITH A LONG TERM TENANT THAT IS ..."UNPERMITTED".... PROPERTY IS COMPLETELY FENCED AND HAS A GATED COVERED PATIO FOR PARKING 2 CARS OFF STREET. THIS IS AN EXCELLENT INVESTMENT PROPERTY FOR AN INVESTOR SEEKING POSITIVE CASH FLOW FROM 3 UNITS OR A BUYER WANTING TO LIVE IN ONE UNIT AND RECEIVE RENTAL INCOME FROM THE OTHER UNITS. PROPERTY HAS A SEPARATE LAUNDRY ROOM.CLOSE TO CHURCHES, SHOPPING, SCHOOLS,PARKS, COLLEGES AND FREEWAYS.
THIS IS AN EXCELLENT INVESTMENT. THE NEXT DOOR 2 UNIT DUPLEX AT 14913 AND 14915 COOKACRE AVENUE "ML# SB14058342" IS ALSO LISTED FOR SALE. THIS IS AN EXCELLENT OPPORTUNITY TO OWN 2 SIDE BY SIDE INVESTMENT PROPERTIES NEXT TO EACH OTHER...STANDARD SALE WITHOUT THE HASSLES OF A SHORT SALE, REO SALE, FORECLOSURE SALE OR THE UNCERTAINTY OF A PROBATE SALE. THE ADDRESS STATES COMPTON BUT THE PROPERTY IS LOCATED IN UNINCORPORATED LOS ANGELES COUNTY..."STANDARD SALE"...SEE AGENT REMARKS!

Last Listed By

Dwight Heard

Heard Real Estate Company, Inc. License #00816094 Listed on: 05/27/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,777

Year Built

  • Built in 1951

Lot Details

  • 5,175 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Property Attached
  • Additions or Alterations
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet
  • Neighborhood Views
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen
  • Washer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 116
  • Tax Tract Number 10377
  • Assessor Parcel Number 6195018030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $800
  • Maintenance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,999
  • Gross Income $3,103
  • Net Operating Income $28,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,777

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6195018030
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 224.45
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: East
  • Foundation: Slab, Raised
  • View: Neighborhood
  • Fencing: Average Condition, Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Carport, Detached Carport, Gated, Off Street, On Site, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Kitchen, Inside, Individual Room, Outside, Washer Hookup
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard, Level, Lawn, Rectangular Lot, Park Nearby, Sprinklers In Front, Sprinklers Timer, Sprinkler System, Near Public Transit
  • Lot Size Sq Ft: 5175.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3103.00
  • Gross Scheduled Income: 37236.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5175.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 28957.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8279.00
  • Rent Control: No
  • Total Actual Rent: 3103.00

Tax Info

  • New Taxes Expense: 3999.00
  • Tax Lot: 116
  • Tax Tract Number: 10377
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2014
Sold by
Mayfield Everleane and Everleane Mayfield Separate Pr
Bought by
Ortiz Ernesto and Gonzalez Monica C
Total Days on Market
90
Current Estimated Value
$684,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2008
Sold by
Mayfield Everleane
Bought by
Mayfield Everleane and Everleane Mayfield Separate Pr

Purchase Details

Closed on
Apr 3, 2002
Sold by
Sholes Westley and Sholes Jacqueline
Bought by
Mayfield Everleane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,550
Interest Rate
6.86%

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
Ortiz Ernesto $325,000 Old Republic Title Company
Mayfield Everleane -- None Available
Mayfield Everleane $144,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Ernesto $243,750
Previous Owner Mayfield Everleane $117,006
Previous Owner Mayfield Everleane $137,000
Previous Owner Mayfield Everleane $134,550
Previous Owner Sholes Westley $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $325,000 +1.6% $224 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $319,900 -- $221 / 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 $5,777 $382,935 $147,281 $235,654
2023 $5,538 $375,428 $144,394 $231,034
2022 $5,180 $368,067 $141,563 $226,504
2021 $5,272 $360,851 $138,788 $222,063
2019 $5,130 $350,150 $134,672 $215,478
2018 $4,966 $343,285 $132,032 $211,253
2016 $4,719 $329,956 $126,906 $203,050
2015 $4,459 $325,000 $125,000 $200,000
2014 $2,855 $176,621 $88,606 $88,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14058770

California Regional Multiple Listing Service (CRMLS)

APN: 6195-018-030