NOT LISTED FOR SALE

1508 S Burris Ave Compton, CA 90221

Estimated Value: $692,000 - $759,000

4 Beds
2 Baths
1,767 Sq Ft
$404/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $390,000 $221 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,459/month

16 Days on Market

Highlights

  • Corner Lot
  • Horse Trails
  • 2 Car Garage

About This Home

As of October 2016

Great Duplex in Compton borderline Long Beach. Each unit has its own garage and No common walls! 2 bedroom 1 bath EACH. No rent control. One unit was recently remodeled from the inside, located on the corner (1100 E Bennett St) and the other one on Burris needs some TLC. Perfect for Investor or First time buyer! Live in one and rent the other. Rents are 1450 and 1300

Last Agent to Sell the Property

Rigo Barraza

Keller Williams Pacific Estates License #01735683 Listed on: 07/11/2016

Keller Williams Pacific Estates

Last Buyer's Agent

Daniel Vazquez

California Homesellers License #01222678

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,616 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,767 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 1
  • Tax Tract Number 5726
  • Assessor Parcel Number 6164022001

Community Details

Overview

  • 2 Buildings

Recreation

  • Horse Trails

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6164022001
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 220.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Horse Trails

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5616.00
  • Price Per Lot Square Foot: 69.43

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2016
Sold by
Barraza Rigoberto
Bought by
Hurtado Oscar
Current Estimated Value
$714,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,648
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2015
Sold by
Johnson Roderick E and R E Johnson Revocable Living T
Bought by
Barraza Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2013
Sold by
Johnson Roderick Earl
Bought by
Johnson Roderick E and The R E Johnson Revocable Livi

Purchase Details

Closed on
Apr 19, 2010
Sold by
Bean Delores Allen and Sheffield Johnson Trust
Bought by
Johnson Roderick Earl and Pennick Sheffaye Johnson

Purchase Details

Closed on
May 29, 2008
Sold by
Sheffield Johnson Trust
Bought by
Bean Delores Allen
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
Hurtado Oscar $390,000 Lawyers Title
Barraza Rigoberto $330,000 Lawyers Title
Johnson Roderick E -- None Available
Johnson Roderick Earl -- None Available
Bean Delores Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hurtado Oscar $351,648
Previous Owner Barraza Rigoberto $324,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2016 10/31/16 Sold $390,000 0.0% $221 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $389,900 +18.2% $221 / Sq Ft
12/01/2015 12/01/15 Sold $330,000 -2.9% $187 / Sq Ft View Prior Sale
10/26/2015 10/26/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $339,900 -- $192 / 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 $8,579 $452,622 $174,085 $278,537
2024 $8,579 $443,748 $170,672 $273,076
2023 $8,787 $435,048 $167,326 $267,722
2022 $7,343 $426,519 $164,046 $262,473
2021 $7,416 $418,157 $160,830 $257,327
2020 $7,284 $413,870 $159,181 $254,689
2019 $7,201 $405,756 $156,060 $249,696
2018 $6,999 $397,800 $153,000 $244,800
2016 $5,816 $330,000 $125,000 $205,000
2015 $3,007 $160,536 $76,042 $84,494
2014 $2,963 $157,392 $74,553 $82,839
Source: Public Records

Agents Affiliated with this Home

  • Rigo Barraza

    Seller's Agent in 2016

    Rigo Barraza

    Keller Williams Pacific Estates

    (562) 965-7882

    8 in this area

    45 Total Sales

    Rigo Barraza
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Vazquez

    California Homesellers

    (562) 988-8999

    23 Total Sales

    Daniel Vazquez
    Section Image
  • tony yepez

    Seller's Agent in 2015

    tony yepez

    RE/MAX

    (562) 712-9631

    2 in this area

    29 Total Sales

    tony yepez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16150546

California Regional Multiple Listing Service (CRMLS)

APN: 6164-022-001

California Los Angeles County Compton 90221

1508 S Burris Ave, Compton, CA

Not Listed for Sale

MultiFamily

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