NOT LISTED FOR SALE

15115 S Frailey Ave Compton, CA 90221

East Compton Neighborhood

Estimated Value: $321,000 - $1,090,000

7 Beds
4 Baths
2,436 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 04, 2024

Last sale price $275,000 $113 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,046/month

About This Home

As of December 2024

Profitable 4 unit complex in the City of Compton. Unit A - 3 bed / 1 bath. Unit A 1/2 - 2 bed / 1 bath. Unit A 3/4 - Studio / 1 bath. Unit B - 2 bed / 1 bath. All units are fully occupied with long term tenants on a month to month lease. Conveniently located near the 710, 105, and 91 freeway. Walking distance to East Rancho Dominguez Park and nearby restaurants.

Last Agent to Sell the Property

Christine Cheng

Keller Williams Realty/Temecula Brokerage Phone: 213-458-1975 License #01991087 Listed on: 10/11/2024

Keller Williams Realty/Temecula

Last Buyer's Agent

Christine Cheng

Keller Williams Realty/Temecula Brokerage Phone: 213-458-1975 License #01991087 Listed on: 10/11/2024

Keller Williams Realty/Temecula

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,157 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 18 / B
  • Tax Tract Number 7240
  • Assessor Parcel Number 6180018017
  • $1,163 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Fuel Expense $1,440
  • Gardener Expense $600
  • Insurance Expense $1,157
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,446
  • Operating Expense $15,843
  • Gross Income $54,960
  • Net Operating Income $39,117

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR1*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6180018017
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 112.89

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4157.00
  • Lot Size Acres: 0.0954

Multi Family

  • Electric Expense: 1440.00
  • Fuel Expense: 1440.00
  • Gross Income: 54960.00
  • Gross Scheduled Income: 54960.00
  • Insurance Expense: 1157.00
  • Lot Size Area: 4157.0000 Square Feet
  • Net Operating Income: 39117.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15843.00
  • Rent Control: Yes
  • Total Expenses: 15843.00

Tax Info

  • New Taxes Expense: 5446.00
  • Tax Block: B
  • Tax Census Tract: 5421.06
  • Tax Lot: 18
  • Tax Tract Number: 7240
  • TaxOtherAnnualAssessmentAmount: 1163.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2025
Sold by
Suy Sou Peter
Bought by
Richie Gov And Lang Cheng Trust and Gov
Current Estimated Value
$681,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,600
Outstanding Balance
$529,385
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$152,224

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 20, 2024
Sold by
Ly Sue T
Bought by
Suy Sou Peter
Seller's Agent
Christine Cheng
Keller Williams Realty/Temecula
Buyer's Agent
Christine Cheng
Keller Williams Realty/Temecula
List Price
$550,000
Sold Price
$275,000
Premium/Discount to List
-$275,000
-50%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.57%

Purchase Details

Listed on
Oct 11, 2024
Closed on
Oct 14, 2024
Sold by
Jnp Properties Llc
Bought by
Suy Sou Peter and Ly Sue T
Seller's Agent
Christine Cheng
Keller Williams Realty/Temecula
Buyer's Agent
Christine Cheng
Keller Williams Realty/Temecula
List Price
$550,000
Sold Price
$275,000
Premium/Discount to List
-$275,000
-50%
Views
8

Purchase Details

Closed on
Jun 29, 2011
Sold by
Ly Sue T
Bought by
Jnp Properties Llc

Purchase Details

Closed on
Jan 26, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Ly Sue T

Purchase Details

Closed on
Mar 6, 2008
Sold by
Lara Jesus and Lara Maria R
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Jul 21, 2006
Sold by
Barajas Ignacio
Bought by
Lara Jesus and Lara Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,400
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1995
Sold by
Lazar Vera
Bought by
Lazar Charles Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,790
Interest Rate
9.09%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1995
Sold by
Herrera Angelica Maria
Bought by
Barajas Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,790
Interest Rate
9.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 1995
Sold by
Lazar Charles Walter and Lazar Maria M
Bought by
Barajas Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,790
Interest Rate
9.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richie Gov And Lang Cheng Trust -- Osn Title Company
Suy Sou Peter $275,000 Fidelity National Title
Suy Sou Peter $275,000 Fidelity National Title
Suy Sou Peter -- Fidelity National Title
Suy Sou Peter -- Fidelity National Title
Suy Sou Peter -- Fidelity National Title
Ly Sue T -- Fidelity National Title
Jnp Properties Llc -- Accommodation
Ly Sue T $189,000 Landsafe Title
Deutsche Bank National Trust Co $382,500 Landsafe Title
Lara Jesus $523,000 United Title Company
Lazar Charles Walter -- --
Barajas Ignacio -- --
Barajas Ignacio $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richie Gov And Lang Cheng Trust $529,600
Previous Owner Lara Jesus $418,400
Previous Owner Barajas Ignacio $126,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2024 12/04/24 Sold $275,000 -50.0% $113 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $550,000 -- $226 / 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 $5,683 $850,000 $425,000 $425,000
2024 $5,683 $369,415 $153,921 $215,494
2023 $5,446 $362,172 $150,903 $211,269
2022 $5,100 $355,072 $147,945 $207,127
2021 $5,179 $348,111 $145,045 $203,066
2020 $5,083 $344,542 $143,558 $200,984
2019 $5,041 $337,788 $140,744 $197,044
2018 $4,883 $331,166 $137,985 $193,181
2016 $4,629 $318,309 $132,628 $185,681
2015 $4,399 $313,528 $130,636 $182,892
2014 $4,329 $307,388 $128,078 $179,310
Source: Public Records

Agents Affiliated with this Home

  • Christine Cheng

    Seller's Agent in 2024

    Christine Cheng

    Keller Williams Realty/Temecula

    (213) 458-1975

    1 in this area

    61 Total Sales

    Christine Cheng
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24212012

California Regional Multiple Listing Service (CRMLS)

APN: 6180-018-017

California Los Angeles County Compton 90221 East Compton

15115 S Frailey Ave, Compton, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes