Seller's Agent in 2023
Kristopher German
RE/MAX
(909) 645-0443
1 in this area
124 Total Sales
15220 S White Ave Compton, CA 90221
East Compton NeighborhoodEstimated Value: $967,000 - $1,146,248
8
Beds
4
Baths
3,016
Sq Ft
$346/Sq Ft
Est. Value
About This Home
As of May 2023NEW PRICE!!! 6.26% CAP RATE on Current Rents! We are pleased to exclusively offer for sale this 4-Unit investment property located in the city of Compton. The property consists of all 2-Bedroom/1-Bathroom units. Tenants enjoy onsite covered parking as well as gated entryways. While the units are separately metered for electricity and gas, the owner also charges back the tenants for water and trash through a RUBS system which charges back the tenants for those utilities as well. This quadplex is located in a neighborhood with primarily single-family residences. The property currently boasts a Cap Rate of 6.26%, much higher than the average in the area, and provides significant upside for the next investor.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 02/20/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 4,872 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- 3,016 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Laundry Room
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 17 / A
- Tax Tract Number 6743
- Assessor Parcel Number 6180013015
- $1,936 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $471
- Insurance Expense $1,508
- Maintenance Expense $4,311
- Other Expense $600
- Trash Expense $650
- Water Sewer Expense $2,100
- New Taxes Expense $11,657
- Operating Expense $21,297
- Gross Income $86,217
- Net Operating Income $62,334
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2023
Closed on
Apr 20, 2023
Sold by
White Lakes Llc
Bought by
Secord Roberto E
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Rene Luna
VIP RE Firm
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%
Views
153
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,656
Avg. Annual Appreciation
1.79%
Original Mortgage
$696,500
Outstanding Balance
$675,217
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$367,595
Purchase Details
Closed on
Nov 16, 2016
Sold by
Molina Sonia
Bought by
Molina Sonia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2010
Sold by
Leal Hugo Francisco
Bought by
Molina Sonia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2009
Sold by
Nassillion Development Inc
Bought by
Molina Sonia
Purchase Details
Closed on
Sep 17, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Nassillon Development Inc
Purchase Details
Closed on
Jan 9, 2008
Sold by
Ross Dennis
Bought by
Hsbc Bank Usa Na and Mhl 2007-1
Purchase Details
Closed on
Apr 7, 2006
Sold by
Ballin D Llc
Bought by
Ross Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 8, 2005
Sold by
Ross Dennis
Bought by
Ballin D Llc
Purchase Details
Closed on
Sep 28, 2001
Sold by
Alvarado Samuel and Alvarado Rosalva
Bought by
Ross Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.73%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Secord Roberto E | $995,000 | Fidelity National Title | |
| Molina Sonia | -- | North American Title | |
| Molina Sonia | -- | Lawyers Title | |
| Molina Sonia | -- | Lawyers Title | |
| Nassillon Development Inc | $350,000 | First American Title Ins Co | |
| Hsbc Bank Usa Na | $510,000 | Accommodation | |
| Ross Dennis | -- | Gateway Title Company | |
| Ballin D Llc | -- | -- | |
| Ross Dennis | $255,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Secord Roberto E | $696,500 | |
| Previous Owner | Molina Sonia | $350,000 | |
| Previous Owner | Molina Sonia | $217,000 | |
| Previous Owner | Ross Dennis | $436,000 | |
| Previous Owner | Ross Dennis | $229,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $995,000 | 0.0% | $330 / Sq Ft |
| 04/12/2023 04/12/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | Price Changed | $995,000 | -5.2% | $330 / Sq Ft |
| 04/03/2023 04/03/23 | For Sale | $1,050,000 | 0.0% | $348 / Sq Ft |
| 03/23/2023 03/23/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | For Sale | $1,050,000 | +5.5% | $348 / Sq Ft |
| 03/07/2023 03/07/23 | Off Market | $995,000 | -- | -- |
| 02/20/2023 02/20/23 | For Sale | $1,095,000 | -- | $363 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,232 | $1,035,198 | $624,240 | $410,958 |
| 2024 | $14,232 | $1,014,900 | $612,000 | $402,900 |
| 2023 | $7,249 | $448,055 | $138,551 | $309,504 |
| 2022 | $6,818 | $439,271 | $135,835 | $303,436 |
| 2021 | $6,915 | $430,659 | $133,172 | $297,487 |
| 2020 | $6,796 | $426,244 | $131,807 | $294,437 |
| 2019 | $6,740 | $417,887 | $129,223 | $288,664 |
| 2018 | $6,566 | $409,694 | $126,690 | $283,004 |
| 2016 | $6,243 | $393,786 | $121,771 | $272,015 |
| 2015 | $5,955 | $387,872 | $119,942 | $267,930 |
| 2014 | $5,874 | $380,275 | $117,593 | $262,682 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
Rene Luna
R
Buyer's Agent in 2023
Rene Luna
VIP RE Firm
(562) 231-3333
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23029055
APN: 6180-013-015
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.
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
- 204 S Thorson Ave
- 4623 E Compton Blvd
- 14822 S Butler Ave
- 4810 E San Luis St
- 15812 Atlantic
- 14524 S Cookacre St
- 405 S Bradfield Ave
- 3920 E Alondra Blvd
- 2011 E Elizabeth St
- 405 S Ward Ave
- 1208 S White Ave
- 521 S Bullis Rd
- 16330 S Caress Ave
- 4949 E San Carlos St
- 6656 E Rosecrans Ave Unit N12
- 1400 S Washington Ave
- 4345 E Queensdale St
- 11 Lilac Ln
- 2416 E Alondra Blvd
- 16313 Hunsaker Ave
- 15224 S White Ave
- 15216 S White Ave
- 4303 E Rose St
- 15212 S White Ave
- 15208 S White Ave
- 15223 S Washington Ave
- 15219 S Washington Ave
- 15206 S White Ave
- 15229 S Washington Ave
- 15213 S Washington Ave
- 4308 E Rose St
- 15231 S White Ave
- 15219 S White Ave
- 15211 S White Ave
- 15205 S Washington Ave
- 15202 S White Ave
- 15308 S White Ave
- 15303 S Washington Ave
- 15303 S White Ave
- 15201 S Washington Ave