NOT LISTED FOR SALE

15416 S Butler Ave Compton, CA 90221

East Compton Neighborhood

Estimated Value: $827,000 - $893,977

5 Beds
3 Baths
2,163 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 30, 2015

Last sale price $450,000 $208 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,076/month

4 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Guest House
  • No HOA
  • 0.28 Acre Lot
  • Private Yard
  • Converted Garage

About This Home

As of May 2015

THIS IS A BIG 2 SEPARATE UNITS IN A BIG LOT SIZE , FIRST HOUSE IS 2 BEDROOMS 1 BATHROOM AND BONUS ROOM, SECOND SEPARATE UNIT HAS 3 BEDROOMS 2 BATHROOMS AND CHIMNEY AND PRIVATE BACK YARD AND A EXTRA SEPARATE BONUS GUESS HOUSE, BOTH PROPERTIES ARE RENOVATED WITH GRANITE COUNTER TOP , NEW CABINETS, TITLE LIVING ROOM

Last Agent to Sell the Property

Gina De La Rosa

VIP RE Firm License #01763708 Listed on: 04/18/2015

Last Buyer's Agent

Gina De La Rosa

VIP RE Firm License #01763708 Listed on: 04/18/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Private Yard

Parking

  • 5 Car Garage
  • Converted Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Interior Spaces

  • 2,163 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Den with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Heating Available
  • Shared Septic

Additional Features

  • Fireplace in Guest House
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • Tax Lot 2
  • Assessor Parcel Number 6180011006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $150
  • Trash Expense $50
  • Water Sewer Expense $190
  • New Taxes Expense $548
  • Gross Income $3,300
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 190.00
  • Property Type: Residential Income
  • Parcel Number: 6180011006
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Fireplace Features: Den, Electric, Family Room, Gas, Guest House, Wood Burning
  • Levels: One
  • Price Per Square Foot: 208.04
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Converted Garage, Driveway, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area, Electric Dryer Hookup, Individual Room
  • Sewer: Shared Septic
  • Trash Expense: 50.00
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 12263.00
  • Lot Size Acres: 0.2820

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 150.00
  • Lot Size Area: 12263.0000 Square Feet
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 548.00
  • Tax Lot: 2
  • Tax Tract Number: 135C4
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2015
Closed on
Jul 21, 2015
Sold by
Lopez Gilberto V
Bought by
The Gilberto & Maria Lopez Family Trust
Seller's Agent
Gina De La Rosa
VIP RE Firm
Buyer's Agent
Gina De La Rosa
VIP RE Firm
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Current Estimated Value
$848,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,994
Avg. Annual Appreciation
6.17%

Purchase Details

Listed on
Apr 18, 2015
Closed on
May 26, 2015
Sold by
Cerda Rodolfo
Bought by
100 Or Better Llc
Seller's Agent
Gina De La Rosa
VIP RE Firm
Buyer's Agent
Gina De La Rosa
VIP RE Firm
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$172,954
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$676,040

Purchase Details

Listed on
Apr 18, 2015
Closed on
May 15, 2015
Sold by
Lopez Maria I
Bought by
Lopez Gilbert V
Seller's Agent
Gina De La Rosa
VIP RE Firm
Buyer's Agent
Gina De La Rosa
VIP RE Firm
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$172,954
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$676,040

Purchase Details

Listed on
Apr 18, 2015
Closed on
Apr 28, 2015
Sold by
100 Or Better Llc
Bought by
Lopez Gilberto V
Seller's Agent
Gina De La Rosa
VIP RE Firm
Buyer's Agent
Gina De La Rosa
VIP RE Firm
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$172,954
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$676,040

Purchase Details

Closed on
Oct 21, 2014
Sold by
Cerda Elizabeth
Bought by
100 Or Better Llc

Purchase Details

Closed on
Apr 3, 2008
Sold by
Cerda Rodolfo and Cerda Rodolfo
Bought by
Cerda Elizabeth

Purchase Details

Closed on
Nov 22, 2005
Sold by
Cerda Rodolfo
Bought by
Cerda Rodolfo and Cerda Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Gilberto & Maria Lopez Family Trust -- None Available
100 Or Better Llc $17,500 Chicago Title
Lopez Gilbert V -- Chicago Title
Lopez Gilberto V $450,000 Chicago Title
100 Or Better Llc $250,000 Chicago Title
Cerda Elizabeth -- Accommodation
Cerda Rodolfo -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Gilberto V $225,000
Previous Owner Cerda Rodolfo $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2015 05/30/15 Sold $450,000 +2.5% $208 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $439,000 -- $203 / 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 $7,691 $540,824 $300,457 $240,367
2024 $7,691 $530,220 $294,566 $235,654
2023 $7,429 $519,825 $288,791 $231,034
2022 $6,936 $509,633 $283,129 $226,504
2021 $7,064 $499,641 $277,578 $222,063
2020 $6,927 $494,519 $274,732 $219,787
2019 $6,871 $484,824 $269,346 $215,478
2018 $6,586 $475,318 $264,065 $211,253
2016 $6,249 $456,862 $253,812 $203,050
2015 $4,715 $340,000 $170,000 $170,000
2014 $5,449 $407,166 $214,298 $192,868
Source: Public Records

Agents Affiliated with this Home

  • Gina De La Rosa

    Seller's Agent in 2015

    Gina De La Rosa

    VIP RE Firm

    (310) 400-2345

    6 Total Sales

    Gina De La Rosa
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15082243

California Regional Multiple Listing Service (CRMLS)

APN: 6180-011-006

California Los Angeles County Compton 90221 East Compton

15416 S Butler Ave, Compton, CA

Not Listed for Sale

MultiFamily

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