NOT LISTED FOR SALE

15717 S Frailey Ave Compton, CA 90221

East Compton Neighborhood

Estimated Value: $501,000 - $590,033

2 Beds
1 Bath
1,006 Sq Ft
$540/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $485,000 $482 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,263/month

7 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Jack-and-Jill Bathroom
  • Neighborhood Views
  • Laundry Room
  • Family Room

About This Home

As of April 2024

Perfect investor/ flipper opportunity! Sold AS-IS, CASH ONLY buyers. Priced well below market value. Amazing opportunity in a great neighborhood. The house is overall in really good condition! The house has a non-conforming ADU- the garage has been converted into a 2 bedroom, one bathroom unit with it's own access and kitchen. There is also an additional unpermitted bathroom in the main house. The current configuration is a 3 bedroom, 2 bathroom main house and a 2 bedroom, 1 bathroom converted garage, each has it's own kitchen. There is gated parking in both the front and rear of the house with alleyway access to both. This house is located in unincorporated Los Angeles County, so city of Compton presale inspection does not apply. Written offers must be received by 5PM on April 15th to be considered. Offers must be ALL CASH and close of escrow must be on or before 5/15.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com Brokerage Phone: 888-400-2513 License #01523060 Listed on: 04/07/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 3,607 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned LCR1YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,006 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 26 / 2
  • Tax Tract Number 7003
  • Assessor Parcel Number 6181031018

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LCR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6181031018
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1006.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 482.11
  • Room Type: Family Room, Jack & Jill, Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3607.00
  • Lot Size Acres: 0.0828

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3607.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5421.06
  • Tax Lot: 26
  • Tax Tract Number: 7003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Mv Propiedad 180 Llc
Bought by
Montesinos Jose H
Current Estimated Value
$543,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Outstanding Balance
$492,475
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$50,783

Purchase Details

Listed on
Apr 7, 2024
Closed on
Apr 19, 2024
Sold by
Paperwork Investments Llc
Bought by
Mv Propiedad 180 Llc
Seller's Agent
Jonathan Minerick
Homecoin.com
List Price
$399,000
Sold Price
$485,000
Premium/Discount to List
$86,000
21.55%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$55,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 7, 2024
Closed on
Mar 15, 2024
Sold by
Esparza Juan Pablo
Bought by
Paperwork Investments Llc
Seller's Agent
Jonathan Minerick
Homecoin.com
List Price
$399,000
Sold Price
$485,000
Premium/Discount to List
$86,000
21.55%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2008
Sold by
Esparza Juan
Bought by
Esparza Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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
Montesinos Jose H -- Orange Coast Title Company
Montesinos Jose H -- Orange Coast Title Company
Montesinos Jose H -- Orange Coast Title Company
Mv Propiedad 180 Llc $485,000 Orange Coast Title Company
Paperwork Investments Llc $315,000 Orange Coast Title Company
Esparza Jesus -- American Coast
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montesinos Jose H $496,000
Closed Montesinos Jose H $496,000
Previous Owner Mv Propiedad 180 Llc $55,000
Previous Owner Mv Propiedad 180 Llc $412,000
Previous Owner Paperwork Investments Llc $365,000
Previous Owner Esparza Jesus $233,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $485,000 +21.6% $482 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $399,000 -- $397 / 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 $5,098 $494,700 $418,302 $76,398
2024 $5,098 $371,835 $273,408 $98,427
2023 $2,388 $140,837 $56,446 $84,391
2022 $2,251 $138,077 $55,340 $82,737
2021 $2,278 $135,370 $54,255 $81,115
2019 $2,221 $131,357 $52,647 $78,710
2018 $2,133 $128,782 $51,615 $77,167
2016 $2,026 $123,782 $49,611 $74,171
2015 $1,934 $121,923 $48,866 $73,057
2014 $1,908 $119,535 $47,909 $71,626
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2024

    Jonathan Minerick

    Homecoin.com

    (888) 400-2513

    1 in this area

    7,261 Total Sales

    Jonathan Minerick
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24068629

California Regional Multiple Listing Service (CRMLS)

APN: 6181-031-018

California Los Angeles County Compton 90221 East Compton

15717 S Frailey Ave, Compton, CA

Not Listed for Sale

Detached

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