1701 N Willowbrook Ave Compton, CA 90222
Estimated Value: $774,083
2
Beds
1
Bath
3,425
Sq Ft
$226/Sq Ft
Est. Value
About This Home
As of October 2015A Market and a 2 bed 1 bath house mixed use for sale. 20% Down SBA is possible for owner users. Big upside potential on rents. The market has beer and wine license and it is not the part of this sale but it can be negotiated seperately with the tenant. The market and the house are tenant occupied and both are on month to month lease.
The market is about 2500 Sq ft, $2250/ mo rent.
The house is about 900 Sq ft, $600/ mo rent.
All Utilities are paid by the tenants.
The seller pays for $1000/ yr in insurance and $2047/ yr property taxes.
There is a bus stop in front of the market.
Last Agent to Sell the Property
Won Suk Kim Real Estate, Inc. License #01873341 Listed on: 07/17/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,049
Year Built
- Built in 1946
Lot Details
- 7,499 Sq Ft Lot
- No Common Walls
- Back Yard
Home Design
- 3,425 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 1 Parking Space
- Carport
- Parking Available
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, janitorial service, trash collection, water
- Tax Lot 18
- Assessor Parcel Number 6153026019
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- New Taxes Expense $2,047
- Gross Income $31,153
- Net Operating Income $31,153
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2015
Sold by
Lee Susan
Bought by
Drinkbrandyforcold Llc
Total Days on Market
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 19, 2006
Sold by
Lee Song Woo
Bought by
Lee Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 19, 2005
Sold by
Kim Maggi and The Kim Family Trust
Bought by
Lee Song Woo and Lee Susan
Purchase Details
Closed on
Apr 16, 2004
Sold by
Kim Maggi
Bought by
Lee Song Woo and Lee Susan
Similar Homes in the area
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 |
|---|---|---|---|
| Drinkbrandyforcold Llc | $390,000 | Pacific Coast Title Company | |
| Lee Susan | -- | None Available | |
| Lee Song Woo | -- | None Available | |
| Lee Song Woo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Drinkbrandyforcold Llc | $0 | |
| Previous Owner | Drinkbrandyforcold Llc | $254,000 | |
| Previous Owner | Lee Susan | $310,000 | |
| Previous Owner | Lee Susan | $375,000 | |
| Previous Owner | Kim Maggi | $270,000 | |
| Previous Owner | Kim Maggi | $80,000 | |
| Previous Owner | Kim Maggie | $60,000 | |
| Previous Owner | Kim Family Trust | $65,000 | |
| Previous Owner | Kim Maggi | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2015 10/05/15 | Sold | $400,000 | +0.3% | $117 / Sq Ft |
| 10/02/2015 10/02/15 | Pending | -- | -- | -- |
| 07/17/2015 07/17/15 | For Sale | $399,000 | -- | $116 / 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 |
|---|---|---|---|---|
| 2024 | $9,049 | $452,623 | $261,129 | $191,494 |
| 2023 | $8,779 | $443,749 | $256,009 | $187,740 |
| 2022 | $7,984 | $435,049 | $250,990 | $184,059 |
| 2021 | $8,305 | $426,519 | $246,069 | $180,450 |
| 2020 | $8,946 | $422,146 | $243,546 | $178,600 |
| 2019 | $7,814 | $413,870 | $238,771 | $175,099 |
| 2018 | $7,536 | $405,756 | $234,090 | $171,666 |
| 2016 | $7,148 | $390,000 | $225,000 | $165,000 |
| 2015 | $2,071 | $76,630 | $33,045 | $43,585 |
| 2014 | $2,047 | $75,130 | $32,398 | $42,732 |
Source: Public Records
Agents Affiliated with this Home
-
Wonnie Kim
Seller's Agent in 2015
Wonnie Kim
Won Suk Kim Real Estate, Inc.
(213) 257-1999
1 in this area
146 Total Sales
-
Angie Lee
A
Buyer's Agent in 2015
Angie Lee
America Realty Los Angeles
(213) 674-0791
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW15156524
APN: 6153-026-019
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