NOT LISTED FOR SALE

1702 N Wilmington Ave Compton, CA 90222

Compton Area

Estimated Value: $1,472,814

12 Beds
6 Baths
5,489 Sq Ft
$268/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2018

Last sale price $1,111,000 $202 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,978 / mo

87 Days on Market

About This Home

As of August 2018

COURT ORDERED RECEIVERSHIP SALE! 4 SEPARATE RESIDENTIAL HOUSES ON 1 LOT EXCEEDING 35,000 SQ. FT. ACCESS TO PROPERTY FROM WILMINGTON AND ANZAC. ALL 4 PROPERTIES ARE OCCUPIED. TENANT'S PAY FOR ALL UTILITIES. LOT'S OF POTENTIAL FOR UPSIDE AND/OR DEVELOPMENT. BUYER TO VERIFY ALL RENT CONTROL LAWS AND/OR DEVELOPMENT OPPORTUNITIES WITH THE CITY OF COMPTON. PROPERTY SOLD AS-IS. ONLY 2 LEASE COPIES AVAILABLE TO SUCCESSFUL PURCHASER. PROJECTED RENTS ARE PER THE LAST APPRAISAL ON FILE. SELLER & LISTING BROKER MAKE NO GUARANTEE'S OF PROJECTED RENT AND BUYER SHALL DEPEND AND COMPLETE ON HIS/HER OWN DUE DILIGENCE. PLEASE, EMAIL/DOWNLOAD COPY OF COURT ORDER, AS-IS DISCLOSURE, AND ADDITIONAL TERMS DISCLOSURE. DO NOT DISTURB OCCUPANTS! SHOWINGS BY APPOINTMENT ONLY. (PROPERTY ADDRESSES: 1702, 1706, 1706 1/2 N. WILMINGTON AVE., AND 1707 N. ANZAC AVE.) -- RECEIVER HAS REQUESTED ALL OFFERS BE SUBMITTED BY 3/23/18 AT 5 PM!

Last Agent to Sell the Property

Fred Nabati

Trimax Realty, Inc. License #01276914 Listed on: 03/05/2018

Last Buyer's Agent

Michael Davoodpour

Trimax Realty, Inc. License #01460921

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.81

Home Design

  • 5,489 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 9 Open Parking Spaces
  • 2 Car Garage
  • Driveway
  • Unassigned Parking

Additional Features

  • In Ground Pool
  • 35,478 Sq Ft Lot

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6155-014-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.81 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5489
  • Year Built: 1934
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 169.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: Yes

Garage/Parking

  • Other Spaces: 9
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Unassigned
  • Total Parking: 9

Fee Information

  • Maintenance Expense: 6455.00

Lot Info

  • Assessed Improvement Value: 140692
  • Assessed Land Value: 151515
  • Assessor Parcel Number: 6155-014-015
  • Geocode Override: No
  • Lot Size Area: 35478

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.48
  • Number Of Units: 4
  • Type Of Units: 4 units

Tax Info

  • Tax Expense: 11613.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Aug 14, 2018
Sold by
Bought by
Seller's Agent
Fred Nabati
Trimax Realty, Inc.
Buyer's Agent
Michael Davoodpour
Trimax Realty, Inc.
List Price
$929,000
Sold Price
$1,111,000
Premium/Discount to List
$182,000
19.59%
Current Estimated Value
$1,472,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,814
Avg. Annual Appreciation
3.61%
Original Mortgage
$555,000
Outstanding Balance
$472,817
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$999,997

Purchase Details

Closed on
Jan 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,111,000 Orange Coast Title Company
$270,000 None Available
$360,000 Orange Coast Title
-- --
-- --
$370,000 Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $555,000
Previous Owner $705,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $1,111,000 0.0% $202 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/14/2018 05/14/18 Off Market $1,111,000 -- --
05/14/2018 05/14/18 For Sale $929,000 -16.4% $169 / Sq Ft
04/26/2018 04/26/18 Off Market $1,111,000 -- --
04/26/2018 04/26/18 For Sale $929,000 -16.4% $169 / Sq Ft
04/16/2018 04/16/18 Off Market $1,111,000 -- --
03/05/2018 03/05/18 For Sale $929,000 -- $169 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,415 $1,239,336 $557,756 $681,580
2024 $22,423 $1,215,036 $546,820 $668,216
2023 $22,167 $1,191,213 $536,099 $655,114
2022 $21,236 $1,167,857 $525,588 $642,269
2021 $20,801 $1,144,959 $515,283 $629,676
2019 $20,518 $1,111,000 $500,000 $611,000
2018 $7,049 $298,050 $154,545 $143,505
2016 $6,658 $286,479 $148,545 $137,934
2015 $6,421 $282,177 $146,314 $135,863
2014 $6,356 $276,650 $143,448 $133,202
Source: Public Records

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Map

Source: The MLS

MLS Number: 18-320338

The MLS

APN: 6155-014-015

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