NOT LISTED FOR SALE

1704 E San Vincente St Compton, CA 90221

Estimated Value: $678,000 - $834,000

4 Beds
2 Baths
1,701 Sq Ft
$438/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $325,000 $191 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,562/month

7 Days on Market

About This Home

As of April 2013

***STANDARD SALE***Beautiful 2 unit income property on a quiet street. 2 bedrooms, 1 bath each unit. New paint, new carpet in the bedrooms. Double-paned vinyl windows. Plenty of beautiful colorful tile throughout both units. Granite counters and plenty of cabinet space in the kitchens. Nice long driveway that leads to a real usable garage. New sod lawns with a new sprinkler system on a timer.

Last Agent to Sell the Property

Todd Lewis

Yukon Realty License #01472031 Listed on: 02/07/2013

Last Buyer's Agent

Poly Rico

Le' Express Realty License #01019348

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,653 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer

Parking

  • 2 Car Garage

Home Design

  • 1,701 Sq Ft Home
  • Contemporary Architecture
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 6183008007

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $400
  • New Taxes Expense $4,400
  • Gross Income $2,800
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6183008007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 191.06

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 5653.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5653.0000 Square Feet
  • Net Operating Income: 27000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4400.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2013
Closed on
Feb 15, 2013
Sold by
Elre Holdings Llc
Bought by
Banuelos Guillermo
Seller's Agent
Todd Lewis
Yukon Realty
Buyer's Agent
Poly Rico
Le' Express Realty
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$744,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,842
Avg. Annual Appreciation
6.74%
Original Mortgage
$319,113
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Elre Holdings Llc
Seller's Agent
Carlos Cornejo
REO PRO REALTY
Buyer's Agent
Carlos Cornejo
REO PRO REALTY
List Price
$254,900
Sold Price
$243,500
Premium/Discount to List
-$11,400
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2012
Sold by
Mendez Juan and Mendez Filomena
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 22, 2007
Sold by
Mendez Filomena
Bought by
Mendez Juan and Mendez Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2006
Sold by
Mendez Juan
Bought by
Mendez Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Mendez Filomena
Bought by
Mendez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2005
Sold by
Mendez Juan and Ochoa Alfredo
Bought by
Mendez Juan and Mendez Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,698
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
Mendez Juan and Mendez Filomena
Bought by
Mendez Juan and Ochoa Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,456
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2001
Sold by
Ochoa Julia
Bought by
Ochoa Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,925
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2001
Sold by
Shelter First Inc
Bought by
Mendez Juan and Ochoa Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,925
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2000
Sold by
Hud
Bought by
Shelter First Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
8.22%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Fajardo Rafael B and Becerra Maria C
Bought by
Gomez Martin Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
8.22%

Purchase Details

Closed on
Feb 10, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,306
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1999
Sold by
Perez Luis C and Valdez Gabriel
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 19, 1999
Sold by
Perez Luis C and Valdez Gabriel
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Dec 6, 1996
Sold by
Perez Carmen Tamayo
Bought by
Perez Luis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,551
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Perez Luis C and Valdez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,551
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1996
Sold by
Solorzano Alberto and Solorzano Norma J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 5, 1995
Sold by
Solorzano Alberto and Solorzano Norma J
Bought by
New Haven Corp

Purchase Details

Closed on
Dec 17, 1993
Sold by
Cruz Napoleon and Contreras Crescencio
Bought by
Solorzano Alberto and Solorzano Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
4.62%
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
Banuelos Guillermo $325,000 Ticor Title Company
Banuelos Guillermo -- Ticor Title Co
Elre Holdings Llc $243,500 Servicelink
Federal National Mortgage Association $493,277 Landsafe Title
Mendez Juan -- Investors Title Company Gln
Mendez Filomena -- Landsafe Title
Mendez Juan -- First American Title Company
Mendez Juan -- Chicago Title Co
Mendez Juan -- Chicago Title
Ochoa Alfredo -- First American Title Co
Mendez Juan $199,000 First American Title Co
Shelter First Inc $153,000 --
Gomez Martin Diaz $130,000 Stewart Title
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $139,873 Fidelity National Title Ins
Chase Manhattan Mtg Corp $132,938 Fidelity National Title Ins
Perez Luis C -- Provident Title Company
Perez Luis C $118,000 Provident Title Company
Federal Home Loan Mortgage Corporation $130,500 United Title Company
New Haven Corp -- --
Solorzano Alberto -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banuelos Guillermo $319,113
Previous Owner Mendez Juan $448,000
Previous Owner Mendez Filomena $440,000
Previous Owner Mendez Juan $320,000
Previous Owner Mendez Juan $203,698
Previous Owner Mendez Juan $203,456
Previous Owner Mendez Juan $195,925
Previous Owner Shelter First Inc $122,500
Previous Owner Gomez Martin Diaz $128,306
Previous Owner Perez Luis C $116,551
Previous Owner Solorzano Alberto $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2013 04/09/13 Sold $325,000 -6.9% $191 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $349,000 +43.3% $205 / Sq Ft
12/27/2012 12/27/12 Sold $243,500 -4.5% $143 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $254,900 -- $150 / 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 $7,779 $400,204 $153,922 $246,282
2024 $7,779 $392,357 $150,904 $241,453
2023 $7,666 $384,665 $147,946 $236,719
2022 $6,605 $377,124 $145,046 $232,078
2021 $6,668 $369,730 $142,202 $227,528
2020 $6,551 $365,939 $140,744 $225,195
2019 $6,477 $358,765 $137,985 $220,780
2018 $6,257 $351,731 $135,280 $216,451
2016 $5,949 $338,075 $130,028 $208,047
2015 $5,684 $332,997 $128,075 $204,922
2014 $5,580 $326,475 $125,567 $200,908
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Todd Lewis

    Yukon Realty

    Section Image

  • P

    Buyer's Agent in 2013

    Poly Rico

    Le' Express Realty

  • Carlos Cornejo

    Seller's Agent in 2012

    Carlos Cornejo

    REO PRO REALTY

    (323) 864-3256

    2 in this area

    28 Total Sales

    Carlos Cornejo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13018115

California Regional Multiple Listing Service (CRMLS)

APN: 6183-008-007

California Los Angeles County Compton 90221

1704 E San Vincente St, Compton, CA

Not Listed for Sale

MultiFamily

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