NOT LISTED FOR SALE

1721 N Alhambra Ave Compton, CA 90221

Estimated Value: $805,000 - $952,000

5 Beds
4 Baths
2,594 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $760,000 $293 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,750/month

16 Days on Market

About This Home

As of June 2021

WOW!WOW!WOW! Rare opportunity to own 4 unit property; live in one and rent the others and pay minimal mortgage payments or invest and collect monthly cash flow. 3 Units are 1 bed/1 bath & 1 unit is spacious 2 bedroom/1 bath. All units have their own laundry hookups and garages. Property is on an oversized lot with 2 long driveways (one on each side) & front parking spaces. Property is conveniently located near park, freeway access, and shopping centers.

Last Agent to Sell the Property

tony yepez

ReMax College Park Realty License #01290066 Listed on: 04/29/2021

ReMax College Park Realty

Last Buyer's Agent

Jose Nunez

Mejorado Realty License #01729642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 9,523 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,594 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 9 / 10
  • Assessor Parcel Number 6167025036

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $55,500
  • Net Operating Income $55,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

9,523 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: CORH*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6167025036
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 292.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9523.00
  • Lot Size Acres: 0.2186

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 55500.00
  • Gross Scheduled Income: 55500.00
  • Lot Size Area: 9523.0000 Square Feet
  • Net Operating Income: 55500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4625.00

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 5416.04
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2015
Closed on
Feb 9, 2015
Sold by
Pinedo Guadalupe
Bought by
Torres Lucia and Vargas Oscar
Seller's Agent
Miguel Vazquez
Home Central Realty
Buyer's Agent
Miguel Vazquez
Home Central Realty
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$885,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,857
Avg. Annual Appreciation
6.83%
Original Mortgage
$348,000
Outstanding Balance
$264,271
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$635,089

Purchase Details

Closed on
Aug 9, 2012
Sold by
Pinedo Frank P
Bought by
Pinedo Guadalupe and Cholico Alfredo

Purchase Details

Closed on
Mar 9, 2009
Sold by
Cholico Martha Almanza
Bought by
Cholico Alfredo

Purchase Details

Closed on
Nov 4, 2003
Sold by
Pinedo Frank P
Bought by
Pinedo Frank P and Pinedo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Pinedo Guadalupe B
Bought by
Pinedo Frank P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
7.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Torres Lucia $435,000 Western Resources Title Co
Pineda Guadalupe -- None Available
Pinedo Guadalupe -- None Available
Pinedo Guadalupe -- None Available
Cholico Alfredo -- None Available
Pinedo Frank P -- None Available
Pinedo Frank P -- Investors Title Company
Pinedo Frank P -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Lucia $348,000
Previous Owner Pinedo Frank P $235,000
Previous Owner Pinedo Frank P $199,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $760,000 +1.3% $293 / Sq Ft
04/29/2021 04/29/21 For Sale $749,900 +72.4% $289 / Sq Ft
03/16/2015 03/16/15 Sold $435,000 0.0% $168 / Sq Ft View Prior Sale
02/09/2015 02/09/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $435,000 -- $168 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,294 $822,648 $541,216 $281,432
2024 $14,228 $806,518 $530,604 $275,914
2023 $14,063 $790,704 $520,200 $270,504
2022 $13,247 $775,200 $510,000 $265,200
2021 $8,908 $482,986 $222,063 $260,923
2020 $8,755 $478,035 $219,787 $258,248
2019 $8,653 $468,663 $215,478 $253,185
2018 $8,348 $459,474 $211,253 $248,221
2016 $7,932 $441,633 $203,050 $238,583
2015 $4,990 $267,782 $136,106 $131,676
2014 $4,919 $262,537 $133,440 $129,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21082217

California Regional Multiple Listing Service (CRMLS)

APN: 6167-025-036

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