NOT LISTED FOR SALE

1800 E Alondra Blvd Compton, CA 90221

Estimated Value: $1,144,887

4 Beds
2 Baths
3,091 Sq Ft
$370/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $665,000 $215 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,220/month

52 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Level Lot

About This Home

As of November 2017

Excellent investment opportunity with close to 8% cap rate. A mixed-use corner location of commercial building and a residential duplex in the rear all fully occupied.
The building offers 3 retail stores with high visibility, renovated with newer roof, plumbing, electrical and security bars installed. 9 parking spaces in the rear on a newly asphalt and gated parking area.
The duplex in the rear offering an upstairs and downstairs unit of 2 bedrooms 1 bath each. Designated one parking space per unit gated with ally access designated to each unit.
Please do not disturb occupants. All tenants to remain in position, units will be available for viewing and inspections upon an accepted offer.

Last Agent to Sell the Property

Orna Ered

Elite Residential Realty License #01270903 Listed on: 07/25/2017

Last Buyer's Agent

Ricky Jeffords

Ricky Jeffords License #01797359

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,722

Year Built

  • Built in 1958

Lot Details

  • 5,622 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Shingle Roof

Interior Spaces

  • 3,091 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Gated Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Natural Gas Connected
  • Cable TV Not Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 015
  • Tax Tract Number 5422
  • Assessor Parcel Number 7302002015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,391
  • Water Sewer Expense $2,594
  • New Taxes Expense $2
  • Operating Expense $14,369
  • Gross Income $67,200
  • Net Operating Income $52,831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,722

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 7.55
  • Property Attached: No
  • Water Sewer Expenses: 2594.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7302002015
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 215.14

Exterior Features

  • Pool Private: No
  • Roof: Flat, Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated

Utilities

  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5622.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 450 Square Feet
  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1391.00
  • Net Operating Income: 52831.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 14369.00
  • Rent Control: No
  • Total Actual Rent: 67200.00
  • Total Expenses: 14369.00

Tax Info

  • New Taxes Expense: 1.53
  • Tax Lot: 015
  • Tax Tract Number: 5422.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Oct 3, 2017
Sold by
Avital Tomer and Adt Trust
Bought by
Abdou Mina H and The 2001 Mina & Samira Abdou F
Seller's Agent
Orna Ered
Elite Residential Realty
Buyer's Agent
Ricky Jeffords
Ricky Jeffords
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Total Days on Market
52
Current Estimated Value
$1,144,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,887
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Avital Tomer and Investment Group
Bought by
Avital Tomer and The Adt Trust

Purchase Details

Listed on
Jan 1, 2013
Closed on
Nov 22, 2013
Sold by
Bholat Imran
Bought by
Avital Tomer and Dta Investment Group
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Jennifer Avellan
Keller Williams SELA
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$243,750
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bholat Kiran
Bought by
Bholat Imran

Purchase Details

Closed on
Apr 22, 2004
Sold by
Terrazas Arturo
Bought by
Henao Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2000
Sold by
Hernandez Efrain
Bought by
Terrazas Arturo

Purchase Details

Closed on
Aug 29, 2000
Sold by
Ruiz Albino and Ruiz Marie R
Bought by
Ruiz Albino and Ruiz Marie R

Purchase Details

Closed on
Jun 28, 2000
Sold by
Terrazas Arturo
Bought by
Hernandez Efrain

Purchase Details

Closed on
Mar 27, 1998
Sold by
Hammitt Carol K
Bought by
Hammitt Andrew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 1998
Sold by
Hammitt Andrew G
Bought by
Terrazas Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1998
Sold by
Reyes Jose and Hammitt Andrew G
Bought by
Hammitt Andrew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 1996
Sold by
Gustafson James N
Bought by
Reyes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
8.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 1995
Sold by
Security Pacific Financial Services Inc
Bought by
Gustafson James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1994
Sold by
Statewide Lenders Services Inc
Bought by
Security Pacific Financial Services Inc
Source: Public Records

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Range of Values:

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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
Abdou Mina H $685,000 Stewart Title Company
Avital Tomer -- None Available
Avital Tomer $325,000 Old Republic Title Company
Bholat Imran -- Stewart Title Riverside
Bholat Imran $195,000 Stewart Title Riverside
Henao Luz $260,000 --
Terrazas Arturo -- --
Ruiz Albino -- --
Hernandez Efrain -- --
Hammitt Andrew G -- Orange Coast Title
Terrazas Arturo $105,000 Orange Coast Title
Hammitt Andrew G $25,000 Fidelity National Title Ins
Reyes Jose -- Continental Lawyers Title Co
Gustafson James N $60,000 Continental Lawyers Title Co
Security Pacific Financial Services Inc $94,528 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avital Tomer $50,000
Previous Owner Avital Tomer $243,750
Previous Owner Henao Luz $250,000
Previous Owner Henao Luz $68,800
Previous Owner Terrazas Arturo $30,000
Previous Owner Terrazas Arturo $19,000
Previous Owner Terrazas Arturo $73,500
Previous Owner Reyes Jose $31,500
Previous Owner Gustafson James N $61,500
Closed Terrazas Arturo $26,500
Closed Henao Luz $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $665,000 -4.9% $215 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $699,000 +115.1% $226 / Sq Ft
12/20/2013 12/20/13 Sold $325,000 -13.3% $105 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $375,000 -- $121 / 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
2024 $13,722 $742,845 $445,707 $297,138
2023 $13,551 $727,273 $448,394 $278,879
2022 $12,798 $713,013 $439,602 $273,411
2021 $12,915 $699,033 $430,983 $268,050
2020 $12,694 $691,866 $426,564 $265,302
2019 $12,549 $678,300 $418,200 $260,100
2018 $12,548 $685,000 $425,000 $260,000
2016 $6,784 $336,547 $207,106 $129,441
2015 $6,510 $331,493 $203,996 $127,497
2014 $6,395 $325,000 $200,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17170518

California Regional Multiple Listing Service (CRMLS)

APN: 7302-002-015