NOT LISTED FOR SALE

1941 E El Segundo Blvd Compton, CA 90222

Willowbrook Neighborhood

Estimated Value: $828,000 - $1,041,126

6 Beds
4 Baths
2,282 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $557,500 $244 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,046/month

227 Days on Market

Highlights

  • Gated Parking
  • 18,496 Sq Ft lot
  • Rectangular Lot
  • Compton Early College Rated 10

About This Home

As of December 2016

1941 E El Segundo Blvd. presents a great opportunity to own four separate income producing units on over 18,000 square feet of land, suitable for development, in the Willowbrook section of unincorporated L.A. County. The new owner will hold a variety of options for the real estate including using it as a standard income producer, an owner/user, an extended family, for the addition of units, or even complete redevelopment (R3 Zone). The improvements consist of one-three bedroom, one-two bedroom, one-one bedroom, and one, single unit. All of the structures include one bathroom and bring excellent income already in place. The large lot is gated and
has plenty of parking.

Last Listed By

Derek Fowler

Re/Max Commercial & Investment License #01319692 Listed on: 09/29/2016

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,994

Year Built

  • Built in 1949

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 66x281
  • No Common Walls
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Home Design

  • 2,282 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking
  • Uncovered Parking

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 008
  • Tax Tract Number 4
  • Assessor Parcel Number 6152004008

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,141
  • Other Expense $400
  • Trash Expense $4,230
  • Water Sewer Expense $4,229
  • New Taxes Expense $6,900
  • Gross Income $4,065
  • Net Operating Income $28,821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,994

Year Built

Built in 1949

Lot Details

0

Listing Details

  • CapRate: 4.91
  • Price Per Unit: 143750
  • Property Attached: No
  • Water Sewer Expenses: 4229.00
  • Zoning: LCR3VV
  • Property Type: Residential Income
  • Parcel Number: 6152004008
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 244.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Gated
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Trash Expense: 4230.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size: 66x281
  • Lot Size Sq Ft: 18496.00
  • Price Per Lot Square Foot: 30.28

Multi Family

  • Average1 Bed Area: 500
  • Average2 Bed Area: 620
  • Average3 Bed Area: 800
  • Average Studio Area: 260
  • Electric Expense: 600.00
  • Gross Income: 4065.00
  • Gross Multiplier: 11.79
  • Gross Scheduled Income: 48780.00
  • Insurance Expense: 1141.00
  • Net Operating Income: 28821.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18100.00
  • Operating Expense Percent: 37.11
  • Other Expense: 400.00
  • Rent Control: No
  • Total Actual Rent: 4065.00
  • Vacancy Allowance: 2439
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6900.00
  • Tax Lot: 008
  • Tax Tract Number: 004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 5, 2016
Sold by
Chamonix Capital Partners Corp
Bought by
A & M Alondra Llc
Seller's Agent
Derek Fowler
Re/Max Commercial & Investment
Buyer's Agent
Ali Asgari
CENTURY 21 Affiliated
List Price
$560,000
Sold Price
$557,500
Premium/Discount to List
-$2,500
-0.45%
Total Days on Market
227
Current Estimated Value
$935,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,282
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Mar 18, 2008
Sold by
Huitron Gloria
Bought by
Chamonix Capital Partners

Purchase Details

Closed on
Jun 7, 2006
Sold by
Huitron Gloria and Moreno Joe
Bought by
Huitron Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 1995
Sold by
Huitron Gloria and Moreno Joe
Bought by
Huitron Gloria and Moreno Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.37%

Purchase Details

Closed on
Nov 29, 1995
Sold by
Huitron Gloria
Bought by
Huitron Gloria and Moreno Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.37%

Range of Values:

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Average Value
Not Available
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
A & M Alondra Llc $565,000 First American Title
Chamonix Capital Partners $400,000 None Available
Huitron Gloria -- First American Title Co
Huitron Gloria -- Chicago Title
Huitron Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huitron Gloria $26,000
Previous Owner Huitron Gloria $5,800
Previous Owner Huitron Gloria $133,000
Previous Owner Huitron Gloria $66,000
Previous Owner Huitron Gloria $177,000
Previous Owner Huitron Gloria $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $557,500 -3.0% $244 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $575,000 +2.7% $252 / Sq Ft
09/29/2016 09/29/16 For Sale $560,000 0.0% $245 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $560,000 0.0% $245 / Sq Ft
11/07/2012 11/07/12 Rented $1,050 -8.7% --
11/07/2012 11/07/12 Under Contract -- -- --
07/14/2012 07/14/12 For Rent $1,150 -- --
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 $9,994 $642,868 $415,305 $227,563
2023 $9,893 $630,263 $407,162 $223,101
2022 $9,289 $617,906 $399,179 $218,727
2021 $9,444 $605,791 $391,352 $214,439
2020 $9,277 $599,581 $387,340 $212,241
2019 $9,204 $587,826 $379,746 $208,080
2018 $8,939 $576,300 $372,300 $204,000
2016 $6,180 $354,377 $218,079 $136,298
2015 $6,245 $349,055 $214,804 $134,251
2014 $5,854 $376,000 $231,400 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16083788

California Regional Multiple Listing Service (CRMLS)

APN: 6152-004-008