NOT LISTED FOR SALE

1946 E El Segundo Blvd Compton, CA 90222

Willowbrook Neighborhood

Estimated Value: $680,000 - $987,197

5 Beds
2 Baths
2,216 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $315,000 $142 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,819/month

141 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Compton Early College Rated 9+

About This Home

As of June 2014

Duplex on approximately 9,235 SF Lot. Property is zoned R3. Upside potential with development. No rent control. DO NOT DISTURB TENANTS. Located in Willowbrook area. Needs to close concurrently with 1950-1952 E. El Segundo Blvd.

Last Agent to Sell the Property

Pat Sharples

Keller Williams Realty License #01245463 Listed on: 01/24/2014

Keller Williams Realty

Last Buyer's Agent

Rafael Renderos

Rafael Renderos, Broker License #01412329

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,875

Year Built

  • Built in 1948

Lot Details

  • 9,235 Sq Ft Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Interior Spaces

  • 2,216 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 170
  • Assessor Parcel Number 6152005024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,063
  • Gross Income $1,900
  • Net Operating Income $16,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,875

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Price Per Unit: 162500
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6152005024
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 142.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 9235.00
  • Lot Size Acres: 0.2120

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Lot Size Area: 9235.0000 Square Feet
  • Net Operating Income: 16245.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5700.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4063.00
  • Tax Lot: 170
  • Tax Tract Number: UN
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2014
Closed on
May 7, 2014
Sold by
Ulhaq Mohammed Mumtaz and Ulhaq Samina
Bought by
Martinez Ruben Pena and Reyes Reina
Seller's Agent
Pat Sharples
Keller Williams Realty
Buyer's Agent
Rafael Renderos
Rafael Renderos, Broker
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$819,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,799
Avg. Annual Appreciation
8.80%
Original Mortgage
$304,486
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2001
Sold by
Scaife Luther and Scaife Margie Ann
Bought by
Ulhaq Mohammed Mumtaz and Ulhaq Samina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.51%
Source: Public Records

Range of Values:

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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
Martinez Ruben Pena $315,000 Title 365
Ulhaq Mohammed Mumtaz $260,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ruben Pena $343,000
Closed Martinez Ruben Pena $304,486
Previous Owner Ulhaq Mohammed $170,200
Previous Owner Ulhaq Mohammed Mumtaz $235,800
Previous Owner Ulhaq Mohammed Mumtaz $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $315,000 -3.1% $142 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $325,000 -- $147 / 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 $5,875 $386,133 $245,166 $140,967
2024 $5,875 $378,562 $240,359 $138,203
2023 $5,637 $371,141 $235,647 $135,494
2022 $5,278 $363,865 $231,027 $132,838
2021 $5,362 $356,732 $226,498 $130,234
2020 $5,262 $353,075 $224,176 $128,899
2019 $5,219 $346,153 $219,781 $126,372
2018 $4,993 $339,367 $215,472 $123,895
2016 $4,733 $326,191 $207,106 $119,085
2015 $4,498 $321,293 $203,996 $117,297
2014 $2,958 $180,755 $156,659 $24,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14016868

California Regional Multiple Listing Service (CRMLS)

APN: 6152-005-024