NOT LISTED FOR SALE

201 S Willow Ave Compton, CA 90221

Compton Area
3 Beds
5 Baths
8,048 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: October 17, 2014

Last sale price $1,100,000 $137 Per Sq Ft

130 Days on Market

Highlights

  • 0.36 Acre Lot
  • Tile Flooring
  • 2-minute walk to Wilson Park
  • No HOA
  • Laundry Facilities

About This Home

As of October 2014

This home is located at 201 S Willow Ave, Compton, CA 90221 since 05 June 2014. This property was built in 1957. 201 S Willow Ave is a home located in Los Angeles County with nearby schools including Emerson Elementary School, Roosevelt Middle School, and Dominguez High School.

Last Agent to Sell the Property

Richard Dowling

Community Brokers License #00708420 Listed on: 06/05/2014

Community Brokers

Last Buyer's Agent

Mike Iryami

BRC Advisors- BH License #01825516

BRC Advisors- BH
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 15,770 Sq Ft Lot
  • Two or More Common Walls
  • No Sprinklers

Parking

  • 10 Car Garage

Home Design

  • 8,048 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Laundry

  • Leased Washer and Dryer

Listing and Financial Details

  • Tax Lot 1-2
  • Assessor Parcel Number 6179002023

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $3,400
  • Insurance Expense $3,000
  • Maintenance Expense $20,000
  • Professional Management Expense $9,000
  • Trash Expense $2,000
  • Water Sewer Expense $5,000
  • New Taxes Expense $22,000
  • Gross Income $12,675
  • Net Operating Income $81,937

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.36 Acres

Parking

10

Listing Details

  • Ad Number: 5626963300
  • Professional Management Expense: 9000.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5000.00
  • Property Type: Residential Income
  • Parcel Number: 6179002023
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 136.68

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 15770.00
  • Lot Size Acres: 0.3620

Multi Family

  • Electric Expense: 3400.00
  • Gross Income: 12675.00
  • Gross Scheduled Income: 152100.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 15770.0000 Square Feet
  • Maintenance Expense: 20000.00
  • Net Operating Income: 81937.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 65600.00
  • Rent Control: No
  • Total Actual Rent: 12675.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22000.00
  • Taxes Percent: 1.10
  • Tax Lot: 1-2
  • Tax Tract Number: Gully
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Oct 15, 2014
Sold by
Bought by
Seller's Agent
Richard Dowling
Community Brokers
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.17%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Chicago Title Company
-- None Available
-- Chicago
$940,000 Chicago
-- --
$550,000 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,700,000
Closed $1,000,000
Closed $700,000
Previous Owner $700,000
Previous Owner $720,000
Previous Owner $325,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $1,100,000 -8.3% $137 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $1,200,000 -- $149 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,990 $1,322,027 $360,551 $961,476
2024 $24,859 $1,296,106 $353,482 $942,624
2023 $24,577 $1,270,693 $346,551 $924,142
2022 $23,243 $1,245,778 $339,756 $906,022
2021 $23,412 $1,221,352 $333,095 $888,257
2019 $22,748 $1,185,128 $323,216 $861,912
2018 $22,064 $1,161,891 $316,879 $845,012
2016 $20,899 $1,116,775 $304,575 $812,200
2015 $19,994 $1,100,000 $300,000 $800,000
2014 $22,503 $1,260,593 $525,247 $735,346
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14117187

California Regional Multiple Listing Service (CRMLS)
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