NOT LISTED FOR SALE

201 W Indigo St Compton, CA 90220

Estimated Value: $776,000 - $978,000

4 Beds
4 Baths
2,482 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $750,000 $302 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,809/month

208 Days on Market

Highlights

  • Laundry Room
  • 4 Car Garage
  • Back Yard

About This Home

As of October 2022

Only once in a great while does a no-brainer investment like this come along. This 4-unit building in the heart of Compton is a gem. It's in great shape, well-maintained, has good tenants if you want to continue with them, it's easy to rent, low maintenance, and it's available now! This handsome, Spanish revival style structure has a generous-sized lot with a play / entertaining area, every unit gets its own 2-car garage (separate detached structure in back), and the present rents are absolutely below that of today's rental market. Let's get this one sold!

Last Agent to Sell the Property

JACOB SWODECK

Anomaly Real Estate License #01362499 Listed on: 05/27/2021

Last Buyer's Agent

Rose Levi

Gemini 2 Realty Inc License #01295710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,400

Year Built

  • Built in 1930

Lot Details

  • 5,595 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,482 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 542
  • Assessor Parcel Number 6160010024

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Other Expense $1,800
  • Trash Expense $3,360
  • Water Sewer Expense $2,400
  • Operating Expense $9,060
  • Gross Income $50,400
  • Net Operating Income $39,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,400

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: CORH*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6160010024
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 302.18

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 3360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 5595.00
  • Lot Size Acres: 0.1284

Multi Family

  • Average1 Bed Area: 620 Square Feet
  • Gross Income: 50400.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3600.00
  • Lot Size Area: 5595.0000 Square Feet
  • Net Operating Income: 39480.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7320.00
  • Other Expense: 1800.00
  • Other Expense Description: gas/pest
  • Rent Control: No
  • Total Expenses: 9060.00

Tax Info

  • Tax Census Tract: 5425.02
  • Tax Lot: 11
  • Tax Tract Number: 542...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Nov 6, 2022
Sold by
Purifay Jordan
Bought by
Purifay Jordan and Purifay Breana Devaughan
Seller's Agent
JACOB SWODECK
Anomaly Real Estate
Buyer's Agent
Rose Levi
Gemini 2 Realty Inc
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%
Views
57
Current Estimated Value
$884,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,982
Avg. Annual Appreciation
5.71%
Original Mortgage
$736,415
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 11, 2022
Sold by
Venus Mason Trust
Bought by
Purifay Jordan
Seller's Agent
JACOB SWODECK
Anomaly Real Estate
Buyer's Agent
Rose Levi
Gemini 2 Realty Inc
List Price
$780,000
Sold Price
$750,000
Premium/Discount to List
-$30,000
-3.85%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,415
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Mason Venus
Bought by
Mason Venus and Venus Mason Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2010
Sold by
Mason Venus
Bought by
Mason Venus and The Venus Mason Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2005
Sold by
Mason Venus
Bought by
Mason Venus and Venus Mason Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2001
Sold by
Mason Venus
Bought by
Mason Venus and The Venus Mason Trust

Purchase Details

Closed on
Jan 22, 1999
Sold by
Hud
Bought by
Mason Venus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,457
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1998
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Feb 25, 1998
Sold by
Tovar Julio M and Valle Fernando
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Mar 19, 1996
Sold by
Sanchez Palemon
Bought by
Tovar Julio M and Valle Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,868
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1995
Sold by
Garcia Lazaro and Garcia Catalina
Bought by
Sanchez Palemon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.47%
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
Purifay Jordan -- Accommodation/Courtesy Recordi
Purifay Jordan $750,000 Fidelity National Title
Mason Venus -- Accommodation
Mason Venus -- Pacific Coast Title Company
Mason Venus -- Pacific Coast Title Company
Mason Venus -- Pacific Coast Title Company
Mason Venus -- Pacific Coast Title Company
Mason Venus -- Alliance Title Company
Mason Venus -- --
Mason Venus -- --
Mason Venus $151,000 --
Hud -- Commonwealth Title
Chase Manhattan Mtg Corp $202,747 Commonwealth Title
Tovar Julio M $190,000 --
Sanchez Palemon $100,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purifay Jordan $736,415
Previous Owner Mason Venus $186,000
Previous Owner Mason Venus $185,500
Previous Owner Mason Venus $191,000
Previous Owner Mason Venus $81,457
Previous Owner Tovar Julio M $184,868
Previous Owner Sanchez Palemon $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $750,000 -0.7% $302 / Sq Ft
03/30/2022 03/30/22 Price Changed $755,000 0.0% $304 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $755,000 -3.2% $304 / Sq Ft
05/27/2021 05/27/21 For Sale $780,000 -- $314 / 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 $13,400 $780,300 $520,200 $260,100
2024 $13,400 $765,000 $510,000 $255,000
2023 $13,189 $750,000 $500,000 $250,000
2022 $4,409 $223,049 $155,105 $67,944
2021 $4,431 $218,676 $152,064 $66,612
2019 $4,308 $212,571 $147,554 $65,017
2018 $4,285 $208,411 $144,661 $63,750
2016 $4,065 $199,955 $139,045 $60,910
2015 $3,900 $196,953 $136,957 $59,996
2014 $3,851 $193,096 $134,275 $58,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21110806

California Regional Multiple Listing Service (CRMLS)

APN: 6160-010-024