$475,000
SOLD MAY 6, 2016

2042 E El Segundo Blvd Compton, CA 90222

Willowbrook Neighborhood
0.42 Acre
$1,120,283 Price per Acre
18,469 Sq Ft Lot

Recently Sold

$688 Per Sq Ft

21% Below List Price

277 Days on Market

About This Lot

As of June 2016

This is a Land Sale. Perfect Size for a strong experienced Developer looking to build on a 19,000 sqft R-3 Lot. Located on a Major Boulevard that already has many multi unit residential apartment complexes. Take advantage of the strong rental market and low vacancy rates. The house structure on the land is uninhabitable. Seller will not remove or demolish.

Last Agent to Sell the Property

Mfanisi Norman

Keller Williams Pacific Estate License #01452988

Keller Williams Pacific Estate

Last Buyer's Agent

Oscar Martinez

Colonial Services Group, Inc. License #01172210

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,910

Year Built

  • 1924

Lot Details

  • 0.42 Acre Lot
  • Density is 11-15 Units/Acre
  • Property is zoned R-3

Location

  • Urban Location

Utilities

  • Electricity Not Available
  • Phone Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6152005019

Property Details

Property Type

Land

Est. Annual Taxes

$6,910

Year Built

1924

Lot Details

0

Listing Details

  • View: No
  • Zoning: R-3
  • Property Type: Land
  • Parcel Number: 6152005019
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1924

Interior Features

  • Price Per Square Foot: 25.71

Utilities

  • Utilities: Electricity Not Available, Sewer Available, Phone Not Available, Water Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 18474.00
  • Price Per Lot Square Foot: 25.71
  • Lot Size Acres: 0.4240

Multi Family

  • Lot Size Area: 18474.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
Hot Choclate Inc 401K Profit Sharing Pla
Bought by
2042 East El Segundo Llc
Total Days on Market
277
Current Estimated Value
$701,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2019
Sold by
Hot Chocolate Inc
Bought by
Hot Chocolate Inc

Purchase Details

Listed on
May 23, 2016
Closed on
Apr 26, 2016
Sold by
Norman Sherlee A
Bought by
Norman Robert W
Seller's Agent
Mfanisi Norman
Keller Williams Pacific Estate
Buyer's Agent
Oscar Martinez
Colonial Services Group, Inc.
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
May 23, 2016
Closed on
Apr 25, 2016
Sold by
Norman Robert W
Bought by
Hot Chocolate Inc Defined Benefit Pensio
Seller's Agent
Mfanisi Norman
Keller Williams Pacific Estate
Buyer's Agent
Oscar Martinez
Colonial Services Group, Inc.
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%

Purchase Details

Closed on
Apr 10, 2007
Sold by
Norman Robert W and Norman Sherlee A
Bought by
Norman Robert W

Map

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 Type Sale Price Title Company
Grant Deed $425,000 Lawyers Title Company
Grant Deed -- Accommodation
Grant Deed $425,000 First American Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,860,000 New Conventional
Closed $650,000 New Conventional
Closed $2,115,000 Commercial
Closed $200,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $425,000 -10.5% $616 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $475,000 0.0% $688 / Sq Ft
05/06/2016 05/06/16 Sold $475,000 -20.8% $688 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
07/24/2015 07/24/15 For Sale $600,000 -- $870 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,910 $455,685 $455,685 --
2023 $6,818 $446,750 $446,750 $0
2022 $6,377 $437,991 $437,991 $0
2021 $6,486 $429,403 $429,403 $0
2019 $6,944 $451,013 $451,013 $0
2018 $5,802 $442,170 $442,170 $0
2016 $1,156 $44,973 $32,427 $12,546
2015 $1,119 $44,298 $31,940 $12,358
2014 $1,120 $43,431 $31,315 $12,116
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15162410

California Regional Multiple Listing Service (CRMLS)

APN: 6152-005-019