NOT LISTED FOR SALE

207 S Locust Ave Compton, CA 90221

Estimated Value: $736,000 - $828,614

6 Beds
4 Baths
1,952 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $410,000 $210 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,802/month

34 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Flooring
  • Front Yard
  • No HOA
  • No Heating

About This Home

As of October 2016

GREAT Property!**buyers Delight** Property needs major repairs, due illegal conversions and condition. This are legally 2 units (2 separates buildings) per tax assesor 3 bedrooms 2 baths 976 SQFT each, 4 single car garages sold as is present condition. Subject property has a lot of potential and good appeal located close to transportation, shopping centers and schools. Buyer is to perform their due diligence and own investigations

Last Agent to Sell the Property

Carmen Torres

Excellence RE Real Estate License #00991923 Listed on: 08/17/2016

Last Buyer's Agent

Allen Liou

All USA Realty License #00990662

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 8,698 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 1,952 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 5729
  • Assessor Parcel Number 6183020018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $1,500
  • Water Sewer Expense $3,600
  • New Taxes Expense $4,598
  • Gross Income $2,100
  • Net Operating Income $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: CORM*
  • Property Type: Residential Income
  • Parcel Number: 6183020018
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 210.04
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8698.00
  • Price Per Lot Square Foot: 51.72

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 700.00
  • Net Operating Income: 2100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4598.00
  • Tax Lot: 47
  • Tax Tract Number: 5729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Liu Fumei
Bought by
Liu Fumei
Current Estimated Value
$772,654

Purchase Details

Listed on
Aug 17, 2016
Closed on
Oct 5, 2016
Sold by
Fannie Mae
Bought by
Llu Fumei
Seller's Agent
Carmen Torres
Excellence RE Real Estate
Buyer's Agent
Allen Liou
All USA Realty
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Santos Sara P
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Sep 8, 2003
Sold by
Santos Raul
Bought by
Santos Sara P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu Fumei -- Servicelink Title
Llu Fumei $410,000 Servicelink Title Company
Federal National Mortgage Association $340,000 Accommodation
Santos Sara P -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Sara P $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $410,000 -8.9% $210 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $449,900 -- $230 / 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 $9,042 $475,837 $185,692 $290,145
2024 $9,042 $466,507 $182,051 $284,456
2023 $8,914 $457,361 $178,482 $278,879
2022 $7,778 $448,394 $174,983 $273,411
2021 $7,855 $439,602 $171,552 $268,050
2019 $7,628 $426,564 $166,464 $260,100
2018 $7,352 $418,200 $163,200 $255,000
2016 $6,958 $400,000 $150,000 $250,000
2015 $4,598 $261,883 $114,755 $147,128
2014 -- $256,754 $112,508 $144,246
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carmen Torres

    Excellence RE Real Estate

    (562) 879-0888

    Carmen Torres
    Section Image

  • A

    Buyer's Agent in 2016

    Allen Liou

    All USA Realty

    (562) 888-2585

    1 Total Sale

    Allen Liou
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16182511

California Regional Multiple Listing Service (CRMLS)

APN: 6183-020-018

California Los Angeles County Compton 90221

207 S Locust Ave, Compton, CA

Not Listed for Sale

MultiFamily

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