NOT LISTED FOR SALE

215 N Holly Ave Compton, CA 90221

Estimated Value: $678,000 - $1,270,000

5 Beds
4 Baths
4,315 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $650,000 $151 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,400/month

121 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot
  • Laundry Room

About This Home

As of October 2022

Great opportunity with motivated seller! Two large units and one studio with potential to create a 4th unit from existing room additions. Cash or Conventional Only, No FHA. DRIVE BY ONLY! Do Not disturb tenants. One unit is currently functioning as a group home facility. Only selling the property, not the business. Only showing with accepted offer. Please note, Seller and Listing Agent are related. Please review Agent Remarks for more information.

Last Agent to Sell the Property

Chris Breedlove

Rosewood Investment Group License #01862657 Listed on: 04/26/2022

Last Buyer's Agent

Laura Marquez

Realty One Group United License #01815016

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Corner Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 662
  • Assessor Parcel Number 6183011021
  • $1,218 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,400
  • Insurance Expense $1,400
  • Water Sewer Expense $1,800
  • Operating Expense $5,600
  • Gross Income $30,000
  • Net Operating Income $24,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: CORL*
  • Property Type: Residential Income
  • Parcel Number: 6183011021
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12165.00
  • Lot Size Acres: 0.2793

Multi Family

  • Electric Expense: 2400.00
  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 12165.0000 Square Feet
  • Net Operating Income: 24400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 5600.00
  • Rent Control: No
  • Total Expenses: 5600.00

Tax Info

  • Tax Census Tract: 5416.05
  • Tax Lot: 26
  • Tax Tract Number: 662
  • TaxOtherAnnualAssessmentAmount: 1218.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Mecha G Inc
Bought by
Marquez Laura
Current Estimated Value
$902,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$775,571
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$127,096

Purchase Details

Listed on
Apr 26, 2022
Closed on
Aug 31, 2022
Sold by
Breedlove Annetta Marie
Bought by
Mecha G Inc
Seller's Agent
Chris Breedlove
Rosewood Investment Group
Buyer's Agent
Laura Marquez
Realty One Group United
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$550,000
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Marquez Laura -- Wfg National Title
Mecha G Inc $650,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Laura $800,000
Previous Owner Mecha G Inc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $650,000 0.0% $151 / Sq Ft
10/19/2022 10/19/22 Price Changed $649,900 0.0% $151 / Sq Ft
10/19/2022 10/19/22 For Sale $649,900 0.0% $151 / Sq Ft
04/26/2022 04/26/22 For Sale $649,900 0.0% $151 / Sq Ft
04/13/2022 04/13/22 Price Changed $649,900 -- $151 / 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 $20,162 $1,144,440 $611,235 $533,205
2024 $20,162 $1,122,000 $599,250 $522,750
2023 $19,751 $1,050,000 $550,000 $500,000
2022 $4,882 $232,158 $61,523 $170,635
2021 $4,894 $227,607 $60,317 $167,290
2020 $4,819 $225,274 $59,699 $165,575
2019 $4,767 $220,858 $58,529 $162,329
2018 $4,508 $216,529 $57,382 $159,147
2016 $4,261 $208,122 $55,154 $152,968
2015 $4,092 $204,997 $54,326 $150,671
2014 $4,039 $200,982 $53,262 $147,720
Source: Public Records

Agents Affiliated with this Home

  • Chris Breedlove

    Seller's Agent in 2022

    Chris Breedlove

    Rosewood Investment Group

    (562) 225-5445

    1 in this area

    4 Total Sales

    Chris Breedlove
    Section Image
  • Laura Marquez

    Buyer's Agent in 2022

    Laura Marquez

    Realty One Group United

    (562) 299-2102

    1 in this area

    13 Total Sales

    Laura Marquez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22065962

California Regional Multiple Listing Service (CRMLS)

APN: 6183-011-021

California Los Angeles County Compton 90221

215 N Holly Ave, Compton, CA

Not Listed for Sale

MultiFamily

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