216 W Raymond St Compton, CA 90220
Estimated Value: $823,000 - $935,000
6
Beds
3
Baths
1,892
Sq Ft
$458/Sq Ft
Est. Value
Highlights
- Gated Parking
- Private Yard
- Accessible Parking
- Property is near public transit
- Laundry Room
- Tile Flooring
About This Home
As of May 2023Back on the market with a price improvement! Fell out of previous escrow, buyer could not perform. Great opportunity to own income property with a great size lot in the city of Compton! This 3 unit gated property consist of three 2 bedroom,1 bathroom units. Two units are located downstairs, and 1 upstairs. Each unit is separately metered for gas and electric. There is a 3 car detached garage that can be converted into an ADU. There is plenty of parking in the front driveway, and rear driveway, along with gated access through the rear alley. Yard space in the front, middle, and rear of garages. There is a huge avocado tree, a lemon tree, and a peach tree in the front yard. There is also a laundry room on the premises. This amazing investment property is within walking distance to metro station, and centrally located near 91,105,110, &710 freeways. Near Shopping Centers, Gateway Town Center, Crystal Park Casino, Compton Community College, Target, 24 Hour Fitness, and much more! Perfect for a first time homebuyer to live in 1 unit and rent out the other units, or an investor looking to generate income. Don't miss this amazing investment opportunity!
Last Agent to Sell the Property
D.S & CO REALTY License #01982223 Listed on: 02/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,547
Year Built
- Built in 1925
Lot Details
- 7,476 Sq Ft Lot
- Two or More Common Walls
- Flag Lot
- Sprinkler System
- Private Yard
Parking
- 3 Car Garage
- Parking Available
- Two Garage Doors
- Gated Parking
Home Design
- 1,892 Sq Ft Home
- Triplex
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Accessible Parking
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 2 / C
- Tax Tract Number 2
- Assessor Parcel Number 6163016002
- $856 per year additional tax assessments
Community Details
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $2,150
- Trash Expense $967
- Water Sewer Expense $1,433
- Operating Expense $5,345
- Gross Income $73,200
- Net Operating Income $67,880
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2023
Closed on
Apr 10, 2023
Sold by
Simien Diamond
Bought by
Registe Neville Malacai and Baszile Jennifer Lynn
Seller's Agent
Diamond Simien
D.S & CO REALTY
Buyer's Agent
Diamond Simien
D.S & CO REALTY
List Price
$835,000
Sold Price
$830,000
Premium/Discount to List
-$5,000
-0.6%
Total Days on Market
36
Views
125
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,333
Avg. Annual Appreciation
2.13%
Original Mortgage
$847,845
Outstanding Balance
$827,966
Interest Rate
6.42%
Mortgage Type
VA
Estimated Equity
$39,367
Purchase Details
Closed on
Sep 30, 2021
Sold by
Simien Barbara
Bought by
Simien Diamond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,660
Interest Rate
3.01%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 4, 2020
Sold by
Simien Barbara
Bought by
Simien Diamond and Simien Barbara
Purchase Details
Closed on
May 18, 2018
Sold by
Simien Diamond
Bought by
Simien Barbara
Purchase Details
Closed on
Sep 10, 2014
Sold by
One Tree Llc
Bought by
Simien Diamond and Simien Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 29, 2014
Sold by
Tdc/Pacific Properties Inc
Bought by
One Tree Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 14, 2014
Sold by
Jumamoy Ervin Torrefranca
Bought by
Tdc Pacific Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 2010
Sold by
1161 E 12Th St Llc
Bought by
Jumamoy Ervin Torrefranca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 15, 2009
Sold by
Us Bank National Association
Bought by
1161 E 12Th Llc
Purchase Details
Closed on
Jul 17, 2009
Sold by
Harrell Cleveland and Harrell Christin
Bought by
Us Bank National Association
Purchase Details
Closed on
Apr 7, 2005
Sold by
Harrell Cleveland
Bought by
Harrell Cleveland
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 7, 2003
Sold by
R & Y Llc
Bought by
Harrell Cleveland
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.5%
Purchase Details
Closed on
Sep 19, 2002
Sold by
Hernandez Jose Asuncion and Hernandez Maria
Bought by
Trejo Ruben
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
6.22%
Similar Homes in Compton, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Registe Neville Malacai | $830,000 | Ticor Title Company | |
| Simien Diamond | -- | Ticor Title Company Of Ca | |
| Simien Diamond | -- | Accommodation | |
| Simien Barbara | -- | None Available | |
| Simien Diamond | $380,000 | Provident Title Company | |
| One Tree Llc | -- | Provident Title Company | |
| Tdc Pacific Properties Inc | -- | Pacific Coast Title Company | |
| Jumamoy Ervin Torrefranca | $250,002 | Provident Title Company | |
| 1161 E 12Th Llc | $150,000 | Chicago Title Company | |
| Us Bank National Association | $203,150 | None Available | |
| Harrell Cleveland | -- | Investors Title Corp | |
| Harrell Cleveland | $280,000 | American Title Co | |
| R & Y Llc | -- | American Title Co | |
| Trejo Ruben | $110,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Registe Neville Malacai | $847,845 | |
| Previous Owner | Simien Diamond | $561,660 | |
| Previous Owner | Simien Diamond | $53,183 | |
| Previous Owner | Simien Diamond | $373,117 | |
| Previous Owner | One Tree Llc | $310,000 | |
| Previous Owner | Jumamoy Ervin Torrefranca | $245,471 | |
| Previous Owner | Harrell Cleveland | $360,000 | |
| Previous Owner | Harrell Cleveland | $224,000 | |
| Previous Owner | Trejo Ruben | $148,300 | |
| Closed | Harrell Cleveland | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2023 05/04/23 | Sold | $830,000 | -0.6% | $439 / Sq Ft |
| 04/05/2023 04/05/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | For Sale | $835,000 | +119.7% | $441 / Sq Ft |
| 11/14/2014 11/14/14 | Sold | $380,000 | -0.5% | $201 / Sq Ft |
| 09/02/2014 09/02/14 | Pending | -- | -- | -- |
| 08/14/2014 08/14/14 | For Sale | $382,000 | -- | $202 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,547 | $846,600 | $612,000 | $234,600 |
| 2023 | $13,049 | $683,676 | $476,957 | $206,719 |
| 2022 | $11,156 | $657,900 | $453,900 | $204,000 |
| 2021 | $7,671 | $421,916 | $166,545 | $255,371 |
| 2020 | $7,537 | $417,591 | $164,838 | $252,753 |
| 2019 | $7,450 | $409,404 | $161,606 | $247,798 |
| 2018 | $7,222 | $401,378 | $158,438 | $242,940 |
| 2016 | $6,868 | $385,794 | $152,287 | $233,507 |
| 2015 | $6,563 | $380,000 | $150,000 | $230,000 |
| 2014 | -- | $261,280 | $104,512 | $156,768 |
Source: Public Records
Agents Affiliated with this Home
-
Diamond Simien
Seller's Agent in 2023
Diamond Simien
D.S & CO REALTY
(310) 200-8624
3 in this area
14 Total Sales
-
Cristina Warfield
Seller's Agent in 2014
Cristina Warfield
Compass
1 in this area
36 Total Sales
-
A
Buyer's Agent in 2014
Apolinar Carrillo
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN23033689
APN: 6163-016-002
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