NOT LISTED FOR SALE

216 W Raymond St Compton, CA 90220

Estimated Value: $806,000 - $1,029,000

6 Beds
3 Baths
1,892 Sq Ft
$483/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $830,000 $439 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,140/month

36 Days on Market

Highlights

  • Gated Parking
  • Private Yard
  • Accessible Parking
  • Property is near public transit
  • Laundry Room
  • Tile Flooring

About This Home

As of May 2023

Back 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

Diamond Simien

D.S & CO REALTY License #01982223 Listed on: 02/28/2023

D.S & CO REALTY

Last Buyer's Agent

Diamond Simien

D.S & CO REALTY License #01982223 Listed on: 02/28/2023

D.S & CO REALTY

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,547

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 278333
  • Property Attached: Yes
  • Water Sewer Expenses: 1433.00
  • Zoning: CORH*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6163016002
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Accessibility Features: Parking
  • Price Per Square Foot: 438.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 967.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Flag Lot, Near Public Transit, Sprinkler System, Yard
  • Lot Size Sq Ft: 7476.00
  • Lot Size Acres: 0.1716

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 600 Square Feet
  • Gross Income: 73200.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 2150.00
  • Lot Size Area: 7476.0000 Square Feet
  • Net Operating Income: 67880.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 5320.00
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Total Expenses: 5345.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5432.03
  • Tax Lot: 2
  • Tax Tract Number: LOT 2
  • TaxOtherAnnualAssessmentAmount: 856.00

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%
Views
125
Current Estimated Value
$913,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,667
Avg. Annual Appreciation
4.05%
Original Mortgage
$847,845
Outstanding Balance
$823,495
Interest Rate
6.42%
Mortgage Type
VA
Estimated Equity
$90,172

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%
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
Registe Neville Malacai $830,000 Ticor Title Company
Simien Diamond -- Ticor Title
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 $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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $15,547 $863,532 $624,240 $239,292
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN23033689

California Regional Multiple Listing Service (CRMLS)

APN: 6163-016-002