NOT LISTED FOR SALE

2221 E 130th St Compton, CA 90222

Estimated Value: $638,000 - $1,091,000

8 Beds
4 Baths
3,043 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $550,000 $181 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,603/month

7 Days on Market

About This Home

As of October 2016

This very unique Compton gem is very seldom seen on the market in any parts of Los Angeles. Three individual structures sit on an over 19,000 square foot lot. For the right investor the opportunities are vast and for that savvy buyer looking to potentially move in one and rent the other 2 units...this would be perfect. Unit mix comes as a 3 bed 2 bath, 3 bed 1 bath (maybe an unpermitted bath added on to this unit), and a 2 bed 1 bath with a den.

The front house of the property will not qualify FHA 203B because of major repairs started, but not completed or finished. Submit conventional or cash only.

Last Agent to Sell the Property

Jason Arnold

Excellence Realty License #01834196 Listed on: 03/15/2016

Last Buyer's Agent

Jason Arnold

Excellence Realty License #01834196 Listed on: 03/15/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 3,043 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 6152007020

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6152007020
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 180.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 19618.00
  • Price Per Lot Square Foot: 29.00
  • Lot Size Acres: 0.4500

Multi Family

  • Gross Income: 1600.00
  • Lot Size Area: 19618.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 222
  • Tax Tract Number: WILLOW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Spencer Brandy Nichol and Adkins Sheila
Bought by
Spencer Brandy Nichol
Current Estimated Value
$906,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$504,006
Interest Rate
3.75%
Estimated Equity
$402,592

Purchase Details

Closed on
Jul 5, 2016
Sold by
Arnold Evelyn and Charlotte C Mills Living Trust
Bought by
Spencer Brandy and Adkins Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Interest Rate
3.44%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2016
Sold by
Mills Cynthia M
Bought by
Arnold Evelyn and The Charlotte C Mills Living T

Purchase Details

Closed on
Jun 17, 2015
Sold by
The Charlotte C Mills Living Trust
Bought by
Mills Cynthia M

Purchase Details

Closed on
Mar 25, 2013
Sold by
Mills Chalrotte C
Bought by
Mills Charlotte C

Purchase Details

Closed on
May 29, 2001
Sold by
Mills Charlotte C
Bought by
Mills Charlotte C and The C Mills Living Trust
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
Spencer Brandy Nichol -- Chicago Title Company
Spencer Brandy $520,000 First American Title
Arnold Evelyn -- Accommodation
Mills Cynthia M -- None Available
Mills Cynthia M -- None Available
Mills Charlotte C -- None Available
Mills Charlotte C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Brandy Nichol $570,000
Previous Owner Spencer Brandy $510,581
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2016 10/05/16 Sold $550,000 -3.3% $181 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $569,000 -- $187 / 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 $10,062 $679,053 $404,420 $274,633
2024 $10,062 $665,740 $396,491 $269,249
2023 $9,689 $652,687 $388,717 $263,970
2022 $8,945 $639,891 $381,096 $258,795
2021 $9,102 $627,345 $373,624 $253,721
2020 $8,929 $620,913 $369,793 $251,120
2019 $8,070 $541,008 $332,928 $208,080
2018 $7,730 $530,400 $326,400 $204,000
2016 $2,371 $85,581 $16,333 $69,248
2015 $2,305 $84,296 $16,088 $68,208
2014 -- $82,645 $15,773 $66,872
Source: Public Records

Agents Affiliated with this Home

  • Jason Arnold

    Seller's Agent in 2016

    Jason Arnold

    Excellence Realty

    (323) 679-5576

    15 Total Sales

    Jason Arnold
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16055185

California Regional Multiple Listing Service (CRMLS)

APN: 6152-007-020

California Los Angeles County Compton 90222

2221 E 130th St, Compton, CA

Not Listed for Sale

MultiFamily

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