NOT LISTED FOR SALE

2234 E El Segundo Blvd Compton, CA 90222

3 Beds
2 Baths
7,920 Sq Ft
0.43 Acres

Last Sold September 18, 2018

Last sale price $2,150,000 $271 Per Sq Ft

27 Days on Market

About This Home

As of September 2018

*Majority 2-Bedroom Units, *New Roof & New Exterior Paint, *Extra Large Lot, *Excellent Visibility Along a Main Thoroughfare, *Huge Upside Potential in Rents, *Not Subject to Rent Control, *10.56 GRM & 6.70% Cap Rate on Market Rents

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 06/14/2018

Last Buyer's Agent

Ken Morgan

Morgan Skenderian License #01220368

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.43 Acre Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Interior Spaces

  • 7,920 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 191
  • Tax Tract Number 5414
  • Assessor Parcel Number 6152006012

Community Details

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,308
  • Other Expense $12,172
  • New Taxes Expense $26,250
  • Operating Expense $52,050
  • Gross Income $1,500
  • Net Operating Income $84,079

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • CapRate: 4.00
  • Property Attached: No
  • Zoning: LCC3-P*
  • Property Type: Residential Income
  • Parcel Number: 6152006012
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 271.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 18549.00

Multi Family

  • Gross Income: 1500.00
  • Gross Multiplier: 14.96
  • Gross Operating Income: 136129.00
  • Gross Scheduled Income: 140340.00
  • Insurance Expense: 3308.00
  • Laundry Income: 1500.00
  • Net Operating Income: 84079.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 52050.00
  • Operating Expense Percent: 37.10
  • Other Expense: 12172.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 52050.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 26250.00
  • Tax Census Tract: 5414.00
  • Tax Lot: 191
  • Tax Tract Number: 5414
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $2,150,000 +2.4% $271 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $2,100,000 -- $265 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $34,464 $2,398,362 $1,115,517 $1,282,845
2024 $34,464 $2,351,337 $1,093,645 $1,257,692
2023 $33,386 $2,305,233 $1,072,201 $1,233,032
2022 $31,195 $2,260,033 $1,051,178 $1,208,855
2021 $31,541 $2,215,719 $1,030,567 $1,185,152
2019 $30,684 $2,150,000 $1,000,000 $1,150,000
2018 $16,972 $993,512 $331,170 $662,342
2017 $16,477 $974,032 $324,677 $649,355
2016 $16,123 $954,934 $318,311 $636,623
2015 $15,419 $940,591 $313,530 $627,061
2014 -- $922,167 $307,389 $614,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18141773

California Regional Multiple Listing Service (CRMLS)