NOT LISTED FOR SALE

225 S Matthisen Ave Compton, CA 90220

Estimated Value: $1,006,474 - $1,095,000

7 Beds
5 Baths
3,877 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $965,000 $249 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,306/month

5 Days on Market

Highlights

  • 0.82 Acre Lot
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2024

HUGE! HUGE! OPORTUNITY!! Triplex on a 35,000sqft lot! 3 houses on a lot comprised of 2 2bd 1bth houses and a 3bd 2 1/2bth house toward the rear of the lot. Plenty of parking. Spacious lot which gives investors/developers the opportunity to add another 2 to 3 units. Perfect for owner user as well. Buyer to fully investigate and verify all information and building opportunities. "A MUST SEE"

Last Agent to Sell the Property

Greg Harper

Premier Realtors Brokerage Phone: 562-329-1145 License #01169181 Listed on: 02/15/2024

Last Buyer's Agent

Greg Harper

Premier Realtors Brokerage Phone: 562-329-1145 License #01169181 Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.82 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,877 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33
  • Tax Tract Number 12938
  • Assessor Parcel Number 6161015014
  • $2,635 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Property is near a ravine

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $3,000
  • Operating Expense $16,720
  • Gross Income $73,800
  • Net Operating Income $57,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: CORM*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6161015014
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 248.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Ravine, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 35842.00
  • Lot Size Acres: 0.8228

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 73800.00
  • Gross Scheduled Income: 73800.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 35842.0000 Square Feet
  • Net Operating Income: 57080.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 16720.00
  • Rent Control: No
  • Total Expenses: 16720.00

Tax Info

  • Tax Census Tract: 5425.02
  • Tax Lot: 33
  • Tax Tract Number: 12938
  • TaxOtherAnnualAssessmentAmount: 2635.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 8, 2024
Sold by
Y Y Haroon Trust and Haroon Yousuf H
Bought by
Tsaturyan Kamo
Seller's Agent
Greg Harper
Premier Realtors
Buyer's Agent
Greg Harper
Premier Realtors
List Price
$1,200,000
Sold Price
$965,000
Premium/Discount to List
-$235,000
-19.58%
Views
19
Current Estimated Value
$1,039,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,369
Avg. Annual Appreciation
4.46%
Original Mortgage
$465,000
Outstanding Balance
$458,131
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$581,238

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 27, 2012
Sold by
Haroon Yasmin Yousuf
Bought by
Haroon Yousuf Habib
Seller's Agent
Daniel Sandoval
The Vision Group RE Services
Buyer's Agent
Rene Cardona
SOUTHLAND Real Estate Service
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Listed on
Nov 28, 2011
Closed on
Feb 23, 2012
Sold by
Labra Constancio M
Bought by
Haroon Yousuf H
Seller's Agent
Daniel Sandoval
The Vision Group RE Services
Buyer's Agent
Rene Cardona
SOUTHLAND Real Estate Service
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Smith Gayla and Smith Family Trust
Bought by
Labra Constancio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,881
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tsaturyan Kamo $965,000 Stewart Title Company
Haroon Yousuf Habib -- Orange Coast Title Company
Haroon Yousuf H $265,000 Orange Coast Title Company
Labra Constancio M $321,500 Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsaturyan Kamo $465,000
Previous Owner Labra Constancio M $256,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Sold $965,000 0.0% $249 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/18/2024 02/18/24 Off Market $965,000 -- --
02/18/2024 02/18/24 For Sale $1,200,000 +24.4% $310 / Sq Ft
02/17/2024 02/17/24 Off Market $965,000 -- --
02/15/2024 02/15/24 For Sale $1,200,000 +352.8% $310 / Sq Ft
03/02/2012 03/02/12 Sold $265,000 +6.0% $68 / Sq Ft View Prior Sale
02/21/2012 02/21/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $250,000 -- $64 / 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 $10,133 $984,300 $714,000 $270,300
2024 $10,133 $523,345 $357,107 $166,238
2023 $11,021 $513,084 $350,105 $162,979
2022 $9,493 $503,025 $343,241 $159,784
2021 $9,564 $493,162 $336,511 $156,651
2020 $9,407 $488,106 $333,061 $155,045
2019 $9,306 $478,536 $326,531 $152,005
2018 $8,846 $469,154 $320,129 $149,025
2016 $8,409 $450,938 $307,699 $143,239
2015 $8,054 $444,166 $303,078 $141,088
2014 $7,692 $420,000 $282,000 $138,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Greg Harper

    Premier Realtors

    (562) 329-1145

    4 in this area

    30 Total Sales

    Greg Harper
    Section Image
  • Daniel Sandoval

    Seller's Agent in 2012

    Daniel Sandoval

    The Vision Group RE Services

    (562) 843-4474

    17 Total Sales

    Daniel Sandoval
    Section Image

  • R

    Buyer's Agent in 2012

    Rene Cardona

    SOUTHLAND Real Estate Service

    (323) 563-8813

    18 Total Sales

    Rene Cardona
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24031109

California Regional Multiple Listing Service (CRMLS)

APN: 6161-015-014

California Los Angeles County Compton 90220

225 S Matthisen Ave, Compton, CA

Not Listed for Sale

MultiFamily

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