NOT LISTED FOR SALE

231 E Reeve St Compton, CA 90220

Estimated Value: $695,000 - $885,523

5 Beds
4 Baths
1,992 Sq Ft
$393/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2019

Last sale price $580,000 $291 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,194 / mo

60 Days on Market

About This Home

As of May 2019

Attention all Investors and first time homebuyers! This is a perfect triplex for rental income or live in one unit and rent the other two. The front unit is a 3 bedroom /2 bath, 2nd unit is a 1bed/1bath and 3rd unit is a 1bed/1bath. This property has a long driveway for enough parking for all units and a 3 car garage converted in living space. Seller has done some repairs to the FRONT unit. Property needs a bit TLC. Very motivated seller!

Last Agent to Sell the Property

Paola Melendez

Century 21 Allstars License #01779654 Listed on: 01/04/2019

Century 21 Allstars

Last Buyer's Agent

Paola Melendez

Century 21 Allstars License #01779654 Listed on: 01/04/2019

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 9,008 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 3 Car Garage

Home Design

  • 1,992 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry in unit
  • Sewer Not Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Tax Tract Number 2883
  • Assessor Parcel Number 6163027013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $900
  • Trash Expense $960
  • Water Sewer Expense $1,680
  • New Taxes Expense $7,500
  • Operating Expense $11,040
  • Gross Income $41,400
  • Net Operating Income $38,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

9,008 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: COPRH*
  • Property Type: Residential Income
  • Parcel Number: 6163027013
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 291.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: None
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9008.00
  • Lot Size Acres: 0.2068

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 41400.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 9008.0000 Square Feet
  • Net Operating Income: 38880.00
  • 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: 2520.00
  • Rent Control: No
  • Total Expenses: 11040.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 5432.02
  • Tax Lot: 11
  • Tax Tract Number: 2883

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 8, 2019
Sold by
Bought by
Seller's Agent
Paola Melendez
Century 21 Allstars
Buyer's Agent
Paola Melendez
Century 21 Allstars
List Price
$599,999
Sold Price
$580,000
Premium/Discount to List
-$19,999
-3.33%
Current Estimated Value
$783,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,631
Avg. Annual Appreciation
4.30%
Original Mortgage
$569,291
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.99%

Purchase Details

Closed on
Jan 27, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
7.74%

Purchase Details

Closed on
Dec 31, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
7.74%

Purchase Details

Closed on
May 14, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 Old Republic Title Company
$240,000 Ticor Title Redlands
$260,400 Accommodation
-- Security Union Title
-- Universal Title Company
-- First American Title Co
$120,000 First American
$155,336 First American
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $569,291
Previous Owner $235,653
Previous Owner $220,500
Previous Owner $25,000
Previous Owner $116,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $580,000 -2.5% $291 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/26/2019 02/26/19 Price Changed $595,000 -0.8% $299 / Sq Ft
01/04/2019 01/04/19 For Sale $599,999 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,642 $646,997 $334,654 $312,343
2024 $11,959 $634,312 $328,093 $306,219
2023 $11,797 $621,875 $321,660 $300,215
2022 $10,492 $609,682 $315,353 $294,329
2021 $10,599 $597,728 $309,170 $288,558
2020 $10,411 $591,600 $306,000 $285,600
2019 $5,414 $277,706 $173,568 $104,138
2018 $5,180 $272,262 $170,165 $102,097
2016 $4,924 $261,692 $163,558 $98,134
2015 $4,715 $257,762 $161,102 $96,660
2014 $4,642 $252,714 $157,947 $94,767
Source: Public Records

Agents Affiliated with this Home

  • Paola Melendez

    Seller's Agent in 2019

    Paola Melendez

    Century 21 Allstars

    (562) 225-4802

    155 Total Sales

    Paola Melendez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19005427

California Regional Multiple Listing Service (CRMLS)

APN: 6163-027-013

California Los Angeles County Compton 90220

231 E Reeve St, Compton, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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