249 S Matthisen Ave Compton, CA 90220
5
Beds
3
Baths
1,836
Sq Ft
6,186
Sq Ft Lot
About This Home
As of August 2024Excellent Investment Opportunity knocks in the heart of Compton! This duplex is ideal for investors or families. It serves as a great income potential- you can rent a unit while living in another one. First unit features 2beds/1bath & second unit features 3 bed/2bath. The detached garage offers possible potential for an ADU. Minutes away to Downtown LA, LAX, FWY's and Public transportation. Both units have their own gas and electric meter. Do not miss out on this great opportunity!
Last Agent to Sell the Property
The Real Estate Store Inc. Brokerage Phone: 562-972-0175 License #02033908 Listed on: 07/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,392
Year Built
- Built in 1945 | Remodeled
Lot Details
- 6,186 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,836 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 60
- Tax Tract Number 11908
- Assessor Parcel Number 6161015010
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Aug 7, 2024
Sold by
Genesis Investments Llc
Bought by
Almeida Estela Felix and Almeida Evelyn Felix
Seller's Agent
Genesis Hidalgo
The Real Estate Store Inc.
Buyer's Agent
George Gomez
Realty One Group United
List Price
$770,000
Sold Price
$815,000
Premium/Discount to List
$45,000
5.84%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,250
Avg. Annual Appreciation
-1.21%
Original Mortgage
$752,441
Outstanding Balance
$745,387
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$60,117
Purchase Details
Listed on
Oct 6, 2022
Closed on
Nov 14, 2023
Sold by
Pope Larry
Bought by
Genesis Investments Llc
Seller's Agent
James Steven Alvarado-Lopez
Suburban Landmarks, Inc.
Buyer's Agent
James Steven Alvarado-Lopez
Suburban Landmarks, Inc.
List Price
$650,000
Sold Price
$515,000
Premium/Discount to List
-$135,000
-20.77%
Views
709
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.50%
Purchase Details
Closed on
Aug 9, 2007
Sold by
Osborne Utte
Bought by
Osborne Utte
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
May 13, 1993
Sold by
Osborne J W and Osborne Utte
Bought by
Osborne J W and Osborne Utte
Similar Homes in Compton, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $815,000 | None Listed On Document | |
| Grant Deed | $515,000 | Provident Title | |
| Interfamily Deed Transfer | -- | Stewart Title Sd | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $752,441 | FHA | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Off Market | $3,000 | -- | -- |
| 10/08/2024 10/08/24 | Off Market | $3,000 | -- | -- |
| 09/26/2024 09/26/24 | For Rent | $3,000 | 0.0% | -- |
| 09/03/2024 09/03/24 | For Rent | $3,000 | 0.0% | -- |
| 08/14/2024 08/14/24 | Sold | $815,000 | +5.8% | $444 / Sq Ft |
| 07/14/2024 07/14/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $770,000 | +49.5% | $419 / Sq Ft |
| 12/07/2023 12/07/23 | Sold | $515,000 | -12.0% | $281 / Sq Ft |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | Price Changed | $585,000 | -10.0% | $319 / Sq Ft |
| 10/06/2022 10/06/22 | For Sale | $650,000 | -- | $354 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,392 | $815,000 | $535,000 | $280,000 |
| 2024 | $12,392 | $720,000 | $450,000 | $270,000 |
| 2023 | $3,451 | $43,055 | $13,393 | $29,662 |
| 2022 | $2,743 | $42,212 | $13,131 | $29,081 |
| 2021 | $2,733 | $41,385 | $12,874 | $28,511 |
| 2019 | $2,705 | $40,159 | $12,493 | $27,666 |
| 2018 | $2,566 | $39,373 | $12,249 | $27,124 |
| 2016 | $1,014 | $37,846 | $11,774 | $26,072 |
| 2015 | $983 | $37,279 | $11,598 | $25,681 |
| 2014 | $982 | $36,549 | $11,371 | $25,178 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Genesis Hidalgo
The Real Estate Store Inc.
(562) 972-0175
1 in this area
13 Total Sales
-
G
Buyer's Agent in 2024
George Gomez
Realty One Group United
(323) 455-8351
2 in this area
7 Total Sales
-
J
Seller's Agent in 2023
James Steven Alvarado-Lopez
Suburban Landmarks, Inc.
(866) 399-8687
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24136984
APN: 6161-015-010
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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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