NOT LISTED FOR SALE

2541 E 124th St Compton, CA 90222

Estimated Value: $327,789

0.11 Acre
$3,023,884 Price per Acre
4,720 Sq Ft Lot

Last Sold August 09, 2023

Last sale price $305,000

Est. 7% increase in value since last sale

Current estimated payment $2,322/month

47 Days on Market

About This Lot

As of August 2023

"HUGE PRICE REDUCTION FOR QUICK SALE" *******$50,000 REDUCTION IN PRICE*******
WON'T LAST, SEND YOUR OFFERS!
RESIDENTIAL AREA, PER TITLE, LOT IS "INDUSTRIAL {GENERAL}) CURRENTLY USED FOR A TOW TRUCK/CAR REPAIR SHOP, TENANT WILLING TO RENT FROM NEW OWNER OR LOT WILL BE DELIVERED VACANT.
NICE OPPORTUNITY FOR INVESTMENT AND BE USE FOR THE SAME TYPE OF BUSINESS OR TO BUILD A HOUSE. INTERESTED PEOPLE SHOULD DO THEIR INVESTIGATIONS AS TO THE REAL USE OF THIS PROPERTY.

Last Agent to Sell the Property

Bequi Morales

First Team Real Estate - Cerritos License #01294195 Listed on: 05/17/2023

Last Buyer's Agent

Bequi Morales

First Team Real Estate - Cerritos License #01294195 Listed on: 05/17/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,787

Lot Details

  • 4,720 Sq Ft Lot
  • Level Lot
  • No Sprinklers
  • Property is zoned COML*

Location

  • Urban Location
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 31 / 1
  • Assessor Parcel Number 6150035021
  • $1,126 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$5,787

Lot Details

0

Listing Details

  • View: No
  • Zoning: COML*
  • Property Type: Land
  • Parcel Number: 6150035021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 64.62

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Sprinklers None
  • Lot Size Sq Ft: 4720.00
  • Lot Size Acres: 0.1084

Multi Family

  • Lot Size Area: 4720.0000 Square Feet

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5416.03
  • Tax Lot: 31
  • TaxOtherAnnualAssessmentAmount: 1126.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 7, 2023
Sold by
Eliseo Villa Revocable Living Trust
Bought by
Moran Jose De Jesus and Moran Maria Dolores
Seller's Agent
Bequi Morales
First Team Real Estate - Cerritos
Buyer's Agent
Bequi Morales
First Team Real Estate - Cerritos
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Total Days on Market
47
Views
273
Current Estimated Value
$327,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,789
Avg. Annual Appreciation
4.02%

Purchase Details

Closed on
Mar 2, 2023
Sold by
Villa Eliseo
Bought by
Eliseo Villa Revocable Living Trust

Purchase Details

Closed on
Nov 15, 1994
Sold by
Carrasco Francisco J
Bought by
Carrasco Francisco J and Carrasco Elmer

Purchase Details

Closed on
Oct 26, 1994
Sold by
Carrasco Francisco J and Alfaro Armando
Bought by
Alfaro Armando
Source: Public Records

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Range of Values:

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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
Moran Jose De Jesus $305,000 Western Resources Title
Eliseo Villa Revocable Living Trust -- --
Carrasco Francisco J -- --
Alfaro Armando $49,466 Benefit Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $305,000 -12.9% --
07/03/2023 07/03/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $350,000 -- --
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
2024 $5,787 $305,000 $305,000 --
2023 $2,015 $72,543 $65,736 $6,807
2022 $2,219 $69,971 $63,297 $6,674
2021 $1,600 $68,600 $62,056 $6,544
2019 $1,859 $66,566 $60,216 $6,350
2018 $1,513 $59,036 $59,036 $0
2016 $1,434 $56,745 $56,745 $0
2015 $1,386 $55,893 $55,893 $0
2014 $1,367 $54,799 $54,799 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23086246

California Regional Multiple Listing Service (CRMLS)

APN: 6150-035-021