NOT LISTED FOR SALE

309 W Magnolia St Compton, CA 90220

8 Beds
8 Baths
5,568 Sq Ft
5,992 Sq Ft Lot

Last Sold October 03, 2016

Last sale price $790,000 $142 Per Sq Ft

146 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Rectangular Lot

About This Home

As of October 2016

- 8 - 1 BEDROOM UNITS, EACH UNIT HAS AN ADDITIONAL CLOSET BEING USED AS A BONUS ROOM, CENTRALY LOCATED IN GOOD CONDITION, AROUND THE CORNER FROM COMPTON CITY HALL, METRO STATION AND BUSINESSES.

Last Agent to Sell the Property

Roberto Cruz

Excellence RE Real Estate License #01070064 Listed on: 04/15/2016

Last Buyer's Agent

Nadege Labat

West Shores Realty, Inc. License #01298033

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 1925

Lot Details

  • 5,992 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 8 Car Garage

Home Design

  • 5,568 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017031

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $436
  • Insurance Expense $2,000
  • Water Sewer Expense $2,735
  • Gross Income $6,500
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,192

Year Built

Built in 1925

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2735.00
  • Property Type: Residential Income
  • Parcel Number: 6157017031
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 141.88

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 5992.00
  • Price Per Lot Square Foot: 139.77

Multi Family

  • Electric Expense: 436.00
  • Gross Income: 6500.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 78000.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 5922
  • Tax Annual Amount: 5192.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2016 10/03/16 Sold $790,000 -11.2% $142 / Sq Ft
04/15/2016 04/15/16 For Sale $889,950 -- $160 / 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 $16,698 $916,856 $232,114 $684,742
2024 $16,698 $898,879 $227,563 $671,316
2023 $16,508 $881,254 $223,101 $658,153
2022 $15,590 $863,976 $218,727 $645,249
2021 $15,713 $847,037 $214,439 $632,598
2019 $15,262 $821,916 $208,080 $613,836
2018 $14,902 $805,800 $204,000 $601,800
2016 $5,393 $231,252 $81,786 $149,466
2015 $5,191 $227,779 $80,558 $147,221
2014 $5,148 $223,318 $78,980 $144,338
Source: Public Records

Agents Affiliated with this Home

  • Roberto Cruz

    Seller's Agent in 2016

    Roberto Cruz

    Excellence RE Real Estate

    (323) 578-2090

    9 Total Sales

    Roberto Cruz
    Section Image

  • N

    Buyer's Agent in 2016

    Nadege Labat

    West Shores Realty, Inc.

    (310) 489-1627

    2 Total Sales

    Nadege Labat
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16080502

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Compton 90220

309 W Magnolia St, Compton, CA

Not Listed for Sale

MultiFamily

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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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