NOT LISTED FOR SALE

317 W Magnolia St Compton, CA 90220

Compton Area

Estimated Value: $959,000 - $1,191,483

8 Beds
4 Baths
3,282 Sq Ft
$323/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2024

Last sale price $1,100,000 $335 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,899 / mo

8 Days on Market

Highlights

  • Private Yard
  • Benjamin O. Davis Middle School Rated 9+
  • 4 Car Garage

About This Home

As of January 2024

Cash Cow. Four 2 bed/1 bath units. Four-car garages at rear of property--perfect to convert to ADU'S?

Last Agent to Sell the Property

Robert Compean

Urban Street Ventures, Inc License #01001161 Listed on: 01/03/2024

Last Buyer's Agent

Deeaudrey Barrow

Chase Skye Realty Group License #02006995

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,627 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,282 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 2
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017101
  • $1,068 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $100,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

5,627 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: CORH*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6157017101
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 335.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5627.00
  • Lot Size Acres: 0.1292

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 100500.00
  • Gross Scheduled Income: 100500.00
  • Lot Size Area: 5627.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 8201.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5426.02
  • Tax Lot: 5
  • Tax Tract Number: 5922
  • TaxOtherAnnualAssessmentAmount: 1068.00

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 3, 2024
Closed on
Jan 12, 2024
Sold by
Shelter First Llc
Bought by
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Deeaudrey Barrow
Chase Skye Realty Group
List Price
$1,075,000
Sold Price
$1,100,000
Premium/Discount to List
$25,000
2.33%
Views
15
Current Estimated Value
$1,043,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,737
Avg. Annual Appreciation
-1.38%
Original Mortgage
$1,100,000
Outstanding Balance
$1,071,336
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$9,965

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 9, 2019
Sold by
Koyama Jason
Bought by
Shelter First Llc
Seller's Agent
Jason Koyama
Stanfles Realty
Buyer's Agent
Robert Compean
List Price
$849,000
Sold Price
$720,000
Premium/Discount to List
-$129,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 26, 2013
Closed on
Apr 12, 2013
Sold by
Herbel Thomas M
Bought by
Koyama Jason
Seller's Agent
Casey Elliott
CES Group Inc.
Buyer's Agent
Jason Koyama
Stanfles Realty
List Price
$399,000
Sold Price
$384,900
Premium/Discount to List
-$14,100
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$273,750
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Donahue Barbara Ann
Bought by
Hruden Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2010
Sold by
First Regional Bank
Bought by
Hruden Thomas W

Purchase Details

Closed on
Mar 11, 2010
Sold by
Harambee Economic
Bought by
First Regional Bank

Purchase Details

Closed on
May 21, 2008
Sold by
Arnold Lefrancis
Bought by
Arnold Evelyn

Purchase Details

Closed on
Jan 22, 2008
Sold by
Harambee Economic & Community Developmen
Bought by
Arnold Lefrancis

Purchase Details

Closed on
Sep 22, 2004
Sold by
Community Redevelopment Agency Of The Ci
Bought by
Harambee Economic & Cmnty Development Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
City Of Compton
Bought by
Community Redevelopment Agency Of The Ci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2000
Sold by
Development Secretary Of Housing And Urban
Bought by
City Of Compton

Purchase Details

Closed on
Jul 22, 1996
Sold by
Velasquez Salvador
Bought by
Lucero Robert Herman and Mendez Rogelio

Purchase Details

Closed on
May 1, 1996
Sold by
Turners Technical Institute
Bought by
Velasquez Salvador
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Compton, CA

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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
$1,100,000 California Best Title
Shelter First Llc $720,000 Fidelity National Title
Koyama Jason $385,000 First American Title Company
Hruden Thomas W -- Lawyers Title Company
Herbel Thomas M $340,000 Lawyers Title Company
Hruden Thomas W -- Lawyers Title
First Regional Bank $1,100 Chicago Title
Arnold Evelyn -- None Available
Arnold Lefrancis -- Accommodation
Harambee Economic & Cmnty Development Co $500 --
Community Redevelopment Agency Of The Ci -- --
City Of Compton -- New Century Title Company
Lucero Robert Herman $220,000 First American Title Co
Velasquez Salvador $105,000 California Counties Title Co
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
Open $1,100,000
Previous Owner Shelter First Llc --
Previous Owner Koyama Jason $273,750
Previous Owner Herbel Thomas M $255,000
Previous Owner Harambee Economic & Community Dev Corp $18,000
Previous Owner Harambee Economic & Community Developmen $50,000
Previous Owner Harambee Economic & Cmnty Development Co $210,000
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 Prior Sale
01/30/2024 01/30/24 Sold $1,100,000 0.0% $335 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $1,100,000 +2.3% $335 / Sq Ft
01/03/2024 01/03/24 For Sale $1,075,000 0.0% $328 / Sq Ft
07/28/2023 07/28/23 Rented $2,150 0.0% --
07/18/2023 07/18/23 For Rent $2,150 +26.5% --
04/14/2020 04/14/20 Rented $1,700 0.0% --
03/30/2020 03/30/20 For Rent $1,700 0.0% --
04/22/2019 04/22/19 Sold $720,000 -15.2% $219 / Sq Ft View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $849,000 +120.6% $259 / Sq Ft
05/07/2013 05/07/13 Sold $384,900 -3.5% $117 / Sq Ft View Prior Sale
03/12/2013 03/12/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $399,000 -- $122 / 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
2026 $16,351 $1,154,844 $624,240 $530,604
2025 $16,351 $1,132,200 $612,000 $520,200
2024 $13,856 $787,420 $240,600 $546,820
2023 $13,695 $771,982 $235,883 $536,099
2022 $12,897 $756,846 $231,258 $525,588
2021 $13,024 $742,007 $226,724 $515,283
2019 $7,878 $424,888 $166,577 $258,311
2018 $7,647 $416,558 $163,311 $253,247
2016 $7,253 $400,384 $156,970 $243,414
2015 $6,934 $394,371 $154,613 $239,758
2014 $6,817 $386,647 $151,585 $235,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24001583

California Regional Multiple Listing Service (CRMLS)

APN: 6157-017-101

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