NOT LISTED FOR SALE

321 W Magnolia St Unit A-B Compton, CA 90220

Estimated Value: $1,020,000 - $1,113,660

8 Beds
4 Baths
3,282 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $790,000 $241 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,892/month

167 Days on Market

About This Home

As of December 2019

GREAT INCOME OPPORTUNITY, PLEASE BRING YOUR BUYER....4 UNITS TOTALLY REMODELED, EACH UNIT INCLUDES 2 BEDROOM AND 1 BATH...

Last Agent to Sell the Property

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341 Listed on: 05/01/2019

Last Buyer's Agent

Andrea Ayers

REALTY ONE GROUP WEST License #01813074

REALTY ONE GROUP WEST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,704

Year Built

  • Built in 1945

Lot Details

  • 5,993 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,282 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017034

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,500
  • Water Sewer Expense $4,000
  • New Taxes Expense $10,000
  • Operating Expense $17,500
  • Gross Income $70,020
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,704

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Other Phone Description: Ix Garcia
  • Other Phone Number: 323-202-5885
  • Property Attached: No
  • Water Sewer Expenses: 4000.00
  • Zoning: CORH*
  • Property Type: Residential Income
  • Parcel Number: 6157017034
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 240.71

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5993.00
  • Lot Size Acres: 0.1376

Multi Family

  • Gross Income: 70020.00
  • Gross Scheduled Income: 70020.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5993.0000 Square Feet
  • Net Operating Income: 46000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17500.00
  • Rent Control: No
  • Total Expenses: 17500.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 5426.02
  • Tax Lot: 6
  • Tax Tract Number: 5922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Park On Jung
Bought by
Gosey Travon
Current Estimated Value
$1,068,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.5%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Edwards Tonya
Bought by
Park On Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Cao Jessica Dai
Bought by
Edwards Tonya

Purchase Details

Closed on
Apr 22, 2002
Sold by
Hud
Bought by
Cao Jessica Dai

Purchase Details

Closed on
Jul 19, 2001
Sold by
Bank Of America Na
Bought by
Hud

Purchase Details

Closed on
Apr 18, 2001
Sold by
Thomas Michael L
Bought by
Bank Of America Na and Bank Of America Nt & Sa

Purchase Details

Closed on
Jan 18, 2000
Sold by
Mad Mac
Bought by
Thomas Michael L

Purchase Details

Closed on
Sep 17, 1999
Sold by
Hud
Bought by
Mad Mac

Purchase Details

Closed on
Apr 16, 1999
Sold by
Retana Jose
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Sep 10, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Nov 10, 1997
Sold by
Agredanoi Leo
Bought by
Retana Jose and Retana Ana L

Purchase Details

Closed on
Oct 13, 1997
Sold by
Agredano Cecilia
Bought by
Agredano Leo

Purchase Details

Closed on
Sep 19, 1997
Sold by
Great Western Bank
Bought by
Agredano Leo

Purchase Details

Closed on
Jul 15, 1997
Sold by
Washington Elbert
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Jan 12, 1996
Sold by
Washington Jr Elbert
Bought by
Hall Edward J
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gosey Travon $790,000 Lawyers Title
Park On Jung $570,000 Fidelity National Title Co
Park On Jung -- Fidelity National Title Co
Edwards Tonya $370,000 Old Republic Title Company
Cao Jessica Dai $224,000 First Southwestern Title Co
Hud -- First American Title Ins Co
Bank Of America Na $281,783 First American Title Ins Co
Thomas Michael L $265,000 Fidelity Title
Mad Mac $150,000 First American Title Co
Countrywide Home Loans Inc $259,137 Landsafe Title
Hud -- Landsafe Title
Retana Jose $240,000 Chicago Title Co
Agredano Leo -- Stewart Title
Agredano Leo $117,000 Stewart Title
Great Western Bank Fsb $115,000 Stewart Title
Hall Edward J -- First American Title Co
Washington Jr Elbert -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gosey Travon $780,000
Previous Owner Park On Jung $427,500
Previous Owner Edwards Tonya $288,000
Previous Owner Cao Jessica Dai $200,000
Previous Owner Thomas Michael L $263,064
Previous Owner Mad Mac $155,400
Previous Owner Retana Jose $230,829
Previous Owner Agredano Leo $87,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $790,000 -10.2% $241 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $880,000 0.0% $268 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $880,000 -- $268 / 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 $14,704 $863,976 $246,068 $617,908
2024 $14,704 $847,037 $241,244 $605,793
2023 $14,531 $830,429 $236,514 $593,915
2022 $13,678 $814,147 $231,877 $582,270
2021 $13,813 $798,184 $227,331 $570,853
2019 $10,585 $593,028 $208,080 $384,948
2018 $10,327 $581,400 $204,000 $377,400
2016 $7,971 $444,379 $156,133 $288,246
2015 $7,618 $437,705 $153,788 $283,917
2014 $7,486 $429,132 $150,776 $278,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19093723

California Regional Multiple Listing Service (CRMLS)

APN: 6157-017-034