NOT LISTED FOR SALE

326 W Palm St Compton, CA 90220

1 Bed
1 Bath
5,320 Sq Ft
1923 Built

Last Sold September 24, 2018

Last sale price $1,150,000 $216 Per Sq Ft

17 Days on Market

About This Home

As of September 2018

*Ideal Location Next to Major Transportation, Police Station, Courthouse & Library, *New Exterior Paint & Landscaping, *Gated Entry, *Well-Maintained Property, *Considerable Upside in Rents, *Not Subject to Rent control

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 08/07/2018

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 08/07/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,779 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Interior Spaces

  • 5,320 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5425
  • Assessor Parcel Number 6160002006

Community Details

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $2,001
  • Maintenance Expense $4,871
  • Other Expense $8,601
  • New Taxes Expense $13,750
  • Operating Expense $30,623
  • Gross Income $600
  • Net Operating Income $48,122

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 4.40
  • Other Phone Description: Office Phone
  • Other Phone Number: 9492518800
  • Property Attached: No
  • Zoning: COPRH*
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6160002006
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 216.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7779.00

Multi Family

  • Gross Income: 600.00
  • Gross Multiplier: 13.55
  • Gross Operating Income: 78745.00
  • Gross Scheduled Income: 81180.00
  • Insurance Expense: 2001.00
  • Laundry Income: 600.00
  • Maintenance Expense: 4871.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 48122.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 30623.00
  • Operating Expense Percent: 37.70
  • Other Expense: 8601.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 30623.00
  • Vacancy Allowance: 2435
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Census Tract: 5425.02
  • Tax Lot: 3
  • Tax Tract Number: 5425

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $1,150,000 +4.5% $216 / Sq Ft
08/07/2018 08/07/18 For Sale $1,100,000 +100.0% $207 / Sq Ft
02/01/2012 02/01/12 Sold $550,000 0.0% $103 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
11/07/2011 11/07/11 For Sale $550,000 -- $103 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Rodermund

    Seller's Agent in 2018

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    8 in this area

    26 Total Sales

    Doug Rodermund
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18191064

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

326 W Palm St, Compton, CA

This home is located at 326 W Palm St, Compton, CA 90220 since 07 August 2018. This property was built in 1923. 326 W Palm St is a home located in Los Angeles County with nearby schools including Longfellow Elementary School, Benjamin O. Davis Middle School, and Compton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes