$285,000
SOLD JAN 16, 2014

342 W Palm St Compton, CA 90220

6 Beds
4 Baths
2,670 Sq Ft
5,003 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

14% Above List Price

15 Days on Market

Highlights

  • Living Room
  • Cross Fenced
  • Front Yard
  • Tile Flooring

About This Home

As of January 2014

THIS ARE 4UNITS CURRENTLY FULLY RENTED LESS THAN CURRENT RENT VALUES (2)UNITS ARE 2 BEDROOMS 1BATH. SIMILAR UNIT NEXT DOOR IS ALSO FOR SALE.THE UNITS ARE CENTRALLY LOCATED WITHIN WALKING DISTANCE TO TRANSPORTATION,DOWNTOWN,CITY HALL AND SHOPPING.SOLD IN AS IS CONDITION

Last Agent to Sell the Property

John Villarreal

RE/MAX ADVANTAGE License #01310154 Listed on: 12/02/2013

RE/MAX ADVANTAGE

Last Buyer's Agent

JOHN VILLARREAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,607

Year Built

  • Built in 1955

Lot Details

  • 5,003 Sq Ft Lot
  • Two or More Common Walls
  • Cross Fenced
  • Chain Link Fence
  • Electric Fence
  • Fence is in excellent condition
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Shared Driveway
  • Uncovered Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Permanent Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,670 Sq Ft Home
  • 2-Story Property
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 5
  • Tax Tract Number 5425
  • Assessor Parcel Number 6160002026

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,200
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,833
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,607

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 951-236-6688
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6160002026
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 106.74
  • Room Type: Living Room

Exterior Features

  • Foundation: Permanent, Raised
  • Fencing: Chain Link, Electric, Fair Condition, Cross Fenced, Excellent Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Shared Driveway, Garage - Two Door, Uncovered

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Appliances: Gas Water Heater
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 5003.0000 Square Feet
  • Net Operating Income: 28200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Operating Expense: 750.00
  • Rent Control: No
  • Total Actual Rent: 3100.00

Tax Info

  • New Taxes Expense: 4833.00
  • Tax Block: 5
  • Tax Lot: 1
  • Tax Tract Number: 5425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2016
Sold by
Dawn Patrol Llc
Bought by
Rordermund Douglas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 2, 2014
Sold by
Acosta Juan
Bought by
Dawn Patrol Llc
Seller's Agent
John Villarreal
RE/MAX ADVANTAGE
Buyer's Agent
John Villarreal
RE/MAX ADVANTAGE
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$427,500
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2013
Sold by
Acosta Juan
Bought by
Acosta Juan

Purchase Details

Closed on
Oct 8, 2009
Sold by
Acosta David
Bought by
Acosta Juan
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 Type Sale Price Title Company
Grant Deed -- Ticor Title Company
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed -- Ticor Title
Grant Deed $570,000 Fnt Ie
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 New Conventional
Previous Owner $427,500 Purchase Money Mortgage
Previous Owner $190,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $875,000 +207.0% $328 / Sq Ft
01/16/2014 01/16/14 Sold $285,000 +14.0% $107 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $250,000 -- $94 / 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 $6,607 $349,361 $122,581 $226,780
2024 $6,607 $342,512 $120,178 $222,334
2023 $6,533 $335,797 $117,822 $217,975
2022 $6,181 $329,213 $115,512 $213,701
2021 $6,224 $322,759 $113,248 $209,511
2019 $6,049 $313,188 $109,890 $203,298
2018 $5,843 $307,048 $107,736 $199,312
2016 $5,544 $295,126 $103,553 $191,573
2015 $5,305 $290,694 $101,998 $188,696
2014 $4,004 $206,089 $43,708 $162,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV13245449

California Regional Multiple Listing Service (CRMLS)

APN: 6160-002-026