D
Seller's Agent in 2021
Derek Branch
Keller Williams Advisors
400 W Magnolia St Compton, CA 90220
Estimated Value: $997,000 - $1,066,000
10
Beds
6
Baths
3,640
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Park
- Laundry Room
- Bike Trail
About This Home
As of September 2021This 4 unit property is located on a large 6,740 sqft corner lot at the intersection of N Oleander and W Magnolia in Compton, CA. It is surrounded by great shopping and dining locations on W Compton Blvd and is within walking distance of the Compton Library and Martin Luther King Jr Memorial Park. The property boasts a great unit mix consisting of (2) 3BD/2BA and (2) 2BA/1BA units that. This property is being offered at a CAP rate of 5.1% and a GRM of 12.67 with over 20% upside to market rents.
Last Agent to Sell the Property
Derek Branch
Keller Williams Advisors License #02100209 Listed on: 08/09/2021
Co-Listed By
John Alden
Alden Pacific Investments, Inc. License #02114291
Last Buyer's Agent
Derek Branch
Keller Williams Advisors License #02100209 Listed on: 08/09/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,740 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
- Three Garage Doors
Home Design
- Quadruplex
Interior Spaces
- 3,640 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 15
- Tax Tract Number 6207
- Assessor Parcel Number 6157022014
Community Details
Overview
- 4 Units
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $240
- Gardener Expense $1,200
- Insurance Expense $1,600
- Maintenance Expense $3,733
- Professional Management Expense $3,700
- Trash Expense $3,600
- Water Sewer Expense $2,400
- New Taxes Expense $1
- Operating Expense $30,195
- Gross Income $76,380
- Net Operating Income $49,647
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2017
Sold by
Moreno Aydee C
Bought by
Pryor Miller Andrew Wesley
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,603
Outstanding Balance
$530,227
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$491,351
Purchase Details
Closed on
Sep 27, 2013
Sold by
Arroyos Martin
Bought by
Moreno Aydee C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 25, 2002
Sold by
Chabad Lavabitch Of Hawall Inc
Bought by
Arroyos Martin and Arroyos Irma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,124
Interest Rate
6.06%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 31, 2002
Sold by
Hud
Bought by
Chabad Lubavitch Of Hawaii Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,124
Interest Rate
6.06%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 19, 2000
Sold by
Escobar Miguel
Bought by
Firstar Bank Na
Purchase Details
Closed on
Jul 21, 2000
Sold by
Firstar Bank Na
Bought by
Hud
Purchase Details
Closed on
Mar 18, 1999
Sold by
Cordero Humbert
Bought by
Ramos Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,700
Interest Rate
6.73%
Purchase Details
Closed on
Mar 2, 1999
Sold by
Ramos Sergio
Bought by
Escobar Miguel and Escobar Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,700
Interest Rate
6.73%
Purchase Details
Closed on
Jun 11, 1998
Sold by
Fnb Real Estate Corp
Bought by
Cordero Humberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.11%
Purchase Details
Closed on
Apr 14, 1998
Sold by
Mccall Homer
Bought by
Fnb Real Estate Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.11%
Purchase Details
Closed on
Feb 6, 1996
Sold by
Mccall Homer
Bought by
Mccall Stephanie
Purchase Details
Closed on
Nov 13, 1995
Sold by
Mccall Homer
Bought by
Mccall Homer and Mccall Stephanie
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pryor Miller Andrew Wesley | $670,000 | Provident Title Company | |
| Moreno Aydee C | $550,000 | Stewart Title Of California | |
| Arroyos Martin | $325,000 | Commonwealth Land Title Co | |
| Chabad Lubavitch Of Hawaii Inc | $180,000 | Stewart Title | |
| Firstar Bank Na | $320,542 | Benefit Land Title Ins Co | |
| Hud | -- | -- | |
| Ramos Sergio | $185,000 | Benefit Land Title Company | |
| Escobar Miguel | $300,000 | Benefit Land Title Company | |
| Cordero Humberto | $150,000 | North American Title Co | |
| Fnb Real Estate Corp | $131,006 | First American Title Ins Co | |
| Mccall Stephanie | -- | -- | |
| Mccall Homer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pryor Miller Andrew Wesley | $653,603 | |
| Previous Owner | Moreno Aydee C | $540,038 | |
| Previous Owner | Arroyos Martin | $306,124 | |
| Previous Owner | Chabad Lubavitch Of Hawaii Inc | $250,000 | |
| Previous Owner | Ramos Sergio | $206,700 | |
| Previous Owner | Escobar Miguel | $297,547 | |
| Previous Owner | Cordero Humberto | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2021 09/23/21 | Sold | $860,000 | -11.8% | $236 / Sq Ft | |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- | |
| 08/09/2021 08/09/21 | For Sale | $975,000 | +77.3% | $268 / Sq Ft | |
| 12/03/2013 12/03/13 | Sold | $550,000 | 0.0% | $151 / Sq Ft | View Prior Sale |
| 10/25/2013 10/25/13 | Pending | -- | -- | -- | |
| 10/19/2013 10/19/13 | For Sale | $550,000 | -- | $151 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,714 | $912,638 | $530,604 | $382,034 |
| 2024 | $15,679 | $894,744 | $520,200 | $374,544 |
| 2023 | $15,497 | $877,200 | $510,000 | $367,200 |
| 2022 | $14,591 | $860,000 | $500,000 | $360,000 |
| 2021 | $12,721 | $718,373 | $214,439 | $503,934 |
| 2019 | $12,348 | $697,268 | $208,080 | $489,188 |
| 2018 | $12,027 | $683,600 | $204,000 | $479,600 |
| 2016 | $10,020 | $569,543 | $181,218 | $388,325 |
| 2015 | $9,571 | $560,988 | $178,496 | $382,492 |
| 2014 | $9,398 | $550,000 | $175,000 | $375,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2021
John Alden
Alden Pacific Investments, Inc.
-
Prashant Sampat
Seller's Agent in 2013
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
218 Total Sales
-
Jeanet Salazar
Buyer's Agent in 2013
Jeanet Salazar
J A T S Enterprises, Inc.
(323) 356-3638
2 in this area
174 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21175382
APN: 6157-022-014
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.
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
- 329 W Magnolia St
- 338 W Magnolia St
- 436 W Magnolia St
- 301 W Magnolia St
- 200 N Acacia Ave
- 409 W Almond St
- 319 W Almond St
- 435 W Almond St
- 427 W Laurel St
- 533 W Almond St
- 426 W Laurel St
- 409 W Cedar St
- 524 W Laurel St
- 905 N Hickory Ave
- 653 W Compton Blvd
- 702 N Willowbrook Ave
- 418 W Spruce St
- 124 W Rosecrans Ave
- 310 S Paulsen Ave
- 512 S Willowbrook Ave
- 404 W Magnolia St
- 350 W Magnolia St
- 410 W Magnolia St Unit 2
- 401 W Compton Blvd
- 346 W Magnolia St
- 401 W Magnolia St
- 407 W Magnolia St
- 412 W Magnolia St
- 411 W Magnolia St
- 340 W Magnolia St
- 345 W Magnolia St
- 413 W Magnolia St
- 420 W Magnolia St
- 341 W Magnolia St
- 419 W Magnolia St
- 400 W School St
- 406 W School St
- 424 W Magnolia St
- 350 W School St
- 421 W Magnolia St
Your Personal Tour Guide
Ask me questions while you tour the home.