NOT LISTED FOR SALE

401 N Culver Ave Compton, CA 90220

11 Beds
7 Baths
4,588 Sq Ft
7,199 Sq Ft Lot

Last Sold July 20, 2016

Last sale price $875,000 $191 Per Sq Ft

26 Days on Market

About This Home

As of July 2016

7 unit apartment community located in one of the best neighborhoods of Compton on a quiet, residential street. The property offers investors the opportunity to acquire an impeccably maintained asset in a strong, non-rent control market. The property was originally constructed in 1962 and features four (1 bedroom + 1 bathroom) units and three (2 bedroom + 1 bathroom) units, encompassing a gross rentable area of 4,588 square feet. The balcony style building features on-site laundry and 7 covered parking spaces. All units open to the exterior and feature bright, open floor plans, carpet & linoleum flooring, and some units feature hardwood floors and granite counter-tops in the kitchen.

Last Agent to Sell the Property

Mark Witsken

KW Advisors License #01884724 Listed on: 04/29/2016

KW Advisors

Last Buyer's Agent

Jose Nunez

License #01366918

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,199

Interior Spaces

  • 4,588 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Covered Spaces
  • Covered Parking

Additional Features

  • 7,199 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 6157-014-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4588
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Laundry: Community
  • Total Bathrooms: 7.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 196.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 7
  • Parking Garage: Covered Parking
  • Total Parking: 7

Utilities

  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 244878
  • Assessed Land Value: 299296
  • Assessor Parcel Number: 6157-014-015
  • Geocode Override: No
  • Lot Size Area: 7199

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.20
  • Number Of Units: 7
  • Rent Control: 0
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $875,000 -2.8% $191 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $900,000 -- $196 / Sq Ft
Source: The MLS

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 $18,088 $1,015,507 $232,114 $783,393
2024 $18,088 $995,596 $227,563 $768,033
2023 $17,881 $976,075 $223,101 $752,974
2022 $16,868 $956,937 $218,727 $738,210
2021 $17,021 $938,175 $214,439 $723,736
2019 $16,528 $910,350 $208,080 $702,270
2018 $16,146 $892,500 $204,000 $688,500
2016 $10,404 $552,472 $303,860 $248,612
2015 $9,959 $544,174 $299,296 $244,878
2014 $9,803 $533,516 $293,434 $240,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-120494

The MLS