Seller's Agent in 2024
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
1 in this area
203 Total Sales
4011 E Elizabeth St Compton, CA 90221
East Compton NeighborhoodEstimated Value: $683,000 - $763,000
4
Beds
3
Baths
2,250
Sq Ft
$325/Sq Ft
Est. Value
About This Home
As of July 2024Renovated and fully vacant SFR + ADU! 4011 E Elizabeth
is the perfect opportunity to owner occupy the
3Bed+2Bath home in the front and rent out the ADU to
offset your mortgage! You can pick your own tenants!
This 2,250 square foot building is situated on a 5,578
square foot lot, zoned LCR1. This property is priced at
only $375k/unit $333/sqft! This is one of the lowest
price/units & price/sqft in the neighborhood.
Once both units are rented for market, the property will
operate at 5.83% cap rate and 11.79 GRM. Whether you
are an owner/user or investor, this is the perfect
opportunity to break into the real estate market!
Renovated and fully vacant SFR + ADU! 4011 E Elizabeth
is the perfect opportunity to owner occupy the
3Bed+2Bath home in the front and rent out the ADU to
offset your mortgage! You can pick your own tenants!
This 2,250 square foot building is situated on a 5,578
square foot lot, zoned LCR1. This property is priced at
only $375k/unit $333/sqft! This is one of the lowest
price/units & price/sqft in the neighborhood.
Once both units are rented for market, the property will
operate at 5.83% cap rate and 11.79 GRM. Whether you
are an owner/user or investor, this is the perfect
opportunity to break into the real estate market!
*ADU has not been permitted - Minor costs with permitting and plans and adding a firewall to legalize. Approximate cost between $15-$30K.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 04/30/2024
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02065583
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 5,578 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,250 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Legal Lot and Block 8 / 3
- Tax Tract Number 6742
- Assessor Parcel Number 7301014009
- $814 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $16,665
- Gross Income $63,600
- Net Operating Income $43,755
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2024
Closed on
Jul 5, 2024
Sold by
Hc-Mexico Avenue Llc and Acacia Assisted Living-Teller Llc
Bought by
Reyes Lisseth Grande
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Anthony Estevez
The Ave
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,492
Avg. Annual Appreciation
0.14%
Original Mortgage
$716,777
Outstanding Balance
$706,369
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$25,123
Purchase Details
Closed on
Aug 25, 2023
Sold by
Security Eat 734 Inc
Bought by
Hc-Mexico Avenue Llc and Acacia Assisted Living-Teller Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2023
Sold by
Hornsby Mercedes
Bought by
Sullivan Garrett
Purchase Details
Closed on
Jun 14, 2023
Sold by
Ivie Shawn E and Hornsby Alisa
Bought by
Security Eat 734 Inc
Purchase Details
Listed on
Aug 15, 2019
Closed on
Sep 23, 2019
Sold by
Catchings Chowdhury Valerie D
Bought by
Ivie Shawn E and Ivie Alisa M
Seller's Agent
Sheree Goulet
Century 21 Masters
Buyer's Agent
JT Terry
Renaissance Realty Group
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$333,750
Interest Rate
3.6%
Purchase Details
Closed on
Feb 5, 2008
Sold by
Catchings Marvin Earl and Catchings Winnie Vera
Bought by
The Marvin Earl Sr & Winnie Vera Catchin
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 |
|---|---|---|---|
| Reyes Lisseth Grande | $730,000 | Chicago Title Company | |
| Hc-Mexico Avenue Llc | $575,000 | Chicago Title Company | |
| Sullivan Garrett | -- | -- | |
| Security Eat 734 Inc | -- | Accommodation/Courtesy Recordi | |
| Ivie Shawn E | $445,000 | First American Title Company | |
| The Marvin Earl Sr & Winnie Vera Catchin | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reyes Lisseth Grande | $716,777 | |
| Previous Owner | Hc-Mexico Avenue Llc | $215,000 | |
| Previous Owner | Hc-Mexico Avenue Llc | $215,000 | |
| Previous Owner | Ivie Shawn E | $333,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $730,000 | -2.7% | $324 / Sq Ft | |
| 04/30/2024 04/30/24 | For Sale | $750,000 | +68.5% | $333 / Sq Ft | |
| 11/12/2019 11/12/19 | Sold | $445,000 | -3.1% | $297 / Sq Ft | View Prior Sale |
| 08/27/2019 08/27/19 | Pending | -- | -- | -- | |
| 08/15/2019 08/15/19 | For Sale | $459,000 | -- | $306 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,577 | $730,000 | $597,100 | $132,900 |
| 2024 | $7,577 | $575,000 | $408,400 | $166,600 |
| 2023 | $6,346 | $467,771 | $331,540 | $136,231 |
| 2022 | $5,904 | $458,600 | $325,040 | $133,560 |
| 2021 | $6,024 | $449,609 | $318,667 | $130,942 |
| 2020 | $5,903 | $445,000 | $315,400 | $129,600 |
| 2019 | $1,358 | $49,395 | $17,992 | $31,403 |
| 2018 | $1,222 | $48,428 | $17,640 | $30,788 |
| 2016 | $1,159 | $46,550 | $16,956 | $29,594 |
| 2015 | $1,121 | $45,852 | $16,702 | $29,150 |
| 2014 | $1,116 | $44,954 | $16,375 | $28,579 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Samimi
-
Molly First
Seller Co-Listing Agent in 2024
Molly First
Lyon Stahl Investment Real Estate, Inc.
(310) 913-2488
1 in this area
16 Total Sales
-
Anthony Estevez
Buyer's Agent in 2024
Anthony Estevez
The Ave
(310) 465-3566
1 in this area
37 Total Sales
-
Joshua Glaz
Buyer Co-Listing Agent in 2024
Joshua Glaz
The Ave
(562) 413-9399
1 in this area
255 Total Sales
-
Sheree Goulet
Seller's Agent in 2019
Sheree Goulet
Century 21 Masters
(909) 464-2000
44 Total Sales
-
JT Terry
Buyer's Agent in 2019
JT Terry
Renaissance Realty Group
(323) 706-1464
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24075943
APN: 7301-014-009
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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
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