NOT LISTED FOR SALE

407 W Magnolia St Compton, CA 90220

Estimated Value: $777,701 - $926,000

6 Beds
3 Baths
2,050 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $875,000 $427 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,402/month

1 Day on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property

About This Home

As of May 2024

We are pleased to present 407 W Magnolia St, Compton. Constructed in 1996, this duplex consists of (1) 3 bedroom – 1 bathroom front unit, and (1) 3 bedroom – 2 bathroom rear unit with an extra den that can be used as a fourth bedroom for a total living area of 2,050 SF situated on a 5,991 SF lot. Both units have their own two car garage, washer/dryer hookups, and have recently been updated. Tenant’s pay all utilities including water and trash. A new roof was installed in 2023. The front unit will be delivered vacant. Possible ADU potential, buyer to verify.

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-447-2213 License #01981597 Listed on: 01/19/2024

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-447-2213 License #01944770

Last Buyer's Agent

Edgar Hernandez

Pinnacle Estate Properties License #02007576

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,674

Year Built

  • Built in 1996

Lot Details

  • 5,991 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 20
  • Tax Tract Number 6207

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,435
  • Maintenance Expense $3,120
  • New Taxes Expense $11,250
  • Operating Expense $17,005
  • Gross Income $75,660
  • Net Operating Income $58,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,674

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 450000
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 426.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5991.00
  • Lot Size Acres: 0.1375

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 75660.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1435.00
  • Lot Size Area: 5991.0000 Square Feet
  • Maintenance Expense: 3120.00
  • Net Operating Income: 58655.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 2
  • Operating Expense: 17005.00
  • Rent Control: No
  • Total Expenses: 17005.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Lot: 20
  • Tax Tract Number: 6207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Lam Juliana
Bought by
Portillo Manases
Current Estimated Value
$850,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 9, 2018
Sold by
Aldana Doris L
Bought by
Lam Juliana
Seller's Agent
Sergio Pineda
Excellence Realty
Buyer's Agent
Gene Smith
RE/MAX TerraSol
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$405,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2018
Closed on
May 7, 2018
Sold by
Lam Tommy C
Bought by
Lam Juliana
Seller's Agent
Sergio Pineda
Excellence Realty
Buyer's Agent
Gene Smith
RE/MAX TerraSol
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Aldana Jaime
Bought by
Aldana Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 7, 2007
Sold by
Meza Jose and Meza Maria R
Bought by
Aldana Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 6, 2003
Sold by
Nieves Raul and Magallanes Alejandro
Bought by
Meza Jose and Meza Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Nieves Francisca
Bought by
Nieves Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,307
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1998
Sold by
Flores Adelso
Bought by
Nieves Raul and Magallanes Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,307
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1995
Sold by
Ba Properties Inc
Bought by
Flores Adelso

Purchase Details

Closed on
Feb 3, 1995
Sold by
Hunter Rae Catherine and Ba Properties Inc
Bought by
Ba Properties Inc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Portillo Manases $875,000 First American Title Company
Lam Juliana $550,000 First American Title Company
Lam Juliana -- First American Title Company
Aldana Doris L -- First American Title Co La
Aldana Doris L $522,000 First American Title Co
Meza Jose -- Stewart Title Of Ca Inc
Nieves Raul -- Stewart Title Company
Nieves Raul $207,000 Stewart Title
Flores Adelso $23,000 Old Republic Title
Ba Properties Inc $31,852 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portillo Manases $765,000
Previous Owner Lam Juliana $405,000
Previous Owner Aldana Doris L $104,400
Previous Owner Aldana Doris L $417,000
Previous Owner Meza Jose $227,000
Previous Owner Nieves Raul $205,307
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $875,000 -2.8% $427 / Sq Ft
02/14/2024 02/14/24 For Sale $900,000 0.0% $439 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $900,000 +63.6% $439 / Sq Ft
05/15/2018 05/15/18 Sold $550,000 0.0% $268 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $550,000 0.0% $268 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $550,000 -- $268 / 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 $10,674 $892,500 $612,000 $280,500
2024 $10,674 $613,531 $278,877 $334,654
2023 $10,883 $601,502 $273,409 $328,093
2022 $9,932 $589,709 $268,049 $321,660
2021 $10,037 $578,147 $262,794 $315,353
2020 $9,854 $572,220 $260,100 $312,120
2019 $9,741 $561,000 $255,000 $306,000
2018 $7,440 $430,000 $247,200 $182,800
2016 $6,534 $380,000 $218,400 $161,600
2015 $6,329 $380,000 $218,400 $161,600
2014 $5,861 $350,000 $201,200 $148,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24010386

California Regional Multiple Listing Service (CRMLS)

APN: 6157-021-020