NOT LISTED FOR SALE

409 S Ward Ave Compton, CA 90221

Estimated Value: $800,000 - $865,000

6 Beds
4 Baths
2,168 Sq Ft
$384/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $390,000 $180 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,249/month

26 Days on Market

Highlights

  • Primary Bedroom Suite
  • Walk-In Closet
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • Family Room

About This Home

As of July 2015

Move-In Ready. Huge home in one of the best areas of Compton. Perfect for a large family or an investor looking for strong rental income. Within the property is a massive 4bdrm 3 bath PLUS an Additional 2bdrm 1bath Mother-in-Law Suite. Upgrades have been completed throughout the property. A major addition was made to the property just 6yrs ago. All legal construction. SELLING AS-IS.

Last Agent to Sell the Property

Brook Fain

LifeCycle Realty, Inc. License #01336668 Listed on: 05/06/2015

Last Buyer's Agent

Manuel Avila

Century 21 Allstars License #01874478

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,495

Year Built

  • Built in 1930

Lot Details

  • 6,135 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 2,168 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Alarm System
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 6785
  • Assessor Parcel Number 6183028017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $100
  • Insurance Expense $75
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $401
  • Gross Income $3,300
  • Net Operating Income $2,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,495

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Wired for Alarm System
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 6183028017
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 179.89
  • Room Type: Family Room, Master Suite, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Street Lights, Storm Drains

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6135.00
  • Lot Size Acres: 0.1410

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 3300.00
  • Insurance Expense: 75.00
  • Lot Size Area: 6135.0000 Square Feet
  • Net Operating Income: 2599.00
  • Number Of Units Total: 2
  • Operating Expense: 701.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 401.00
  • Tax Lot: 17
  • Tax Tract Number: 6785
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Iribe Omar Abitia and Casales Israel Hernandez
Bought by
Iribe Omar Abitia and Casales Israel Hernandez
Current Estimated Value
$833,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Outstanding Balance
$453,226
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$354,339

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 4, 2015
Sold by
Lifecycle Properties Inc
Bought by
Tribe Omar Abitia and Cosales Israel Hernandez
Seller's Agent
Brook Fain
LifeCycle Realty, Inc.
Buyer's Agent
Manuel Avila
Century 21 Allstars
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$378,300
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2015
Sold by
Livingston Calvin
Bought by
Lifecycle Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2012
Sold by
Livingston Calvin
Bought by
Livingston Calvin

Purchase Details

Closed on
Feb 23, 2006
Sold by
Livingston Calvin
Bought by
Livingston Calvin and Livingston Deborah Denease

Purchase Details

Closed on
Aug 20, 1999
Sold by
Livingston Calvin
Bought by
Livingston Calvin and Livingston Ruth E

Purchase Details

Closed on
Jun 11, 1998
Sold by
Moore Jessie M
Bought by
Livingston Calvin and Livingston Ruth E
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Iribe Omar Abitia -- Ticor Title Company
Casales Israel Hernandez -- Ticor Title Company
Tribe Omar Abitia $390,000 Ticor Title Company Of Ca
Lifecycle Properties Inc $268,000 Ticor Title Company
Livingston Calvin -- None Available
Livingston Calvin -- None Available
Livingston Calvin -- None Available
Livingston Calvin -- --
Livingston Calvin $90,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iribe Omar Abitia $498,000
Closed Tribe Omar Abitia $378,300
Previous Owner Lifecycle Properties Inc $80,400
Previous Owner Lifecycle Properties Inc $187,600
Previous Owner Lifecycle Properties Inc $80,400
Previous Owner Lifecycle Properties Inc $187,600
Previous Owner Livingston Calvin $180,000
Previous Owner Livingston Calvin $100,000
Previous Owner Livingston Calvin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $390,000 +1.3% $180 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $385,000 -- $178 / 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 $8,495 $461,670 $213,433 $248,237
2024 $8,495 $452,619 $209,249 $243,370
2023 $8,386 $443,746 $205,147 $238,599
2022 $7,595 $435,046 $201,125 $233,921
2021 $7,661 $426,517 $197,182 $229,335
2020 $7,525 $422,145 $195,161 $226,984
2019 $7,440 $413,869 $191,335 $222,534
2018 $7,216 $405,755 $187,584 $218,171
2016 $6,848 $390,000 $180,300 $209,700
2015 $4,758 $273,577 $81,831 $191,746
2014 -- $268,219 $80,229 $187,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15073562

California Regional Multiple Listing Service (CRMLS)

APN: 6183-028-017