NOT LISTED FOR SALE

412 S Essey Ave Compton, CA 90221

Estimated Value: $747,000 - $899,000

4 Beds
2 Baths
1,566 Sq Ft
$530/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $775,000 $495 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,443/month

Highlights

  • Private Yard
  • 2 Car Attached Garage
  • Ductless Heating Or Cooling System
  • No HOA
  • Double Pane Windows
  • Laundry Room

About This Home

As of September 2023

Fully Remodeled 2 Single-family homes on one lot in the Compton/Carson/Long Beach area. This property has been fully upgraded and is ready for a new owner. Live in the front and rent out the back or keep it as an investment property. Both homes are approximately the same size and have 2 bedrooms and 1 bathroom each. Both units feature new flooring, doors, moldings, interior and exterior paint, new windows, remodeled bathrooms, and a fully upgraded kitchen with new stainless steel appliances. Each home also has new A/C split units to keep the home cool in the summer and warm in the winter. Each property has its own address and is separately metered for electricity and gas and lives like two separate single-family homes. This property offers incredible value, to purchase 2 homes like this you would be looking at a purchase price above 900k. This is a steal for 2 properties in this area.

Last Agent to Sell the Property

Joe Homs

Pellego, Inc. License #00702131 Listed on: 08/30/2023

Pellego, Inc.

Co-Listed By

Ryan Mitchell

H & M Realty Group License #01953299

Last Buyer's Agent

Alba del Cid

Mega Real Estate Advisors License #01752313

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,154 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 9 / H
  • Tax Tract Number 6785
  • Assessor Parcel Number 6183030009
  • $582 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: CORL*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6183030009
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1566.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 494.89
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Water Heater
  • Heating Type: Ductless
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 6154.00
  • Lot Size Acres: 0.1413

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6154.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: H
  • Tax Census Tract: 5424.01
  • Tax Lot: 9
  • Tax Tract Number: 6785
  • TaxOtherAnnualAssessmentAmount: 582.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Aug 29, 2023
Sold by
Barrales Petra Celestina
Bought by
Berrales Luis Raul
Seller's Agent
Joe Homs
Pellego, Inc.
Buyer's Agent
Alba del Cid
Mega Real Estate Advisors
List Price
$775,000
Sold Price
$775,000
Views
2
Current Estimated Value
$829,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,687
Avg. Annual Appreciation
2.98%
Original Mortgage
$760,962
Outstanding Balance
$742,775
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$86,912

Purchase Details

Listed on
Aug 30, 2023
Closed on
Aug 22, 2023
Sold by
412 S Essey Ave Trust
Bought by
Avalos Luis Raul Berrale and Barrales Diana Guadalupe
Seller's Agent
Joe Homs
Pellego, Inc.
Buyer's Agent
Alba del Cid
Mega Real Estate Advisors
List Price
$775,000
Sold Price
$775,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,962
Outstanding Balance
$742,775
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$86,912

Purchase Details

Closed on
Dec 18, 2014
Sold by
Smith Melvin
Bought by
Smith Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berrales Luis Raul -- First American Title
Avalos Luis Raul Berrale $775,000 First American Title
Smith Melvin -- Wfg Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Luis Raul Berrale $760,962
Previous Owner Smith Melvin $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $775,000 0.0% $495 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $775,000 -- $495 / 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 $13,152 $790,500 $484,500 $306,000
2024 $13,152 $775,000 $475,000 $300,000
2023 $8,795 $455,175 $364,140 $91,035
2022 $7,662 $446,250 $357,000 $89,250
2021 $2,514 $119,546 $71,733 $47,813
2020 $2,476 $118,321 $70,998 $47,323
2019 $2,449 $116,002 $69,606 $46,396
2018 $2,323 $113,729 $68,242 $45,487
2016 $2,217 $109,315 $65,593 $43,722
2015 $2,128 $107,674 $64,608 $43,066
2014 $2,099 $105,566 $63,343 $42,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23162633

California Regional Multiple Listing Service (CRMLS)

APN: 6183-030-009