NOT LISTED FOR SALE

413 W Laurel St Compton, CA 90220

Estimated Value: $1,219,000 - $1,579,000

18 Beds
12 Baths
6,650 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,175,000 $177 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,099/month

71 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Neighborhood Views
  • Laundry Room
  • Utility Room

About This Home

As of July 2021

6 Units all 3 br+2ba, total of 18 bedrooms, 6 full baths, and 6 half baths and 6 covered carports 100% Occ. Building with Paying Tenants! 7.7% Cap Rate, 9.7 GRM, $133,650 gross, 6 carports, built Townhome style ie each unit has living room, kitchen, utility rm (with washer/dryer hookups), and half bath on ground floor. Upper floor has 3 bedrooms and full bath in each unit. Stabilized Section 8 income stream with long term upside (current rents are far below S8 payment standards of $2,614 per month). Copper plumbing, breaker boxes in each unit, 15 yr old roof (no leaks). Rents are collected via direct deposit allowing ease of ownership.

Last Agent to Sell the Property

Emmett Dalton

Dalton Real Estate License #00959147 Listed on: 08/31/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,800 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 6,650 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Utility Room
  • Laundry Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 18 Bedrooms | 6 Main Level Bedrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 6161022025

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: CORH*
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 6161022025
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 6650.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Total Bedrooms: 18
  • Levels: Two
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 176.69
  • Room Type: Kitchen, Living Room, Utility Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7800.0000 Square Feet
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 5425.02
  • Tax Lot: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2025
Sold by
Wileman John C
Bought by
Unexpected Properties Llc
Current Estimated Value
$1,391,901

Purchase Details

Closed on
May 7, 2021
Sold by
Findling Michael W and Findling Lynn D
Bought by
Findling Family Charitable Remainder Unitrust and Findling

Purchase Details

Closed on
Sep 29, 2006
Sold by
Romero Denise and Romero Martha
Bought by
Findling Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Hometown Community Development Corp
Bought by
Romero Denise and Romero Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,200
Interest Rate
8.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Hud
Bought by
Hometown Community Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,410
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Aurora Loan Services Inc
Bought by
Hud

Purchase Details

Closed on
Mar 12, 2003
Sold by
Bulnes Elena and Rodriguez Eden
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Jun 20, 2001
Sold by
Cleveland Equity Partners Inc
Bought by
Bulnes Elena and Rodriguez Eden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,824
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2000
Sold by
Moncada Carmen and Corral Jose
Bought by
Cleveland Equity Partners Inc

Purchase Details

Closed on
Feb 23, 2000
Sold by
Cleveland Equity Partners Inc
Bought by
Moncada Carmen and Corral Jose

Purchase Details

Closed on
Feb 13, 1998
Sold by
Mcintyre David R and Mcintyre Debra R
Bought by
Cleveland Equity Partners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.9%
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
Unexpected Properties Llc -- None Listed On Document
Findling Family Charitable Remainder Unitrust -- First American Title Company O
Findling Family Lp -- Provident Title Company
Romero Denise $332,000 Provident Title Company
Hometown Community Development $310,000 Provident Title Company
Hud -- First American Title Co
Aurora Loan Services Inc $359,192 First American Title Co
Bulnes Elena $335,000 American Title Co
Cleveland Equity Partners Inc -- South Coast Title
Moncada Carmen $335,000 South Coast Title
Cleveland Equity Partners Inc $240,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Findling Family Lp $287,000
Previous Owner Romero Denise $282,200
Previous Owner Hometown Community Development $289,410
Previous Owner Bulnes Elena $329,824
Previous Owner Cleveland Equity Partners Inc $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $1,175,000 -9.3% $177 / Sq Ft
08/31/2020 08/31/20 For Sale $1,295,000 -- $195 / 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 $21,677 $1,246,919 $530,604 $716,315
2024 $21,589 $1,222,470 $520,200 $702,270
2023 $21,343 $1,198,500 $510,000 $688,500
2022 $20,799 $1,175,000 $500,000 $675,000
2021 $16,681 $928,307 $433,137 $495,170
2020 $16,385 $918,789 $428,696 $490,093
2019 $16,200 $900,775 $420,291 $480,484
2018 $15,238 $850,000 $396,600 $453,400
2016 $11,494 $635,000 $296,300 $338,700
2015 $10,600 $600,000 $280,000 $320,000
2014 $9,359 $520,000 $242,700 $277,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20179337

California Regional Multiple Listing Service (CRMLS)

APN: 6161-022-025