NOT LISTED FOR SALE

422 W Palm St Unit 422 1/2B Compton, CA 90220

Estimated Value: $1,450,000

1 Bed
1 Bath
600 Sq Ft
$2,417/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Neighborhood Views
  • Open Floorplan
  • No HOA
  • Eat-In Kitchen

About This Home

As of June 2021

Available for lease! A spacious, 1Bd/1Bth ground level unit with a full kitchen and a remodeled interior. The floorplan is spacious with a living room with stylish wood laminate flooring, kitchen with new cabinetry, designer counters, stylish subway tile back-splash and outfitted with stainless steel appliances. The bedroom inc wood laminate and mirror wardrobe doors and 1 full bath that has also been tastefully remodeled with modern fixtures. The interior has been painted and w/new interior panel doors installed and a rustic wood laminate throughout. All situated in a prime location in a well maintained complex conveniently located close to schools, shopping and easy commuter access.

Last Agent to Rent the Property

John Newe

Gateway California Realty License #01017025 Listed on: 03/15/2021

Last Renter's Agent

John Newe

Gateway California Realty License #01017025 Listed on: 03/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,270

Year Built

  • Built in 1945

Lot Details

  • 550 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Level Lot

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Apartment
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Standard Electricity

Additional Features

  • Patio
  • Suburban Location

Community Details

  • No Home Owners Association
  • 11 Units

Listing and Financial Details

  • Security Deposit $1,750
  • Rent includes all utilities
  • 12-Month Minimum Lease Term
  • Available 3/15/21
  • Tax Lot 33
  • Tax Tract Number 5425
  • Assessor Parcel Number 6161023007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,270

Year Built

Built in 1945

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-03-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1750
  • Furnished: Unfurnished
  • Total Move In Costs: 3419.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: COPRH*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 6161023007
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 600.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen, In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.78
  • Room Type: Living Room
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 550.00
  • Lot Size Acres: 0.0126

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 550.0000 Square Feet
  • Number Of Units In Community: 11
  • Number Of Units Total: 12
  • Rent Includes: All Utilities

Tax Info

  • Tax Census Tract: 5425.02
  • Tax Lot: 33
  • Tax Tract Number: 5425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Heredia Rafael T and Moses T Heredia Trust
Bought by
Heredia Rafael T and Rafael T Heredia Trust
Current Estimated Value
$1,450,000

Purchase Details

Closed on
Nov 21, 2016
Sold by
Heredia Ralph T and Heredia Moses T
Bought by
Heredia Ralph T and Moses T Heredia Trust

Purchase Details

Closed on
Sep 13, 2013
Sold by
Tarango Rafael Heredia and Heredia Ralph T
Bought by
Tarango Rafael Heredia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2009
Sold by
Woods Ida
Bought by
Heredia Ralph T and Heredia Moses T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,672
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2006
Sold by
Woods Ida and Wood Ida
Bought by
Woods Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2000
Sold by
Boswell Lynda J and Woods Lynda J
Bought by
Woods Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,300
Interest Rate
7.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Heredia Rafael T -- Ticor Title Company
Heredia Ralph T -- None Available
Tarango Rafael Heredia -- First American Title Company
Heredia Ralph T $897,100 None Available
Woods Ida -- Fidelity National Title Co
Woods Ida -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tarango Rafael Heredia $770,000
Closed Heredia Ralph T $419,672
Previous Owner Woods Ida $90,000
Previous Owner Woods Ida $156,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Rented $1,669 0.0% --
06/07/2021 06/07/21 Under Contract -- -- --
04/07/2021 04/07/21 Price Changed $1,669 -4.6% $3 / Sq Ft
03/15/2021 03/15/21 For Rent $1,750 -- --
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 $28,270 $1,609,689 $482,904 $1,126,785
2024 $28,270 $1,578,128 $473,436 $1,104,692
2023 $27,947 $1,547,185 $464,153 $1,083,032
2022 $26,346 $1,516,849 $455,052 $1,061,797
2021 $26,590 $1,487,108 $446,130 $1,040,978
2019 $25,808 $1,443,002 $432,899 $1,010,103
2018 $25,115 $1,414,709 $424,411 $990,298
2016 $21,251 $1,200,000 $356,900 $843,100
2015 $19,656 $1,140,000 $339,100 $800,900
2014 $19,676 $1,140,000 $339,100 $800,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21052742

California Regional Multiple Listing Service (CRMLS)

APN: 6161-023-007