NOT LISTED FOR SALE

Estimated Value: $724,000 - $797,000

5 Beds
3 Baths
2,099 Sq Ft
$364/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $680,000 $324 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,708/month

46 Days on Market

About This Home

As of September 2023

We are proud to present 4223 Compton Ave, Los Angeles! The property consists of (1) One-Bedroom and (2) Two-Bedroom units. Two of the units have their own fenced patios areas, which allows a lot of privacy for the tenants. Property to be delivered with current Tenants in place. This Triplex offers a great opportunity to invest in a property that is conveniently located near Downtown Los Angeles. The property boasts a prime, central location that provides easy access to all of the city's top attractions and amenities, making it an ideal investment for those who want to experience the best of what LA has to offer. The competitive pricing makes now the perfect time to secure a great investment property opportunity that promises a great financial reward. PROPERTY TO BE DELIVERED WITH ONE OF THE 2 BEDROOM UNITS VACANT! Contact us now to discuss in more detail!

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 04/28/2023

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770

Last Buyer's Agent

Boris Almengor

Lyon Stahl Investment Real Est License #02092597

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 3,967 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,099 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 3 / C
  • Tax Tract Number 228
  • Assessor Parcel Number 5116009002
  • $390 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $675
  • Fuel Expense $675
  • Insurance Expense $2,148
  • Maintenance Expense $2,718
  • Trash Expense $675
  • Water Sewer Expense $675
  • New Taxes Expense $8,738
  • Operating Expense $16,304
  • Gross Income $54,972
  • Net Operating Income $42,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • CapRate: 6.13
  • Property Attached: No
  • Water Sewer Expenses: 675.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5116009002
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 323.96

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 675.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3967.00
  • Lot Size Acres: 0.0911

Multi Family

  • Electric Expense: 675.00
  • Fuel Expense: 675.00
  • Gross Income: 54972.00
  • Gross Multiplier: 11.23
  • Gross Operating Income: 59143.00
  • Gross Scheduled Income: 62256.00
  • Insurance Expense: 2148.00
  • Lot Size Area: 3967.0000 Square Feet
  • Maintenance Expense: 2718.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 42840.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16304.00
  • Operating Expense Percent: 26.00
  • Rent Control: Yes
  • Total Expenses: 16304.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8738.00
  • Tax Block: C
  • Tax Census Tract: 2282.20
  • Tax Lot: 3
  • Tax Tract Number: 228...
  • TaxOtherAnnualAssessmentAmount: 390.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Sep 1, 2023
Sold by
Herbst Lucas and Herbst Toni
Bought by
Rivas Juan Antonio and Rivas Andy Bryan
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Boris Almengor
Lyon Stahl Investment Real Est
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Views
76
Current Estimated Value
$763,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,872
Avg. Annual Appreciation
5.26%
Original Mortgage
$672,592
Outstanding Balance
$658,327
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$105,545

Purchase Details

Listed on
Apr 14, 2022
Closed on
Apr 25, 2022
Sold by
Stein Sylvia
Bought by
Herbst Lucas and Nocita Toni
Seller's Agent
Bryan Castillo
Castillo Realty Group, Inc.
Buyer's Agent
Bryan Castillo
Castillo Realty Group, Inc.
List Price
$525,000
Sold Price
$580,000
Premium/Discount to List
$55,000
10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$250,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2022
Closed on
Mar 24, 2022
Sold by
Stein Sylvia
Bought by
Sylvia Stein Living Trust
Seller's Agent
Bryan Castillo
Castillo Realty Group, Inc.
Buyer's Agent
Bryan Castillo
Castillo Realty Group, Inc.
List Price
$525,000
Sold Price
$580,000
Premium/Discount to List
$55,000
10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2014
Closed on
Dec 30, 2014
Sold by
Saghian Soleiman
Bought by
Stein Sylvia
Seller's Agent
Rick Martinez
Citi Homes Realty
Buyer's Agent
Bryan Castillo
Castillo Realty Group, Inc.
List Price
$390,000
Sold Price
$377,000
Premium/Discount to List
-$13,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$282,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2012
Closed on
May 7, 2012
Sold by
Flores Yolanda G
Bought by
Saghian Soleiman
Seller's Agent
Rick Martinez
Citi Homes Realty
List Price
$209,000
Sold Price
$195,000
Premium/Discount to List
-$14,000
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.63%
Original Mortgage
$146,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Garcia Flores Yolanda Garcia and Garcia Flores Yoland
Bought by
Flores Yolanda Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2002
Sold by
Flores Karina
Bought by
Flores Yolanda Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.99%

Purchase Details

Closed on
May 3, 2000
Sold by
Flores Karina
Bought by
Garcia Flores Karina and Garcia Flores Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
9.99%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Cruz Ramona
Bought by
Flores Karina

Purchase Details

Closed on
Jan 28, 1999
Sold by
Flores Karina M
Bought by
Cruz Ramona

Purchase Details

Closed on
Oct 30, 1996
Sold by
Garcia Yolanda
Bought by
Flores Karina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,959
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1996
Sold by
Clewes Esther and Wilson Margie L
Bought by
Castillo Ana Coralia and Campos Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,029
Interest Rate
7.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivas Juan Antonio $685,000 Old Republic Title Company
Herbst Lucas $580,000 Provident Title
Sylvia Stein Living Trust -- --
Stein Sylvia $377,000 Old Republic Title Company
Saghian Soleiman $195,000 Ticor Title Co
Flores Yolanda Garcia -- United Title Company
Flores Yolanda Garcia -- First American Title Co
Garcia Flores Karina -- First American Title Co
Flores Karina -- --
Cruz Ramona -- --
Flores Karina M $158,000 --
Castillo Ana Coralia $125,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Juan Antonio $672,592
Previous Owner Herbst Lucas $250,000
Previous Owner Stein Sylvia $282,750
Previous Owner Saghian Soleiman $146,250
Previous Owner Flores Yolanda Garcia $275,000
Previous Owner Flores Yolanda Garcia $243,000
Previous Owner Garcia Flores Karina $182,750
Previous Owner Flores Karina M $154,959
Previous Owner Castillo Ana Coralia $124,029
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $680,000 -2.7% $324 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $699,000 +4.3% $333 / Sq Ft
05/16/2023 05/16/23 Price Changed $670,000 -4.1% $319 / Sq Ft
04/28/2023 04/28/23 For Sale $699,000 +20.5% $333 / Sq Ft
05/06/2022 05/06/22 Sold $580,000 -3.3% $276 / Sq Ft View Prior Sale
04/20/2022 04/20/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $600,000 +14.3% $286 / Sq Ft
04/14/2022 04/14/22 For Sale $525,000 +39.3% $250 / Sq Ft
01/08/2015 01/08/15 Sold $377,000 -3.3% $180 / Sq Ft View Prior Sale
11/10/2014 11/10/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $390,000 +100.0% $186 / Sq Ft
06/25/2012 06/25/12 Sold $195,000 -6.7% $93 / Sq Ft View Prior Sale
04/15/2012 04/15/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $209,000 -- $100 / 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 $8,615 $698,700 $510,000 $188,700
2024 $8,615 $685,000 $500,000 $185,000
2023 $7,492 $591,600 $387,600 $204,000
2022 $5,366 $426,957 $203,852 $223,105
2021 $5,294 $418,586 $199,855 $218,731
2020 $5,343 $414,295 $197,806 $216,489
2019 $5,140 $406,173 $193,928 $212,245
2018 $5,050 $398,210 $190,126 $208,084
2016 $4,814 $382,749 $182,745 $200,004
2015 $3,779 $295,867 $142,238 $153,629
2014 $3,809 $290,072 $139,452 $150,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23070871

California Regional Multiple Listing Service (CRMLS)

APN: 5116-009-002