NOT LISTED FOR SALE

4253 E San Luis St Compton, CA 90221

East Compton Neighborhood

Estimated Value: $898,441 - $1,070,000

8 Beds
4 Baths
3,384 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $450,000 $133 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,791/month

91 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 5-minute walk to East Rancho Dominguez Park
  • No HOA
  • No Heating

About This Home

As of October 2013

Great investment opportunity!!! 4 units 2 bedrooms 1 bath each, with their own washer and dryer room, and 1 car garage detached. Each unit has separate electrical meter. 3 of 4 are currently rented. Located near schools and park. Property features a back yard.Don't let this opportunity pass by, make your offer today. Great income producing property this opportunity won't last.

Last Agent to Sell the Property

Elvis Wayland

RE/MAX TIME REALTY License #01441901 Listed on: 08/09/2013

RE/MAX TIME REALTY

Last Buyer's Agent

Ramon Villalvazo

C-21 Classic Estates License #01828610

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 6,035 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 3,384 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Tax Lot 82
  • Tax Tract Number 10377
  • Assessor Parcel Number 6195017032

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • Gardener Expense $900
  • Insurance Expense $1,953
  • Professional Management Expense $350
  • Water Sewer Expense $2,460
  • New Taxes Expense $7,352
  • Gross Income $3,517
  • Net Operating Income $28,757

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Professional Management Expense: 350.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2460.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6195017032
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 132.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6035.00
  • Lot Size Acres: 0.1390

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Gross Income: 3517.00
  • Gross Scheduled Income: 42204.00
  • Insurance Expense: 1953.00
  • Lot Size Area: 6035.0000 Square Feet
  • Net Operating Income: 28757.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Operating Expense: 13447.00
  • Rent Control: No
  • Total Actual Rent: 3517.00

Tax Info

  • New Taxes Expense: 7352.00
  • Tax Lot: 82
  • Tax Tract Number: 10377
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2023
Sold by
Licon Ernesto and Licon Rosario
Bought by
Licon Family Trust and Licon
Current Estimated Value
$963,860

Purchase Details

Listed on
Aug 9, 2013
Closed on
Sep 30, 2013
Sold by
Lovan Sharon R
Bought by
Lovan Charles
Seller's Agent
Elvis Wayland
RE/MAX TIME REALTY
Buyer's Agent
Ramon Villalvazo
C-21 Classic Estates
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$330,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2013
Closed on
Sep 27, 2013
Sold by
Lovan Charles
Bought by
Licon Ernesto and Licon Rosario
Seller's Agent
Elvis Wayland
RE/MAX TIME REALTY
Buyer's Agent
Ramon Villalvazo
C-21 Classic Estates
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Ella Richardson Revocable Trust
Bought by
Lovan Charles

Purchase Details

Closed on
Oct 12, 2007
Sold by
Richardson Ella
Bought by
Lovan Charles and Ella Richardson Revocable Trust
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
Licon Family Trust -- None Listed On Document
Lovan Charles -- Lawyers Title Company
Licon Ernesto $450,000 Lawyers Title Company
Lovan Charles -- None Available
Lovan Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovan Charles $330,000
Previous Owner Licon Ernesto $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2013 10/30/13 Sold $450,000 -7.2% $133 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $485,000 -- $143 / 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 $8,711 $551,628 $183,874 $367,754
2024 $8,711 $540,813 $180,269 $360,544
2023 $8,271 $530,210 $176,735 $353,475
2022 $7,763 $519,815 $173,270 $346,545
2021 $7,881 $509,623 $169,873 $339,750
2019 $7,676 $494,510 $164,836 $329,674
2018 $7,474 $484,814 $161,604 $323,210
2016 $7,100 $465,990 $155,330 $310,660
2015 $6,761 $458,991 $152,997 $305,994
2014 $6,662 $450,000 $150,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Elvis Wayland

    Seller's Agent in 2013

    Elvis Wayland

    RE/MAX

    (626) 975-1730

    7 Total Sales

    Elvis Wayland
    Section Image

  • R

    Buyer's Agent in 2013

    Ramon Villalvazo

    C-21 Classic Estates

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13126108

California Regional Multiple Listing Service (CRMLS)

APN: 6195-017-032

California Los Angeles County Compton 90221 East Compton

4253 E San Luis St, Compton, CA

Not Listed for Sale

MultiFamily

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