NOT LISTED FOR SALE

Estimated Value: $980,285

6 Beds
4 Baths
3,128 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2016

Last sale price $550,000 $176 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,241 / mo

81 Days on Market

About This Home

As of June 2016

BACK IN THE MARKET property won't last!!!! Great 4 unit building for sale in a nice part of Compton. 2 units are 1B/1B and 2 units are 2B/2B. Separate gas and electric meters, laundry area and garage space for all units. No rent control.

Last Agent to Sell the Property

Jaime Bermeo

Realty One Group United License #01315740 Listed on: 03/03/2016

Last Buyer's Agent

Cesar Gonzalez

Real Estate Source, Inc. License #01358685

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,474 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,128 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 180
  • Tax Tract Number 10377
  • Assessor Parcel Number 6180003011

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $600
  • Insurance Expense $1,644
  • Professional Management Expense $3,101
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,875
  • Gross Income $4,530
  • Net Operating Income $35,436

Additional Features

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

4,474 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 6.40
  • Professional Management Expense: 3101.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Window Bars
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6180003011
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 175.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4474.00
  • Price Per Lot Square Foot: 122.93
  • Lot Size Acres: 0.1030

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4530.00
  • Gross Multiplier: 10.60
  • Gross Scheduled Income: 54360.00
  • Insurance Expense: 1644.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4474.0000 Square Feet
  • Maintenance Percent: 2.00
  • Net Operating Income: 35436.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16254.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Lot: 180
  • Tax Tract Number: 10377

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jun 3, 2016
Sold by
Bought by
Seller's Agent
Jaime Bermeo
Realty One Group United
Buyer's Agent
Cesar Gonzalez
Real Estate Source, Inc.
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$980,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,285
Avg. Annual Appreciation
5.88%
Original Mortgage
$325,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 24, 2016
Sold by
Bought by
Seller's Agent
Jaime Bermeo
Realty One Group United
Buyer's Agent
Cesar Gonzalez
Real Estate Source, Inc.
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,356
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2011
Sold by
Bought by

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
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2011
Sold by
Bought by

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
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.28%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.28%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.16%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.16%

Purchase Details

Closed on
Jan 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.16%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
$550,000 Lawyers Title
$422,000 Provident Title Company
$250,002 Stc
-- Accommodation
$605,000 Financial Title Company La
$296,000 Utc
$199,900 Orange Coast Title
-- --
-- --
$260,000 --
$155,000 Chicago Title Co
$151,648 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $425,000
Closed $325,000
Previous Owner $414,356
Previous Owner $250,000
Previous Owner $60,500
Previous Owner $484,000
Previous Owner $65,000
Previous Owner $266,400
Previous Owner $182,000
Previous Owner $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2016 06/22/16 Sold $550,000 0.0% $176 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $550,000 +30.3% $176 / Sq Ft
09/12/2013 09/12/13 Sold $422,000 -10.0% $135 / Sq Ft View Prior Sale
06/04/2013 06/04/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $469,000 -- $150 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,115 $651,082 $177,566 $473,516
2024 $9,814 $638,317 $174,085 $464,232
2023 $9,359 $625,802 $170,672 $455,130
2022 $8,762 $613,532 $167,326 $446,206
2021 $8,909 $601,503 $164,046 $437,457
2019 $8,672 $583,664 $159,181 $424,483
2018 $8,475 $572,220 $156,060 $416,160
2016 $6,751 $436,994 $126,334 $310,660
2015 $6,432 $430,431 $124,437 $305,994
2014 $6,341 $422,000 $122,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16044886

California Regional Multiple Listing Service (CRMLS)

APN: 6180-003-011

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