NOT LISTED FOR SALE

450 W Elm St Compton, CA 90220

Estimated Value: $700,947 - $807,000

3 Beds
2 Baths
1,456 Sq Ft
$504/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $559,900 $385 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,024/month

14 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Tile Flooring
  • Contemporary Architecture
  • Laundry Room
  • Turnkey

About This Home

As of December 2020

There are 2 separate homes on one lot. This is a corner lot that faces Elm and Aranbe...the physical address is on 614 Aranbe. The front home has 2 bedrooms and one bath and has been tastefully done and the back home has one bedroom and one bath and is tenant occupied. The backyard is spacious and green with a patio to relax and enjoy get-together's with family and friends. Enter into the front home and you will experience an open and airy living room with modern color tones, wood laminate flooring, and high ceilings. The serene master bedroom is spacious and has lots of closet space and a master bathroom en-suite. The en-suite has fresh white cabinet vanity, shower over tub, and upgraded fixtures. There is another bedroom close by with spacious closet space. The kitchen is updated with white cabinetry, shaker tile back-splash, stainless steel appliances, and beautiful counter tops. The dining room flows seamlessly from the kitchen and has a gorgeous light fixture. The back home is rented on a month to month lease. Great opportunity to own this beautiful property! Don't let this one get away!

Last Agent to Sell the Property

Venus Martinez

Redfin Corporation License #01206834 Listed on: 08/13/2020

Redfin Corporation

Last Buyer's Agent

Les James

Onyx Realty & Finc. Serv., Inc License #01750560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,021

Year Built

  • Built in 1922

Lot Details

  • 5,255 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Duplex
  • Contemporary Architecture
  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 9 / E
  • Tax Tract Number 4000
  • Assessor Parcel Number 6151021024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $16,800
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,021

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, Stove, Dishwasher (Front House), Over the Range Microwave, 4 Ring security cameras, 1 Ring doorbell
  • Other Phone Description: 562-201-3772
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: COR2YY
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6151021024
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 384.55
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Heater, Self Cleaning Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Individual Room, 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5255.00
  • Lot Size Acres: 0.1206

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Lot Size Area: 5255.0000 Square Feet
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 1400.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 5426.02
  • Tax Lot: 9
  • Tax Tract Number: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 25, 2020
Sold by
Martinez Anyeli Viviana
Bought by
Martinez Matthew
Seller's Agent
Venus Martinez
Redfin Corporation
Buyer's Agent
Les James
Onyx Realty & Finc. Serv., Inc
List Price
$559,900
Sold Price
$559,900
Total Days on Market
14
Current Estimated Value
$734,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,337
Avg. Annual Appreciation
5.27%
Original Mortgage
$419,925
Outstanding Balance
$377,912
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$328,344

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 23, 2020
Sold by
Martinez Dina
Bought by
Martinez Hector
Seller's Agent
Venus Martinez
Redfin Corporation
Buyer's Agent
Les James
Onyx Realty & Finc. Serv., Inc
List Price
$559,900
Sold Price
$559,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,925
Outstanding Balance
$377,912
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$328,344

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 20, 2020
Sold by
Palma Lucero
Bought by
Martinez Mark
Seller's Agent
Venus Martinez
Redfin Corporation
Buyer's Agent
Les James
Onyx Realty & Finc. Serv., Inc
List Price
$559,900
Sold Price
$559,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,925
Outstanding Balance
$377,912
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$328,344

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 13, 2020
Sold by
Little Emily
Bought by
Martinez Mark and Martinez Matthew
Seller's Agent
Venus Martinez
Redfin Corporation
Buyer's Agent
Les James
Onyx Realty & Finc. Serv., Inc
List Price
$559,900
Sold Price
$559,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,925
Outstanding Balance
$377,912
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$328,344

Purchase Details

Closed on
Sep 9, 2019
Sold by
Little Brian
Bought by
Little Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,304
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 1, 2018
Sold by
Little Brian
Bought by
Little Emily
Seller's Agent
Julio Gonzalez
Keller Williams SELA
Buyer's Agent
Adam Gerber
Realty Source Incorporated
List Price
$469,999
Sold Price
$485,000
Premium/Discount to List
$15,001
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$476,215
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 5, 2018
Closed on
Feb 22, 2018
Sold by
Jga Group Llc
Bought by
Little Emily
Seller's Agent
Julio Gonzalez
Keller Williams SELA
Buyer's Agent
Adam Gerber
Realty Source Incorporated
List Price
$469,999
Sold Price
$485,000
Premium/Discount to List
$15,001
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2017
Sold by
Hoskin Cynthia
Bought by
Jga Group Llc
Source: Public Records

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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
Martinez Matthew -- North American Title Co Inc
Martinez Hector -- North American Title Co Inc
Martinez Mark -- North American Title Co Inc
Martinez Mark $560,000 North American Title
Little Emily -- Title365
Little Emily -- Old Republic Title Company
Little Emily $485,000 Old Republic Title Company
Jga Group Llc $275,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Mark $419,925
Previous Owner Little Emily $472,304
Previous Owner Little Emily $476,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $559,900 0.0% $385 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $559,900 +15.4% $385 / Sq Ft
03/29/2018 03/29/18 Sold $485,000 +3.2% $333 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $469,999 -- $323 / 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
2024 $11,021 $594,275 $212,241 $382,034
2023 $10,868 $582,624 $208,080 $374,544
2022 $9,605 $571,200 $204,000 $367,200
2021 $9,711 $560,000 $200,000 $360,000
2020 $8,628 $504,594 $208,080 $296,514
2019 $8,526 $494,700 $204,000 $290,700
2018 $5,102 $280,500 $158,100 $122,400
2016 $792 $16,179 $9,911 $6,268
2015 $773 $15,937 $9,763 $6,174
2014 $779 $15,626 $9,572 $6,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20164468

California Regional Multiple Listing Service (CRMLS)

APN: 6151-021-024