Seller's Agent in 2022
Sean Rosenzweig
Marcus & Millichap
(213) 943-1800
1 in this area
69 Total Sales
4620 Compton Ave Los Angeles, CA 90011
Central Alameda Neighborhood
12
Beds
8
Baths
4,690
Sq Ft
7,800
Sq Ft Lot
About This Home
As of December 2022I am pleased to offer for sale an eight-unit apartment community located at 4620 Compton Avenue. The subject property is located just south of Vernon Avenue within South Los Angeles. Situated on a 7,800 square foot parcel, the property comprises of half one-bedroom units and half two-bedroom units and was built in 1961. One of the units will be delivered vacant in rent ready condition so new ownership can immediately achieve a market rental rate. The property has 120% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 4620 Compton Avenue an excellent acquisition opportunity.
Last Agent to Sell the Property
Marcus & Millichap License #01406343 Listed on: 08/15/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,800 Sq Ft Lot
- Lot Dimensions are 60x130
Interior Spaces
- 4,690 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Uncovered Parking
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 5106-013-016
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
Aug 15, 2022
Closed on
Oct 14, 2022
Sold by
Bought by
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Sean Rosenzweig
Marcus & Millichap
List Price
$1,275,000
Sold Price
$1,180,000
Premium/Discount to List
-$95,000
-7.45%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
0.0708%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2020
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
$553,000
Interest Rate
0.029%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,180,000 | Wfg National Title | ||
| $850,000 | New Title Company Name |
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 |
|---|---|---|---|
| Previous Owner | $820,000 | ||
| Previous Owner | $553,000 |
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 |
|---|---|---|---|---|---|
| 12/08/2022 12/08/22 | Sold | $1,180,000 | -5.2% | $252 / Sq Ft | |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- | |
| 09/29/2022 09/29/22 | Price Changed | $1,245,000 | -2.4% | $265 / Sq Ft | |
| 08/15/2022 08/15/22 | For Sale | $1,275,000 | +50.0% | $272 / Sq Ft | |
| 08/12/2021 08/12/21 | Sold | $850,000 | -22.7% | $181 / Sq Ft | View Prior Sale |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- | |
| 08/03/2020 08/03/20 | For Sale | $1,100,000 | -- | $235 / Sq Ft |
Source: The MLS
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 | $15,806 | $1,227,672 | $707,472 | $520,200 |
| 2024 | $15,587 | $1,203,600 | $693,600 | $510,000 |
| 2023 | $15,300 | $1,180,000 | $680,000 | $500,000 |
| 2022 | $11,045 | $850,000 | $500,000 | $350,000 |
| 2021 | $8,034 | $589,768 | $122,362 | $467,406 |
| 2020 | $8,102 | $583,722 | $121,108 | $462,614 |
| 2019 | $7,817 | $572,278 | $118,734 | $453,544 |
| 2018 | $7,667 | $561,057 | $116,406 | $444,651 |
| 2016 | $7,265 | $539,273 | $111,887 | $427,386 |
| 2015 | $7,169 | $531,174 | $110,207 | $420,967 |
| 2014 | $7,243 | $520,770 | $108,049 | $412,721 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Rosenzweig
-
Maria Gracia
Seller's Agent in 2021
Maria Gracia
Power Brokers
(213) 327-7406
2 in this area
14 Total Sales
Map
Source: The MLS
MLS Number: 22-189925
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