NOT LISTED FOR SALE

4810 E Mcmillan St Compton, CA 90221

East Compton Neighborhood

Estimated Value: $734,000 - $856,000

5 Beds
2 Baths
1,322 Sq Ft
$598/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $660,000 $499 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,947/month

67 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Rectangular Lot
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • Wall Furnace

About This Home

As of September 2021

Back on The Market, Subject to Cancellation of Current Escrow. Fantastic Opportunity Here, Two Units: Front House is Two Bedroom and One Bath -Tenant Occupied. Back Unit is Three Bedroom and One Bath- Owner Occupied. This Home Has Had Many Upgrades. To start this Terrific Long Rectangular Lot allows for 6 to 8 Cars in Driveway. Both Homes Have been Upgraded with All New Electrical, New Roofs, One New Construction on Over Sized Two Car Garage, May be a Candidate for ADU. Large Covered Patio for Both Homes. Well well Cared for Property. Proud of Ownership.

Last Agent to Sell the Property

Claudia Arriola

RE/MAX Dynasty License #01513249 Listed on: 04/23/2021

RE/MAX Dynasty

Last Buyer's Agent

Damaris Duran Noriega

Supreme Realty License #01770636

Supreme Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,977 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • 1,322 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / 1
  • Tax Tract Number 11858
  • Assessor Parcel Number 6185014009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LCA1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6185014009
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 499.24

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 7977.00
  • Lot Size Acres: 0.1831

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 18000.00
  • Lot Size Area: 7977.0000 Square Feet
  • Net Operating Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1500.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5418.02
  • Tax Lot: 9
  • Tax Tract Number: 11858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Herrera Ilse Tapia
Bought by
Cruz Jorge Olivares and Covarrubias Maria
Current Estimated Value
$790,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.5%

Purchase Details

Closed on
Oct 7, 2019
Sold by
Cruz Jorge Olivares and Covarrubias Maria
Bought by
Cruz Jorge Olivares and Covarrubias Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.5%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Fernandez Ramiro and Fernandez Jose J
Bought by
Cruz Jorge Olivares

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,437
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2010
Sold by
Covarrubias Maria Concepcion Villavicencio
Bought by
Cruz Jorge Olivares

Purchase Details

Closed on
Aug 17, 2007
Sold by
Fernandez Ramiro
Bought by
Fernandez Ramiro and Fernandez Jose J

Purchase Details

Closed on
Mar 17, 2006
Sold by
Fernandez Rosa M
Bought by
Fernandez Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 2006
Sold by
Vega Orlando
Bought by
Fernandez Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 20, 2005
Sold by
Alejandre Angelica
Bought by
Vega Orlando N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Picazo Maria and Picazo Rosabla
Bought by
Alejandre Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Cruz Jorge Olivares -- None Available
Cruz Jorge Olivares -- Provident Title Company
Cruz Jorge Olivares $180,000 Investors Title Company
Cruz Jorge Olivares -- Investors Title Company
Fernandez Ramiro -- Accommodation
Fernandez Ramiro -- Advantage Title Inc
Fernandez Ramiro $460,000 Advantage Title Inc
Vega Orlando N -- --
Alejandre Angelica $360,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Jorge Olivares $306,000
Previous Owner Cruz Jorge Olivares $175,437
Previous Owner Fernandez Ramiro $90,000
Previous Owner Fernandez Ramiro $360,000
Previous Owner Alejandre Angelica $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $660,000 0.0% $499 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $660,000 0.0% $499 / Sq Ft
06/16/2021 06/16/21 For Sale $660,000 +5.6% $499 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $625,000 -- $473 / 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 $9,515 $700,397 $424,483 $275,914
2024 $9,375 $686,664 $416,160 $270,504
2023 $9,088 $673,200 $408,000 $265,200
2022 $8,449 $660,000 $400,000 $260,000
2021 $4,198 $266,393 $116,036 $150,357
2020 $3,455 $206,724 $114,847 $91,877
2019 $3,427 $202,672 $112,596 $90,076
2018 $3,263 $198,699 $110,389 $88,310
2016 $3,105 $190,985 $106,103 $84,882
2015 $2,965 $188,117 $104,510 $83,607
2014 $2,927 $184,433 $102,463 $81,970
Source: Public Records

Agents Affiliated with this Home

  • Claudia Arriola

    Seller's Agent in 2021

    Claudia Arriola

    RE/MAX

    (562) 698-8454

    1 in this area

    18 Total Sales

    Claudia Arriola
    Section Image
  • Damaris Duran Noriega

    Buyer's Agent in 2021

    Damaris Duran Noriega

    RE/MAX

    (562) 276-6750

    1 in this area

    13 Total Sales

    Damaris Duran Noriega
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21086605

California Regional Multiple Listing Service (CRMLS)

APN: 6185-014-009

California Los Angeles County Compton 90221 East Compton

4810 E Mcmillan St, Compton, CA

Not Listed for Sale

MultiFamily

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