NOT LISTED FOR SALE

5024 Compton Ave Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $667,372 - $738,000

5 Beds
2 Baths
2,004 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 13, 2013

Last sale price $235,000 $117 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $4,036/month

193 Days on Market

About This Home

As of March 2013

Probate sale that should not require court approval... Duplex that consists of 2 seperate houses, the back house is approx 996 square feet with 3 bedrooms, 1 bathroom, large living room and 3 spacious bedrooms. The front house is approx 1,008 square feet and is being used as a 3 bedroom although the tax records show it as a 2 bed. This home has a huge living room, 2 bedrooms, large laundry room and 1 bathroom.... Please read all agent remarks before sending and offers.....

Last Agent to Sell the Property

Craig Marson

First Team Real Estate License #01210177 Listed on: 07/17/2012

First Team Real Estate

Last Buyer's Agent

David Gomez

Realty Executives Com. & Res. License #01805497

Realty Executives Com. & Res.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 4,543 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,004 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 5106023022

Community Details

Overview

  • 20 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,948
  • Net Operating Income $25,869

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.82
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5106023022
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 117.27

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4543.00
  • Lot Size Acres: 0.1040

Multi Family

  • Average2 Bed Area: 1008
  • Average3 Bed Area: 996
  • Gross Multiplier: 8.16
  • Gross Scheduled Income: 29280.00
  • Net Operating Income: 25869.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1947.00
  • Operating Expense Percent: 7.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3948.00
  • Tax Area: 6659
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2020
Sold by
Lara Hilario and Ibarra Hilario Lara
Bought by
Lara Hilario and The Lara Family Trust
Current Estimated Value
$712,093

Purchase Details

Closed on
Jan 27, 2020
Sold by
Ibarra Hilario Lara
Bought by
Ibarra Hilario Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Outstanding Balance
$200,542
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$511,551

Purchase Details

Closed on
Feb 14, 2018
Sold by
Kim Angela and Kim Linda Celeste
Bought by
Celange Properties Llc

Purchase Details

Listed on
Jul 17, 2012
Closed on
Feb 7, 2013
Sold by
Borden Alex R and Estate Of Jose Gonzalez
Bought by
Lara Hilario
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
David Gomez
Realty Executives Com. & Res.
List Price
$329,000
Sold Price
$235,000
Premium/Discount to List
-$94,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$176,250
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2002
Sold by
Gonzalez Luz
Bought by
Gonzalez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Price Curren and Estate Of Mary Metoyer
Bought by
Gonzalez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lara Hilario -- None Available
Ibarra Hilario Lara -- Stewart Title Of Ca Inc
Celange Properties Llc -- None Available
Lara Hilario $235,000 North American Title Company
Borden Alex R -- North American Title Company
Gonzalez Jose -- Fidelity
Gonzalez Jose $171,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibarra Hilario Lara $217,000
Previous Owner Lara Hilario $176,250
Previous Owner Gonzalez Jose $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2013 03/13/13 Sold $235,000 -28.6% $117 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
07/17/2012 07/17/12 For Sale $329,000 -- $164 / 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 $3,761 $289,371 $184,707 $104,664
2024 $3,761 $283,698 $181,086 $102,612
2023 $3,693 $278,136 $177,536 $100,600
2022 $3,529 $272,683 $174,055 $98,628
2021 $3,478 $267,338 $170,643 $96,695
2020 $3,558 $264,598 $168,894 $95,704
2019 $3,379 $259,411 $165,583 $93,828
2018 $3,288 $254,326 $162,337 $91,989
2016 $3,126 $244,452 $156,034 $88,418
2015 $3,083 $240,781 $153,691 $87,090
2014 $3,104 $236,066 $150,681 $85,385
Source: Public Records

Agents Affiliated with this Home

  • Craig Marson

    Seller's Agent in 2013

    Craig Marson

    First Team Real Estate

    (562) 682-1944

    192 Total Sales

    Craig Marson
    Section Image
  • David Gomez

    Buyer's Agent in 2013

    David Gomez

    Realty Executives

    (323) 715-6261

    29 Total Sales

    David Gomez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1203836

California Regional Multiple Listing Service (CRMLS)

APN: 5106-023-022

California Los Angeles County Los Angeles 90011 Central Alameda

5024 Compton Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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