NOT LISTED FOR SALE

515 N Rose Ave Compton, CA 90221

Estimated Value: $614,000 - $741,432

4 Beds
2 Baths
1,359 Sq Ft
$482/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $595,000 $438 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,393/month

21 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Breakfast Area or Nook
  • Traditional Architecture
  • Den
  • 5-minute walk to Wilson Park

About This Home

As of October 2024

EXCITING INVESTOR/DEVELOPMENT OPPORTUNITY!!! Experience a Prime Opportunity to build up to 4 units on this COPRH* zoned, 6, 245 square foot lot property. This property is surrounded by similar size lots which are either duplexes, triplexes, or multifamily units. This prime location is perfect for developers and investors looking to create high-quality and profitable housing developments. With ample space and endless potential, this lot is the perfect canvas for your next project. Take advantage of the thriving real estate market and build multi-unit housing that will attract renters and generate long-term income. Or build 3+ houses with ADUs to sell! Don't miss out on this rare opportunity to build in a rapidly developing area. Act now and create more housing solutions! Probate Sale - NO COURT CONFIRMATION Required. This property currently is a: 4 bedroom, 2 full baths, with den, living room, detached 2-car garage (laundry inside) with attached artist studio and a very long driveway. *The four renderings are used only to reflect what may be possible to build on the site. Buyer to perform own due diligence regarding zoning, permits, rent control,square footage and etc.

Last Agent to Sell the Property

Taunee English

Lions Realty Group License #01475921 Listed on: 07/22/2024

Last Buyer's Agent

Arthur Hernandez

Wallstreet Realty License #01840044

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,245 Sq Ft Lot
  • Lot Dimensions are 48x130
  • Property is zoned COPRH*

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,359 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Den
  • Tile Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6166-015-009

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: EXCITING INVESTOR/DEVELOPMENT OPPORTUNITY!!! Experience the exciting opportunity to build 3-8 units on this COPRH zoned, 6, 245 square foot lot property. This property is surrounded by similar size lots which are either duplexes, triplexes, or multifamily units. This prime location is perfect for developers and investors looking to create high-quality and profitable housing developments. With ample space and endless potential, this lot is the perfect canvas for your next project. Take advantage of the thriving real estate market and build multi-unit housing that will attract renters and generate long-term income. Or build 3+ houses with ADUs to sell! Don't miss out on this rare opportunity to build in a rapidly developing area. Act now and create more housing solutions! Probate Sale - NO COURT CONFIRMATION Required. Current property is a 4 beds, 2 baths, 2-car garage (laundry inside).
  • Living Area: 1359
  • Lot Acreage: 0.1434
  • Lot Dimensions: 48x130
  • Planned Urban Dev: 0
  • Probate: Yes
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: 1028

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Gas Or Electric Dryer Hookup, Ceiling Fan
  • Price Per S Q F T: 439.87

Exterior Features

  • Other Structures: Shed(s)
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached, Driveway
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6166-015-009
  • Lot Size Area: 6245

Rental Info

  • Court Approve: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Aug 27, 2024
Sold by
Pinkney Mary Louise and Pinkney Arnold
Bought by
Valenzuela Andres O
Seller's Agent
Taunee English
Lions Realty Group
Buyer's Agent
Arthur Hernandez
Wallstreet Realty
List Price
$597,777
Sold Price
$595,000
Premium/Discount to List
-$2,777
-0.46%
Views
32
Current Estimated Value
$655,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,608
Avg. Annual Appreciation
8.35%
Original Mortgage
$535,500
Outstanding Balance
$528,949
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$126,659
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Valenzuela Andres O $595,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzuela Andres O $535,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $595,000 -0.5% $438 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $597,777 -- $440 / Sq Ft
Source: The MLS

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 $11,500 $595,000 $503,100 $91,900
2024 $11,500 $647,700 $408,000 $239,700
2023 $1,461 $39,988 $18,819 $21,169
2022 $1,090 $39,204 $18,450 $20,754
2021 $1,083 $38,437 $18,089 $20,348
2019 $1,058 $37,299 $17,553 $19,746
2018 $989 $36,568 $17,209 $19,359
2016 $935 $35,150 $16,542 $18,608
2015 $907 $34,623 $16,294 $18,329
2014 $902 $33,945 $15,975 $17,970
Source: Public Records

Agents Affiliated with this Home

  • Taunee English

    Seller's Agent in 2024

    Taunee English

    Lions Realty Group

    (818) 679-6238

    1 in this area

    16 Total Sales

    Taunee English
    Section Image
  • Arthur Hernandez

    Buyer's Agent in 2024

    Arthur Hernandez

    Wallstreet Realty

    (562) 863-2121

    1 in this area

    28 Total Sales

    Arthur Hernandez
    Section Image
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Map

Source: The MLS

MLS Number: 24-419029

The MLS

APN: 6166-015-009

California Los Angeles County Compton 90221

515 N Rose Ave, Compton, CA

Not Listed for Sale

Detached

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