NOT LISTED FOR SALE

525 W Almond St Compton, CA 90220

Estimated Value: $607,000 - $814,000

4 Beds
2 Baths
1,536 Sq Ft
$455/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $630,000 $410 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,813/month

14 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Tile Flooring
  • Laundry Room
  • Accessible Parking
  • Chain Link Fence

About This Home

As of October 2024

Great Investment Opportunity as duplex has not been on the market in almost half a century. Well maintained 2 bedroom and 1 bathroom duplex, detached 2 car garage, and a nice size front and backyard. Each unit has a spacious living room, kitchen and 2 nice size bedrooms. Both units are on the ground level and only have one common wall that separates them. Both units are occupied and one unit will be delivered vacant.

Last Agent to Sell the Property

Marcia Goodman

UNITED REALTY GROUP License #01483500 Listed on: 05/16/2024

Last Buyer's Agent

WAYNE WYATT

KELLER WILLIAMS EMPIRE ESTATES License #01294185

KELLER WILLIAMS EMPIRE ESTATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1945

Lot Details

  • 6,438 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 4th floor
  • Shingle Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Insulated Doors
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 31
  • Tax Tract Number 11908
  • Assessor Parcel Number 6161018017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,265
  • Other Expense $2,199
  • Water Sewer Expense $1,500
  • Operating Expense $6,164
  • Gross Income $25,200
  • Net Operating Income $19,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,199

Year Built

Built in 1945

Lot Details

6,438 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: CORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6161018017
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Entry Level: 4
  • Levels: One
  • Price Per Square Foot: 410.16
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6438.00
  • Lot Size Acres: 0.1478

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 1265.00
  • Lot Size Area: 6438.0000 Square Feet
  • Net Operating Income: 19036.00
  • 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: 6164.00
  • Other Expense: 2199.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Expenses: 6164.00

Tax Info

  • Tax Census Tract: 5425.02
  • Tax Lot: 31
  • Tax Tract Number: 11908
  • Tax Annual Amount: 2199.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Oct 8, 2024
Sold by
Smith Trust and Starks Tali
Bought by
Johnson Terica
Seller's Agent
Marcia Goodman
UNITED REALTY GROUP
Buyer's Agent
WAYNE WYATT
KELLER WILLIAMS EMPIRE ESTATES
List Price
$549,990
Sold Price
$630,000
Premium/Discount to List
$80,010
14.55%
Views
50
Current Estimated Value
$698,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,318
Avg. Annual Appreciation
8.05%
Original Mortgage
$19,950
Outstanding Balance
$19,740
Interest Rate
6.35%
Estimated Equity
$678,578

Purchase Details

Closed on
Nov 8, 1999
Sold by
Smith Lorraine S
Bought by
Smith Lorraine S and Smith Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Terica $600,000 Ticor Title
Smith Lorraine S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Terica $19,950
Open Johnson Terica $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $630,000 +14.5% $410 / Sq Ft
06/05/2024 06/05/24 For Sale $549,990 -12.7% $358 / Sq Ft
06/04/2024 06/04/24 Off Market $630,000 -- --
05/30/2024 05/30/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $549,990 -12.7% $358 / Sq Ft
05/23/2024 05/23/24 Off Market $630,000 -- --
05/23/2024 05/23/24 For Sale $549,990 -12.7% $358 / Sq Ft
05/22/2024 05/22/24 Off Market $630,000 -- --
05/16/2024 05/16/24 For Sale $549,990 -- $358 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,245 $600,000 $440,000 $160,000
2024 $2,245 $53,528 $21,915 $31,613
2023 $2,198 $52,480 $21,486 $30,994
2022 $1,476 $51,452 $21,065 $30,387
2021 $1,474 $50,444 $20,652 $29,792
2019 $1,442 $49,270 $20,041 $29,229
2018 $1,354 $48,312 $19,649 $28,663
2016 $1,286 $46,131 $18,887 $27,244
2015 $1,244 $45,439 $18,604 $26,835
2014 $1,240 $44,550 $18,240 $26,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24088046

California Regional Multiple Listing Service (CRMLS)

APN: 6161-018-017

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