Daniel Avendano
Century 21 Allstars
(424) 360-2126
46 Total Sales
1 in Compton
$710,000 Price
527 W Rosecrans Ave Compton, CA 90222
Compton AreaEstimated Value: $1,794,642
6
Beds
7
Baths
5,708
Sq Ft
$314/Sq Ft
Est. Value
About This Home
As of August 2016We have been selected to exclusively market for sale a well-maintained and recently renovated mixed-use apartment/retail property. The city of Compton’s location affords residents a centralized Los Angeles location with easy access to Los Angeles as well as the South Bay and Orange County. The location provides easy access to the 110, 91 and 405 freeways as well as the Metro Blue Line rail line.
The property was built in 1949 and features five apartment units and three retail units. The apartment units consist of three one-bedroom/one-bath units and two, two-bedroom/one-bath units. All of the apartments have been recently remodeled. Each apartment unit is separately metered for gas and electricity and feature gas heating as well as gas stoves. The three retail units consist of a party and flower shop, a Zumba/Dance Studio and a T-shirt Shop. Each retail space is separately metered and has a roll up safety door that was recently installed. The entire building was recently re-stuccoed and all the windows have been replaced with new vinyl windows.
In summary, this offering affords an investor the opportunity to get significant cash flow from a well located building that has little deferred maintenance.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 05/02/2016
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 5,709 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
- Land Lease
Parking
- 8 Parking Spaces
Home Design
- 5,708 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 4469
- Assessor Parcel Number 6153014018
Community Details
Overview
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Electric Expense $184
- Insurance Expense $3,081
- Maintenance Expense $2,390
- Other Expense $1,600
- Trash Expense $184
- Water Sewer Expense $4,200
- New Taxes Expense $14,720
- Gross Income $7,900
- Net Operating Income $66,493
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
Closed on
May 13, 2008
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Compton, CA
-
Daniel Avendano
-
Alex Sanchez
Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
63 Total Sales
3 in Compton
$480K - $735K Price Range
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
32 Total Sales
2 in Compton
$938,000 Price Range
-
Michelle Covington
Michelle Covington
Compass
(323) 416-3171
23 Total Sales
2 in Compton
$480K - $731K Price Range
-
Christine Cheng
Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
52 Total Sales
1 in Compton
$630,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
173 Total Sales
10 in Compton
$455K - $1.1M Price Range
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 |
|---|---|---|---|
| $495,000 | Provident Title Company |
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 |
|---|---|---|---|
| Open | $1,144,000 | ||
| Closed | $463,000 | ||
| Closed | $300,000 |
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 |
|---|---|---|---|---|
| 08/25/2016 08/25/16 | Sold | $950,000 | 0.0% | $166 / Sq Ft |
| 06/23/2016 06/23/16 | Pending | -- | -- | -- |
| 05/02/2016 05/02/16 | For Sale | $950,000 | -- | $166 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $23,126 | $1,273,223 | $405,039 | $868,184 |
| 2024 | $22,997 | $1,248,259 | $397,098 | $851,161 |
| 2023 | $22,741 | $1,223,784 | $389,312 | $834,472 |
| 2022 | $21,475 | $1,199,789 | $381,679 | $818,110 |
| 2021 | $21,666 | $1,176,265 | $374,196 | $802,069 |
| 2020 | $21,293 | $1,164,205 | $370,360 | $793,845 |
| 2019 | $18,243 | $988,379 | $363,099 | $625,280 |
| 2018 | $17,775 | $969,000 | $355,980 | $613,020 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
Seller's Agent in 2016
Kevin King
Marcus & Millichap
(562) 257-1245
39 Total Sales
-
G
Buyer's Agent in 2016
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16092254
APN: 6153-014-030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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