NOT LISTED FOR SALE

536 E Banning St Compton, CA 90222

4 Beds
4 Baths
1,861 Sq Ft
0.5 Acres

Last Sold May 27, 2016

Last sale price $400,000 $215 Per Sq Ft

23 Days on Market

About This Home

As of May 2016

MOTIVATED SELLER. This is a great CASH COW. This 4 Plex features three 1 bedroom, 1 bath units and one single that have stable tenants paying great monthly rents AND there is an opportunity to make more. Do the math and send me an offer.

Last Agent to Sell the Property

Mark Velasco

West Shores Realty, Inc. License #01789768 Listed on: 02/07/2016

West Shores Realty, Inc.

Last Buyer's Agent

Mark Velasco

West Shores Realty, Inc. License #01789768 Listed on: 02/07/2016

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.5 Acre Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 1,861 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6169023009

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Gross Income $3,960
  • Net Operating Income $44,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • CapRate: 8.09
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6169023009
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 214.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 21725.00
  • Price Per Lot Square Foot: 18.41
  • Lot Size Acres: 0.4990

Multi Family

  • Gross Income: 3960.00
  • Gross Scheduled Income: 47520.00
  • Insurance Expense: 600.00
  • Lot Size Area: 21725.0000 Square Feet
  • Net Operating Income: 44520.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3000.00
  • Rent Control: No
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $400,000 -27.3% $215 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $550,000 -- $296 / 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 $9,039 $473,513 $177,566 $295,947
2024 $9,039 $464,230 $174,085 $290,145
2023 $8,941 $455,128 $170,672 $284,456
2022 $8,468 $446,205 $167,326 $278,879
2021 $8,541 $437,457 $164,046 $273,411
2019 $8,310 $424,483 $159,181 $265,302
2018 $7,788 $416,160 $156,060 $260,100
2016 $3,310 $158,905 $132,426 $26,479
2015 $3,183 $156,519 $130,437 $26,082
2014 $3,163 $153,454 $127,882 $25,572
Source: Public Records

Agents Affiliated with this Home

  • Mark Velasco

    Seller's Agent in 2016

    Mark Velasco

    West Shores Realty, Inc.

    (626) 392-9499

    37 Total Sales

    Mark Velasco
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16025885

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Compton 90222

536 E Banning St, Compton, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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