NOT LISTED FOR SALE

Estimated Value: $942,474

4 Beds
4 Baths
3,464 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2023

Last sale price $825,000 $238 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,075 / mo

18 Days on Market

Highlights

  • Side by Side Parking
  • Laundry Facilities
  • 3-minute walk to Slauson Senior Multipurpose Recreation Center

About This Home

As of February 2023

*** Can be purchased individually or a part of a 48-unit portfolio, contact LA1 for more information ** 5414-18 Compton Avenue is a 6-unit mixed-use property in the Central Alameda neighborhood of South LA neighborhood operating at a 5.11% current CAP and offers investors approx. 46% upside in rents . Located just North of E. 55th St, the subject property is comprised of (4) 1-bdrm. units and (2) commercial spaces that generate approx. $6,100+ in gross monthly income. Based on market rents on renovated units in the area, we believe a future investor could achieve $9,000+ in gross monthly income and operate the building at a 8.73% market CAP and 8.53 market GRM. The property amenities include on-site laundry and community laundry.

Last Agent to Sell the Property

Max Berger

Compass License #02054048 Listed on: 09/13/2022

Compass

Last Buyer's Agent

Benjamin Shamouelian

Exclusive Realty Inc License #01703755

Exclusive Realty Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,867 Sq Ft Lot

Interior Spaces

  • 3,464 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Side by Side Parking
  • Uncovered Parking

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5105-004-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

5,867 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3464
  • Lot Acreage: 0.1347
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 267.03

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Side By Side, Uncovered
  • Total Parking: 4

Lot Info

  • Assessor Parcel Number: 5105-004-016
  • Lot Size Area: 5867

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 12.51
  • Number Of Units: 6
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 2.50

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

Listed on
Sep 13, 2022
Closed on
Jan 20, 2023
Sold by
Sola Impact Fund Ii Lp
Bought by
Seller's Agent
Max Berger
Compass
Buyer's Agent
Benjamin Shamouelian
Exclusive Realty Inc
List Price
$1,025,000
Sold Price
$825,000
Premium/Discount to List
-$200,000
-19.51%
Views
48
Current Estimated Value
$942,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,474
Avg. Annual Appreciation
3.81%
Original Mortgage
$470,000
Outstanding Balance
$449,747
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$492,727

Purchase Details

Closed on
Jul 6, 2019
Sold by
Kim Elise Soohyun
Bought by
Kim Young Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 2, 2019
Sold by
Kim Michael T and Kim Ok Hee
Bought by
Sola Impact Fund Ii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 3, 2019
Sold by
Kim Young Jin
Bought by
Kim Michael T and Kim Ok Hee

Purchase Details

Closed on
Mar 25, 2016
Sold by
Kim Young Jin
Bought by
Kim Young Jin and Kim Michael T

Purchase Details

Closed on
Jan 21, 2016
Sold by
Cho Elise
Bought by
Kim Young Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2016
Sold by
Lee Bo Young
Bought by
Kim Young Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2010
Sold by
Lee Gil Soon
Bought by
Lee Bo Young

Purchase Details

Closed on
Oct 27, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Lee Bo Young

Purchase Details

Closed on
Oct 17, 2005
Sold by
First American Trust Fsb
Bought by
Ortiz Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.93%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Alameda, CA

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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
$825,000 First American Title
Kim Young Jin -- Provident Title Company
Sola Impact Fund Ii Lp $760,000 Provident Title Company
Kim Michael T -- Provident Title Company
Kim Young Jin -- None Available
Kim Young Jin -- Chicago Title
Kim Young Jin -- Chicago Title Company
Lee Bo Young -- First American Title Company
Lee Bo Young $258,500 First American Title Company
Ortiz Investments Inc $394,000 First American Title Co
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 $470,000
Previous Owner Sola Impact Fund Ii Lp $570,000
Previous Owner Kim Young Jin $400,000
Previous Owner Ortiz Investments Inc --
Previous Owner Ortiz Investments Inc $476,000
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
02/07/2023 02/07/23 Sold $825,000 -10.8% $238 / Sq Ft
10/03/2022 10/03/22 Price Changed $925,000 -9.8% $267 / Sq Ft
09/13/2022 09/13/22 For Sale $1,025,000 -- $296 / Sq Ft
Source: The MLS

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
2026 $10,805 $875,496 $583,664 $291,832
2025 $10,805 $858,330 $572,220 $286,110
2024 $10,632 $841,500 $561,000 $280,500
2023 $10,119 $798,893 $578,147 $220,746
2022 $9,657 $783,229 $566,811 $216,418
2021 $9,527 $767,873 $555,698 $212,175
2019 $7,725 $615,500 $191,017 $424,483
2018 $7,605 $603,432 $187,272 $416,160
2016 $3,659 $279,221 $162,338 $116,883
2015 $3,610 $275,028 $159,900 $115,128
2014 $3,631 $269,641 $156,768 $112,873
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-199541

The MLS

APN: 5105-004-016

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