Seller's Agent in 2021
Christian Limon
Century 21 A Better Service
(562) 644-2780
4 in this area
63 Total Sales
5518 Compton Ave Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $1,048,000 - $1,385,666
10
Beds
6
Baths
4,060
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Granite Countertops
- Living Room
- Multi-Level Bedroom
- 2 Car Direct Access Garage
- 3-minute walk to Augustus F. Hawkins Natural Park
About This Home
As of May 2021Amazing property newly Built. Great Investments opportunity. Separate Homes Built in 2016. Both Unit are occupied with good solid tenants, no rent control. This property consists of 2 Units with 5 bedrooms, 3.5 bath each of approx 4,060 SF, in 5,713 SF lot, that is over 2,000SqFt each unit. It has newer windows, electrical, plumbing, new baths, laminate flooring and tile flooring. In each unit good size bedrooms, living room and kitchen. Kitchen cabinets with granite counter tops. Back Unit has a 2 car garage, front unit has a long long driveway to park up to 3 cars. Spacious concret patio for family gatherings. Very little maintenance. Tenants pay for all Utilities, this property has a lot of potential, No Rent Control. There is upside on the rents. Market rents are $3,000 - $3,200. This is a must see home to appreciated, located in a residential and very desirable area of Los Angeles that is close to schools, shopping centers, and freeways.
Last Agent to Sell the Property
Century 21 A Better Service License #01182471 Listed on: 09/21/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,805
Year Built
- Built in 2016
Lot Details
- 5,714 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in good condition
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Turnkey
- Asbestos Shingle Roof
Interior Spaces
- 4,060 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Living Room
- Laminate Flooring
- Granite Countertops
Bedrooms and Bathrooms
- 10 Bedrooms
- Multi-Level Bedroom
- 6 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities, trash collection
- Tax Lot 80
- Assessor Parcel Number 5105016032
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $85
- Insurance Expense $125
- New Taxes Expense $717
- Operating Expense $927
- Gross Income $5,575
- Net Operating Income $4,648
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2015
Closed on
Sep 28, 2015
Sold by
Pm Developments Llc
Bought by
Chang Jason and Chang Julie
Seller's Agent
Fernando Fernandez
Big Block Powerhouse Realty
Buyer's Agent
Fernando Fernandez
Big Block Powerhouse Realty
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,045,417
Avg. Annual Appreciation
17.92%
Original Mortgage
$498,750
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 15, 2015
Closed on
Aug 3, 2015
Sold by
Johnson Family Properties Llc
Bought by
Pm Developments Llc
Seller's Agent
Fernando Fernandez
Big Block Powerhouse Realty
Buyer's Agent
Fernando Fernandez
Big Block Powerhouse Realty
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2009
Sold by
Martin Karen D and Johnson Chris A
Bought by
Johnson Family Properties Llc
Purchase Details
Closed on
Mar 10, 2006
Sold by
Johnson William A
Bought by
Johnson William A and William A Johnson Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Jason | $665,000 | Title 365 | |
| Pm Developments Llc | $240,000 | Lawyers Title Company | |
| Johnson Family Properties Llc | -- | None Available | |
| Martin Karen D | -- | None Available | |
| Johnson William A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chang Jason | $498,750 | |
| Previous Owner | Pm Developments Llc | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2021 05/05/21 | Sold | $950,000 | +1.2% | $234 / Sq Ft | |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- | |
| 09/21/2020 09/21/20 | For Sale | $939,000 | +291.3% | $231 / Sq Ft | |
| 08/21/2015 08/21/15 | Sold | $240,000 | -10.8% | $184 / Sq Ft | View Prior Sale |
| 08/18/2015 08/18/15 | Pending | -- | -- | -- | |
| 07/15/2015 07/15/15 | For Sale | $269,000 | -- | $206 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,805 | $1,028,309 | $487,093 | $541,216 |
| 2024 | $12,625 | $1,008,147 | $477,543 | $530,604 |
| 2023 | $12,385 | $988,380 | $468,180 | $520,200 |
| 2022 | $11,815 | $969,000 | $459,000 | $510,000 |
| 2021 | $8,870 | $713,012 | $321,660 | $391,352 |
| 2020 | $8,954 | $705,702 | $318,362 | $387,340 |
| 2019 | $8,610 | $691,866 | $312,120 | $379,746 |
| 2018 | $8,484 | $678,300 | $306,000 | $372,300 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Limon
-
Julie Olsen
Buyer's Agent in 2021
Julie Olsen
Olsen Realty
(949) 382-1413
1 in this area
38 Total Sales
-
Fernando Fernandez
Seller's Agent in 2015
Fernando Fernandez
Big Block Powerhouse Realty
(323) 816-4010
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20197681
APN: 5105-016-032
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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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