NOT LISTED FOR SALE

612 S Acacia Ave Compton, CA 90220

Estimated Value: $939,000 - $1,048,000

6 Beds
3 Baths
3,051 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $680,000 $223 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,269/month

52 Days on Market

Highlights

  • Neighborhood Views
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of November 2019

THIS IS A GREAT opportunity for INVESTOR or FIRST TIME BUYER live in one and rent the others
Front House is a Spanish style home- 2 bedroom 1 bath with about 1,200 square feet of living space and a 2 car garage.
Middle Unit2- 2 bedroom 1 bath with about 925 square feet of living space and 2 car garage.
Back Unit3-2 bedroom 1 bath with about 925 square feet of living space and a 2 car garage
Pictures where taken prior to tenants moving in Last year in August 2018
PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY

Last Agent to Sell the Property

Miguel Perez

Century 21 Realty Masters License #01931881 Listed on: 08/16/2019

Last Buyer's Agent

Daniel Velasquez

The Real Estate Solution License #01923333

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,095 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Interior Spaces

  • 3,051 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 759
  • Assessor Parcel Number 6160009022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $2,400
  • Gross Income $56,220
  • Net Operating Income $56,353

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

6

Listing Details

  • CapRate: 9.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: COR3*
  • Property Type: Residential Income
  • Parcel Number: 6160009022
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 222.88

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7095.00
  • Lot Size Acres: 0.1629

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 56220.00
  • Gross Scheduled Income: 70200.00
  • Lot Size Area: 7095.0000 Square Feet
  • Net Operating Income: 56353.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 2
  • Number With Range: 3
  • Operating Expense: 10337.00
  • Operating Expense Percent: 15.50
  • Rent Control: No
  • Total Actual Rent: 5850.00
  • Total Expenses: 2400.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 5425.02
  • Tax Lot: 21
  • Tax Tract Number: 759

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 15, 2019
Sold by
Park Jamie and Perez Miguel Angel
Bought by
Lam Daniel G and Halwani Zuhair Zaher A
Seller's Agent
Miguel Perez
Century 21 Realty Masters
Buyer's Agent
Daniel Velasquez
The Real Estate Solution
List Price
$719,000
Sold Price
$680,000
Premium/Discount to List
-$39,000
-5.42%
Current Estimated Value
$986,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,958
Avg. Annual Appreciation
6.11%
Original Mortgage
$633,495
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 12, 2017
Sold by
Lim Samuel
Bought by
Park Jamie and Perez Miguel Angel
Seller's Agent
Daniel Velasquez
The Real Estate Solution
Buyer's Agent
Miguel Perez
Century 21 Realty Masters
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$555,809
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2014
Sold by
Media Vision
Bought by
Lim Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 21, 2014
Closed on
Mar 3, 2014
Sold by
Rojhani Hamid
Bought by
Media Vision
Seller's Agent
Nasir Shaikh
Westgate Properties
Buyer's Agent
Nasir Shaikh
Westgate Properties
Sold Price
$1,150

Purchase Details

Listed on
May 8, 2013
Closed on
Sep 3, 2013
Sold by
Wilkerson Errol
Bought by
Rojhani Hamid
Seller's Agent
Nasir Shaikh
Westgate Properties
Buyer's Agent
Nasir Shaikh
Westgate Properties
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$215,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2006
Sold by
Wilkerson Monique Y
Bought by
Wilkerson Errol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 13, 2004
Sold by
Sanchez Juan Jose and Montti Sara
Bought by
Wilkerson Errol and Wilkerson Monique Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Sanchez Juan Jose
Bought by
Sanchez Juan Jose and Montti Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Montti Sara
Bought by
Sanchez Juan Jose

Purchase Details

Closed on
Aug 2, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Montti Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.66%

Purchase Details

Closed on
Jan 20, 1999
Sold by
Sandoval Norberto
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Mar 6, 1998
Sold by
Hernandez Hernan
Bought by
Sandoval Norberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,571
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1997
Sold by
Great Western Bank Fsb
Bought by
Hernandez Hernan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,008
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 1996
Sold by
Delgado Ismael and Delgado Juana
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Lam Daniel G $680,000 Lawyers Title
Park Jamie $575,000 Fidelity National Title Co
Lim Samuel $445,000 Chicago Title Company
Media Vision -- Chicago Title Company
Rojhani Hamid $225,000 Chicago Title Company
Wilkerson Errol -- American Coast Title Company
Wilkerson Errol $384,000 Gateway Title Company
Sanchez Juan Jose -- First American Title Co
Sanchez Juan Jose -- --
Montti Sara $157,500 Landsafe Title
Countrywide Home Loans Inc $202,679 Landsafe Title
Sandoval Norberto $195,000 Benefit Title Company
Hernandez Hernan $141,000 Fidelity Title
Great Western Bank Fsb $120,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Daniel G $633,495
Previous Owner Park Jamie $555,809
Previous Owner Lim Samuel $436,939
Previous Owner Rojhani Hamid $215,000
Previous Owner Wilkerson Errol $495,000
Previous Owner Wilkerson Errol $307,200
Previous Owner Sanchez Juan Jose $228,800
Previous Owner Montti Sara $156,000
Previous Owner Sandoval Norberto $189,571
Previous Owner Hernandez Hernan $139,008
Closed Wilkerson Errol $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2019 11/06/19 Sold $680,000 0.0% $223 / Sq Ft
09/03/2019 09/03/19 Off Market $680,000 -- --
08/16/2019 08/16/19 For Sale $719,000 +25.0% $236 / Sq Ft
06/05/2017 06/05/17 Sold $575,000 0.0% $188 / Sq Ft View Prior Sale
04/28/2017 04/28/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $575,000 +29.2% $188 / Sq Ft
12/12/2014 12/12/14 Sold $445,000 +38595.7% $146 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Pending -- -- --
05/02/2014 05/02/14 Rented $1,150 -4.2% --
05/01/2014 05/01/14 Under Contract -- -- --
04/21/2014 04/21/14 For Rent $1,200 0.0% --
04/08/2014 04/08/14 For Sale $525,000 +133.3% $172 / Sq Ft
10/15/2013 10/15/13 Sold $225,000 +4.7% $74 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $215,000 -- $70 / 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 $13,729 $743,675 $246,068 $497,607
2024 $13,729 $729,094 $241,244 $487,850
2023 $13,531 $714,799 $236,514 $478,285
2022 $11,803 $700,784 $231,877 $468,907
2021 $11,918 $687,044 $227,331 $459,713
2020 $11,701 $680,000 $225,000 $455,000
2019 $10,573 $598,230 $182,070 $416,160
2018 $10,282 $586,500 $178,500 $408,000
2016 $7,859 $451,786 $198,989 $252,797
2015 $7,507 $445,000 $196,000 $249,000
2014 $4,213 $225,000 $100,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19197178

California Regional Multiple Listing Service (CRMLS)

APN: 6160-009-022