NOT LISTED FOR SALE

700 N Acacia Ave Compton, CA 90220

Estimated Value: $687,642 - $781,000

4 Beds
2 Baths
1,704 Sq Ft
$442/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $485,000 $285 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,851/month

14 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Wall Furnace
  • Living Room
  • Carpet

About This Home

As of October 2017

It's Here; Seeing Will Mean Sold; the first family to visit this duplex... will likely be the last! Beautiful 3 bedroom, 1 bath house. Elegant living room, wood laminate flooring, a kitchen you dreamed about with an extraordinary amount of handsome cabinetry. This home features in door laundry hook connections, private yard and plenty of parking. The second unit offers one bedroom, one bath, large living room with it's own private yard. Two car garage, gated entry and so much more! One look and we'll put up the Sold sign at $484,999!

Last Agent to Sell the Property

Angel Martinez

Corcoran Global Living License #01836393 Listed on: 08/23/2017

Corcoran Global Living

Last Buyer's Agent

Alejandro Salazar

Realty World Allensworth License #01150962

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,997 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,704 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Standard Electricity
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 6157008015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $240
  • Insurance Expense $800
  • Trash Expense $200
  • New Taxes Expense $5,800
  • Operating Expense $7,200
  • Gross Income $36,600
  • Net Operating Income $25,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.20
  • Property Attached: No
  • Zoning: CORH*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 6157008015
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 284.62
  • Room Type: Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 200.00
  • 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: Corner Lot
  • Lot Size Sq Ft: 4997.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36600.00
  • Gross Scheduled Income: 3050.00
  • Insurance Expense: 800.00
  • Net Operating Income: 25440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10800.00
  • Rent Control: No
  • Total Expenses: 7200.00

Tax Info

  • New Taxes Expense: 5800.00
  • Tax Census Tract: 5426.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Serrano Oscar Jaime and Serrano Oscar Jose
Bought by
Alvarado Jennifer
Current Estimated Value
$752,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,500
Outstanding Balance
$661,917
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$90,994

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 8, 2017
Sold by
Diaz Javier
Bought by
Serrano Oscar J and Serrano Marybel Aguayo
Seller's Agent
Angel Martinez
Corcoran Global Living
Buyer's Agent
Alejandro Salazar
Realty World Allensworth
List Price
$484,999
Sold Price
$485,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$363,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 30, 2015
Sold by
Cam Vii Trust
Bought by
Diaz Javier
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Angel Martinez
Corcoran Global Living
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$378,026
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2015
Sold by
Ung Sokrithy
Bought by
Cam Vii Trust

Purchase Details

Closed on
Apr 14, 2011
Sold by
Ceref Reo Ii Llc
Bought by
Ung Sokrithy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,652
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2010
Sold by
Ringer Walter
Bought by
Ceref Reo Ii Llc

Purchase Details

Closed on
Dec 18, 2006
Sold by
Green Joseph W
Bought by
Ringer Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
9.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 1995
Sold by
Green Lori and Green Jo Rynae
Bought by
Green Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
7.74%

Purchase Details

Closed on
Nov 8, 1994
Sold by
Gowers Charlene
Bought by
Green Joseph W

Purchase Details

Closed on
Jul 7, 1994
Sold by
Sunset Capital
Bought by
Gowers Charlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Alvarado Jennifer $710,000 Socal Title Company
Serrano Oscar J $485,000 Pacific Coast Title
Diaz Javier $385,000 Ratic
Cam Vii Trust $272,500 None Available
Ung Sokrithy $249,000 First American Title Ins Co
Ceref Reo Ii Llc -- Accommodation
Ringer Walter -- Landsafe Title
Green Joseph W $30,000 Old Republic Title Company
Green Joseph W $5,000 --
Gowers Charlene $8,488 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Jennifer $674,500
Previous Owner Serrano Oscar J $363,750
Previous Owner Diaz Javier $378,026
Previous Owner Ung Sokrithy $242,652
Previous Owner Ringer Walter $472,500
Previous Owner Green Joseph W $84,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2017 10/13/17 Sold $485,000 0.0% $285 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $484,999 +26.0% $285 / Sq Ft
08/06/2015 08/06/15 Sold $385,000 +1.3% $226 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $379,900 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,870 $724,200 $433,500 $290,700
2024 $10,870 $619,043 $263,854 $355,189
2023 $11,410 $606,906 $258,681 $348,225
2022 $8,950 $520,016 $107,219 $412,797
2021 $9,043 $509,820 $105,117 $404,703
2020 $8,882 $504,594 $104,040 $400,554
2019 $8,781 $494,700 $102,000 $392,700
2018 $8,561 $485,000 $100,000 $385,000
2016 $6,849 $385,000 $75,000 $310,000
2015 $4,784 $265,433 $106,600 $158,833
2014 $4,702 $260,234 $104,512 $155,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17195480

California Regional Multiple Listing Service (CRMLS)

APN: 6157-008-015