NOT LISTED FOR SALE

705 E Cocoa St Compton, CA 90221

Estimated Value: $872,000 - $1,103,576

5 Beds
4 Baths
2,859 Sq Ft
$351/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $925,000 $324 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,600/month

31 Days on Market

About This Home

As of September 2023

Rare opportunity for a duplex purchase. Both units will be delivered vacant allowing for multi-generational living, live-in-one-rent-the-other, or long term rental. The first unit is 2 bedrooms, 1 bathroom and was remodeled last year to include: crown moldings, recessed lighting, laminate flooring, open floor plan, stainless steel appliances, quartz countertops, tankless water heater. The second unit has 3 bedrooms and 3 bathrooms. This two-story beauty offers: double door entrance, laminate flooring, high ceilings, recessed lighting, and plenty of storage space. The kitchen is equipped with stainless steel appliances and spacious pantry. Primary bedroom has an oversized, custom walk-in closet, fireplace, and private balcony. En suite bathroom includes luxurious jacuzzi tub. The property has a detached 3-car garage and solar panels. Backyard has an open patio, built-in fireplace, pavers, and lawn. Located less than a mile from Compton Towne Center, and new Compton High School being built.

Last Agent to Sell the Property

Melissa Urena

Real Broker License #01900591 Listed on: 07/17/2023

Real Broker

Co-Listed By

Juan Castro

JohnHart Corp. License #02001442

Last Buyer's Agent

Maria Solares

Christopher Oliver, Broker License #01999222

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,225

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,859 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,225 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6179-006-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2859
  • Lot Acreage: 0.1659
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Microwave, Dishwasher
  • Price Per S Q F T: 349.77

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 86.52
  • Assessed Improvement Value: 148032
  • Assessed Land Percent: 13.48
  • Assessed Land Value: 23069
  • Total Assessed Value: 171101
  • Assessor Parcel Number: 6179-006-008
  • Lot Size Area: 7225

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 29, 2023
Sold by
Bolden Rodrick O
Bought by
Iglesia Cristiana
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Maria Solares
Christopher Oliver, Broker
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%
Views
246
Current Estimated Value
$1,004,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,894
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jul 18, 2003
Sold by
Bonman Bolden Kerri Latanya
Bought by
Bolden Rodrick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1999
Sold by
Bonman Bolden Kerri Latanya
Bought by
Bolden Rodrick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1999
Sold by
Bolden Elmoris
Bought by
Bolden Rodrick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
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
Iglesia Cristiana $925,000 Monarch Title
Bolden Rodrick O -- Ticor Title
Bolden Rodrick O -- California Counties Title Co
Bolden Rodrick O -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolden Rodrick O $180,000
Previous Owner Bolden Rodrick O $126,000
Previous Owner Bolden Rodrick O $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $925,000 -7.5% $324 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/26/2023 07/26/23 Price Changed $999,999 -9.1% $350 / Sq Ft
07/17/2023 07/17/23 For Sale $1,100,000 0.0% $385 / Sq Ft
07/14/2023 07/14/23 Price Changed $1,100,000 -- $385 / Sq Ft
Source: The MLS

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 $15,833 $943,500 $612,000 $331,500
2024 $15,833 $925,000 $600,000 $325,000
2023 $4,344 $174,522 $23,530 $150,992
2022 $3,496 $171,101 $23,069 $148,032
2021 $3,509 $167,747 $22,617 $145,130
2019 $3,416 $163,134 $21,948 $141,186
2018 $3,235 $159,943 $21,518 $138,425
2016 $3,060 $153,388 $20,684 $132,704
2015 $2,936 $151,085 $20,374 $130,711
2014 $2,895 $148,126 $19,975 $128,151
Source: Public Records

Agents Affiliated with this Home

  • Melissa Urena

    Seller's Agent in 2023

    Melissa Urena

    Real Broker

    (562) 287-4944

    8 in this area

    137 Total Sales

    Melissa Urena
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Juan Castro

    JohnHart Corp.

    Section Image
  • Maria Solares

    Buyer's Agent in 2023

    Maria Solares

    Christopher Oliver, Broker

    (562) 287-4252

    3 in this area

    18 Total Sales

    Maria Solares
    Section Image
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Map

Source: The MLS

MLS Number: 23-290411

The MLS

APN: 6179-006-008

California Los Angeles County Compton 90221

705 E Cocoa St, Compton, CA

Not Listed for Sale

MultiFamily

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