NOT LISTED FOR SALE

708 S Acacia Ave Compton, CA 90220

Estimated Value: $596,681 - $873,000

1 Bed
1 Bath
2,212 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 13, 2013

Last sale price $301,000 $136 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,491/month

13 Days on Market

About This Home

As of November 2013

Standard Sale (from Trust). Seller prefers to sale this property along with 216 W. Cypress St, Compton (MLS #RS13201004), as 6 units total. Both parcels are located within the same wrought iron gate and appear to be all one compound; however, they have 2 APN #s and can be re-fenced to reflect such. This property at 708 S. Acacia is two duplexes on a lot- total (4) 1 bedroom units. 3 of the 4 units are occupied, only one vacant, easy for owner occupant.
Rents are prospective, actuals are $600, $750, $775, Vacant. Seller just inherited the property and has no history of expenses other than water, trash, taxes, gardener and those are noted in the analysis below.

Last Agent to Sell the Property

Jamie Durity

eXp Realty License #01297368 Listed on: 10/03/2013

eXp Realty

Last Buyer's Agent

Eloy Villamil

ROA California Inc. License #01799836

ROA California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,514 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • 2,212 Sq Ft Home
  • Property Attached
  • Flat Roof Shape

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6160
  • Tax Tract Number 8
  • Assessor Parcel Number 6160008001

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,000
  • Gross Income $3,100
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6160008001
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 136.08

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7514.00
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7514.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 4800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 6160
  • Tax Tract Number: 008
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Villamil Eloy and Rivas Monica N
Bought by
Mejeb Holding Llc
Current Estimated Value
$746,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2020
Sold by
Villamil Eloy
Bought by
Villamil Eloy and Rivas Monica N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2020
Sold by
Pena Rivas Monica N
Bought by
Villamil Eloy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2020
Sold by
Mejeb Holding Llc
Bought by
Villamil Eloy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2016
Sold by
Villamil Eloy
Bought by
Mejeb Holding Llc

Purchase Details

Listed on
Oct 3, 2013
Closed on
Oct 28, 2013
Sold by
Pena Monica Nayelli
Bought by
Villamil Eloy
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Eloy Villamil
ROA California Inc.
List Price
$325,000
Sold Price
$301,000
Premium/Discount to List
-$24,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$255,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 3, 2013
Closed on
Oct 23, 2013
Sold by
Gavin Linda Shields and The Elmer Shields Living Trust
Bought by
Villamil Eloy
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Eloy Villamil
ROA California Inc.
List Price
$325,000
Sold Price
$301,000
Premium/Discount to List
-$24,000
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2008
Sold by
Shields Elmer
Bought by
The Elmer Shields Living Trust

Purchase Details

Closed on
Jul 18, 2000
Sold by
Shields Gertrude Olga
Bought by
Shields Gertrude Olga
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
Mejeb Holding Llc -- Accommodation
Villamil Eloy -- Accommodation
Villamil Eloy -- Lawyers Title Company
Villamil Eloy -- Lawyers Title Company
Mejeb Holding Llc -- None Available
Villamil Eloy -- Fidelity National Title Co
Villamil Eloy $301,000 Fidelity National Title Co
The Elmer Shields Living Trust -- None Available
Shields Gertrude Olga -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villamil Eloy $465,000
Previous Owner Villamil Eloy $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2013 11/13/13 Sold $301,000 -7.4% $136 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $325,000 -- $147 / 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 $6,933 $368,973 $185,099 $183,874
2024 $6,933 $361,739 $181,470 $180,269
2023 $12,707 $712,674 $416,160 $296,514
2022 $11,971 $698,700 $408,000 $290,700
2021 $6,535 $340,877 $171,004 $169,873
2020 $6,427 $337,383 $169,251 $168,132
2019 $6,351 $330,769 $165,933 $164,836
2018 $6,117 $324,284 $162,680 $161,604
2016 $5,812 $311,694 $156,364 $155,330
2015 $5,561 $307,013 $154,016 $152,997
2014 $5,475 $301,000 $151,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Jamie Durity

    Seller's Agent in 2013

    Jamie Durity

    eXp Realty

    (888) 584-9427

    3 in this area

    40 Total Sales

    Jamie Durity
    Section Image
  • Eloy Villamil

    Buyer's Agent in 2013

    Eloy Villamil

    ROA California Inc.

    (562) 444-3800

    11 in this area

    141 Total Sales

    Eloy Villamil
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13201939

California Regional Multiple Listing Service (CRMLS)

APN: 6160-008-001

California Los Angeles County Compton 90220

708 S Acacia Ave, Compton, CA

Not Listed for Sale

MultiFamily

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