NOT LISTED FOR SALE

709 E Cocoa St Compton, CA 90221

Estimated Value: $641,000 - $790,957

4 Beds
2 Baths
1,809 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $593,250 $328 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,753/month

51 Days on Market

Highlights

  • Traditional Architecture
  • Cul-De-Sac
  • 1-Story Property
  • No HOA
  • Laundry Room

About This Home

As of October 2023

This is a fantastic chance to acquire an investment property in the City of Compton. Situated on a peaceful cul-de-sac, this two-unit property offers ample parking, featuring a long driveway capable of accommodating up to six vehicles. Additionally, there's a separate two-car garage, detached from the main structure, which can be utilized as an ADU (Accessory Dwelling Unit) providing an opportunity for extra income. The spacious backyard provides abundant room for hosting gatherings with loved ones. Don’t miss out on this excellent investment opportunity!

Last Listed By

Matthew Vasquez

Century 21 Allstars License #02212051 Listed on: 07/17/2023

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,405

Year Built

  • Built in 1948

Lot Details

  • 8,832 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14906
  • Assessor Parcel Number 6179006039
  • $775 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,405

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 309950
  • Property Attached: Yes
  • Zoning: CORH*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6179006039
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 327.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 8832.00
  • Lot Size Acres: 0.2028

Multi Family

  • Lot Size Area: 8832.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5424.01
  • Tax Lot: 9
  • Tax Tract Number: 14906
  • TaxOtherAnnualAssessmentAmount: 775.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Martinez Jose Molina and Molina Johana Alvarez
Bought by
Jose Molina Martinez And Johana A Molina Revo and Martinez
Total Days on Market
51
Current Estimated Value
$694,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$672,511
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$21,728

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 15, 2023
Sold by
Bank Of Ny Mellon and Bank Of New York
Bought by
Martinez Jose Molina and Molina Johana Alvarez
Seller's Agent
Matthew Vasquez
Century 21 Allstars
Buyer's Agent
MARTHA CALDERON
Keller Williams SELA
List Price
$619,900
Sold Price
$593,250
Premium/Discount to List
-$26,650
-4.3%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$474,600
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2023
Sold by
Zbs Law Llp
Bought by
Bank Of Ny Mellon

Range of Values:

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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
Jose Molina Martinez And Johana A Molina Revo -- Pacific Coast Title
Martinez Jose Molina $593,500 Servicelink
Bank Of Ny Mellon $508,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jose Molina Martinez And Johana A Molina Revo $675,000
Previous Owner Martinez Jose Molina $474,600
Previous Owner Cartznes David P $312,000
Previous Owner Cartznes David P $83,500
Previous Owner Cartznes David P $153,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $593,250 -4.3% $328 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $619,900 -- $343 / 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
2024 $10,405 $593,250 $413,250 $180,000
2023 $5,901 $272,709 $134,094 $138,615
2022 $4,954 $267,363 $131,465 $135,898
2021 $4,994 $262,122 $128,888 $133,234
2019 $4,856 $254,349 $125,066 $129,283
2018 $4,617 $249,363 $122,614 $126,749
2016 $4,387 $239,681 $117,853 $121,828
2015 $4,197 $236,082 $116,083 $119,999
2014 $4,129 $231,459 $113,810 $117,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23131751

California Regional Multiple Listing Service (CRMLS)

APN: 6179-006-039