NOT LISTED FOR SALE

709 N Burris Ave Compton, CA 90221

Estimated Value: $795,000 - $925,000

5 Beds
3 Baths
2,724 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $499,000 $183 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,305/month

36 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Fenced
  • Private Yard
  • 2 Car Garage
  • Paved or Partially Paved Lot

About This Home

As of June 2017

This beautiful and spacious duplex (2 units, any combination) is located less than a mile away from the new Walmart on Long Beach Blvd and from the Compton courthouse, five minutes from the 105 Freeway, 10 minutes away from Crystal Casino & Hotel and Plaza Mexico. Back unit features wooden floors that are less than 2 years old. Front unit features an open floor plan in the living and dining rooms. This property is zoned for 4 units (buyers advised to verify information with City of Compton Planning Department). Bring your buyers!

Last Agent to Sell the Property

Leandro Gonzalez

C-21 Realty Team License #01999082 Listed on: 03/29/2017

Last Buyer's Agent

Hilda Garcia

First American Team Realty Inc License #01061192

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,540 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Needs Fence Repair
  • Paved or Partially Paved Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,724 Sq Ft Home
  • Split Level Home
  • Property Attached

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace
  • Private Water Source
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $950
  • Insurance Expense $600
  • Trash Expense $250
  • Water Sewer Expense $500
  • New Taxes Expense $6,238
  • Operating Expense $9,038
  • Gross Income $20,963
  • Net Operating Income $20,963

Listing and Financial Details

  • Tenant pays for electricity, insurance, trash collection, water
  • Tax Lot 36
  • Tax Tract Number 6468
  • Assessor Parcel Number 6178011035

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: CORH*
  • Property Type: Residential Income
  • Parcel Number: 6178011035
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Levels: Multi/Split
  • Price Per Square Foot: 183.19

Exterior Features

  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Trash Expense: 250.00
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Yard
  • Lot Size Sq Ft: 6540.00

Rental Info

  • Tenant Pays: Electricity, Insurance, Trash Collection, Water

Multi Family

  • Electric Expense: 950.00
  • Gross Income: 20962.50
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 600.00
  • Net Operating Income: 20962.50
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Operating Expense: 9037.50
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 9037.50

Tax Info

  • New Taxes Expense: 6237.50
  • Tax Census Tract: 5416.05
  • Tax Lot: 36
  • Tax Tract Number: 6468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 2, 2017
Sold by
Lopez Barbara
Bought by
Cisneros Dionicio and Cisneros Magdalena
Seller's Agent
Leandro Gonzalez
C-21 Realty Team
Buyer's Agent
Hilda Garcia
First American Team Realty Inc
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$843,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,339
Avg. Annual Appreciation
6.32%
Original Mortgage
$180,000
Outstanding Balance
$149,404
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$693,935

Purchase Details

Closed on
Jun 11, 2009
Sold by
Bank Of America Na
Bought by
Santellano Juan and Lopez Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,554
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2008
Sold by
Yandell Nick
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 1, 2007
Sold by
Reed Arnold L and Reed Jacqueline
Bought by
Yandell Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2007
Sold by
Reed Ricky Rene
Bought by
Reed Arnold R and Reed Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2007
Sold by
Reed Arnold R and Reed Jacqueline
Bought by
Reed Arnold R and Reed Jacqueline

Purchase Details

Closed on
Dec 22, 2004
Sold by
Reed Jacqueline and Reed Arnold R
Bought by
Reed Arnold R and Reed Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8%
Mortgage Type
New Conventional
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
Cisneros Dionicio $499,000 Chicago Title Company
Santellano Juan $240,000 Chicago Title Company
Bank Of America Na $280,000 Accommodation
Yandell Nick $630,000 None Available
Reed Arnold R -- Civic Center Title Svcs Inc
Reed Arnold R -- Civic Center Title Svc Inc
Reed Arnold R -- New Century Title Co Orange
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cisneros Dionicio $180,000
Previous Owner Santellano Juan $235,554
Previous Owner Yandell Nick $567,000
Previous Owner Reed Arnold R $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2017 06/08/17 Sold $499,000 0.0% $183 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $499,000 -- $183 / 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 $10,648 $579,124 $174,085 $405,039
2024 $10,648 $567,770 $170,672 $397,098
2023 $10,501 $556,638 $167,326 $389,312
2022 $9,263 $545,725 $164,046 $381,679
2021 $9,354 $535,026 $160,830 $374,196
2020 $9,184 $529,541 $159,181 $370,360
2019 $9,079 $519,159 $156,060 $363,099
2018 $9,318 $508,980 $153,000 $355,980
2016 $4,727 $261,694 $152,656 $109,038
2015 $4,520 $257,764 $150,363 $107,401
2014 $4,443 $252,716 $147,418 $105,298
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Leandro Gonzalez

    C-21 Realty Team

    Section Image

  • H

    Buyer's Agent in 2017

    Hilda Garcia

    First American Team Realty Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17065686

California Regional Multiple Listing Service (CRMLS)

APN: 6178-011-035

California Los Angeles County Compton 90221

709 N Burris Ave, Compton, CA

Not Listed for Sale

MultiFamily

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