NOT LISTED FOR SALE

714 S Long Beach Blvd Compton, CA 90221

Estimated Value: $1,055,333

8 Beds
7 Baths
2,291 Sq Ft
$461/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $680,126 $297 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,999/month

8 Days on Market

About This Home

As of May 2019

TOTALLY VACANT!!! This single-story, 8-room motel is centrally located just minutes from the 710 and 105 freeway in the heart of Compton and is currently being used as a sober transitional living facility. There are 7 bedrooms, each with its own private bathroom and individual wall heating and A/C unit. The 8th room is currently being used as a manager's office. The community kitchen was remodeled in 2015 and all cabinets were replaced and new granite countertops installed. The property comes equipped with an 8-camera video surveillance system, with convenient remote off-site access. There are two security gates, one facing the alley and the other facing Long Beach Blvd., and a total of 6 parking spots, 2 inside the gated courtyard and 4 facing the alleyway.

Last Agent to Sell the Property

Gina Corso

Allen Vance License #02013744 Listed on: 01/14/2019

Allen Vance

Co-Listed By

Lee Ziff

Keller Williams Beverly Hills License #01212150

Last Buyer's Agent

Gina Corso

Allen Vance License #02013744 Listed on: 01/14/2019

Allen Vance

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,011 Sq Ft Lot

Interior Spaces

  • 2,291 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 6181-001-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2291
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 261.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 27959
  • Assessed Land Value: 310666
  • Assessor Parcel Number: 6181-001-006
  • Geocode Override: No
  • Lot Size Area: 5011

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 8.90
  • Number Of Units: 8
  • Type Of Units: Motel/Apart

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
California Td Specialists
Bought by
Qfs Inc 401 K Defined Benefit Pension Trust and Qfs Inc 401 K Profit Sharing Trust
Current Estimated Value
$1,055,333

Purchase Details

Closed on
Mar 5, 2019
Sold by
Natures Own Trail Mix Llc
Bought by
Incan Project Development Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2014
Sold by
Bhakta Sunil
Bought by
Llx Natures Own Trail Mix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
3.96%

Purchase Details

Closed on
Aug 9, 2011
Sold by
Bhakta Nilesh
Bought by
Bhakta Sunil and Bhakta Roshni

Purchase Details

Closed on
Apr 9, 2003
Sold by
Bhakta Raju D
Bought by
Bhakta Nilesh

Purchase Details

Closed on
Jan 23, 2003
Sold by
Bhakta Raju D
Bought by
Bhakta Raju D and Bhakta Pasmina R

Purchase Details

Closed on
Aug 1, 2000
Sold by
Bhakta Raju B
Bought by
Bhakta Raju D and Bhakta Pasmina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1999
Sold by
Bhakta Raju B
Bought by
Bhakta Raju Bhulabhai and Bhakta Malti Raju
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
Qfs Inc 401 K Defined Benefit Pension Trust $710,061 --
Incan Project Development Group Inc $675,000 Fidelity National Title Co
Llx Natures Own Trail Mix $327,500 Lawyers Title
Bhakta Sunil -- None Available
Bhakta Nilesh $70,000 First American Title Co
Bhakta Raju D -- --
Bhakta Raju D $265,000 First American Title Co
Bhakta Raju Bhulabhai -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Incan Project Development Group Inc $438,000
Previous Owner Llx Natures Own Trail Mix $147,500
Previous Owner Llx Natures Own Trail Mix $180,000
Previous Owner Bhakta Raju D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $680,126 +13.5% $297 / Sq Ft
03/26/2019 03/26/19 For Sale $599,000 0.0% $261 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $599,000 -- $261 / 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 $17,640 $752,971 $446,205 $306,766
2024 $17,640 $738,207 $437,456 $300,751
2023 $13,338 $723,733 $428,879 $294,854
2022 $12,588 $709,543 $420,470 $289,073
2021 $12,709 $695,631 $412,226 $283,405
2019 $7,138 $352,304 $323,216 $29,088
2018 $9,832 $345,397 $316,879 $28,518
2016 $9,340 $331,986 $304,575 $27,411
2015 $8,989 $327,000 $300,000 $27,000
2014 -- $286,896 $133,202 $153,694
Source: Public Records

Agents Affiliated with this Home

  • Gina Corso

    Seller's Agent in 2019

    Gina Corso

    Allen Vance

    (310) 383-0255

    11 Total Sales

    Gina Corso
    Section Image
  • Lee Ziff

    Seller Co-Listing Agent in 2019

    Lee Ziff

    Keller Williams Beverly Hills

    (323) 491-3919

    76 Total Sales

    Lee Ziff
    Section Image
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Map

Source: The MLS

MLS Number: 19-422888

The MLS

APN: 6181-001-006

California Los Angeles County Compton 90221

714 S Long Beach Blvd, Compton, CA

Not Listed for Sale

MultiFamily

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