NOT LISTED FOR SALE

735 W Cressey St Compton, CA 90222

Estimated Value: $591,000 - $767,209

2 Beds
2 Baths
1,000 Sq Ft
$700/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $640,000 $640 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,617/month

24 Days on Market

About This Home

As of June 2022

This property is a 2 units duplex. Each units features a 1 bedroom 1 bathroom very nice kept property has 2 double garage detached with parking spaces. Brokers and Agents, Buyers agent are advised to independently verify the accuracy of all information and to do their own due delinquency.

Last Agent to Sell the Property

Peter Rua

HomeSmart Realty Group License #00690881 Listed on: 02/15/2022

HomeSmart Realty Group

Last Buyer's Agent

Fadi Khalil

Huntington Group License #01862119

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,359 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 19 / F
  • Tax Tract Number 5113
  • Assessor Parcel Number 6153001020
  • $904 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $3,000
  • Net Operating Income $20,613

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: COPRM*
  • Property Type: Residential Income
  • Parcel Number: 6153001020
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 640.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 6359.00
  • Lot Size Acres: 0.1460
  • Latitude Manual: 33.90542800

Multi Family

  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6359.0000 Square Feet
  • Net Operating Income: 20613.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8787.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 5413.00
  • Tax Lot: 19
  • Tax Tract Number: 5113
  • TaxOtherAnnualAssessmentAmount: 904.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Unknown
Bought by
Araceli Ramirez Best Properties Llc
Current Estimated Value
$683,644

Purchase Details

Closed on
Mar 16, 2022
Sold by
Galvez Panama Jorge Fernando
Bought by
Castaneda Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2017
Sold by
Panama Jorge Fernando Galvez
Bought by
Panama Jorge Fernando Galvez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 1, 2016
Sold by
Medina Monica E
Bought by
Galvez Jorge Fernando
Seller's Agent
Ruben Rios
Century 21 Masters
Buyer's Agent
JULIAN OJEDA
BERKSHIRE HATHAWAY CA PROP
List Price
$315,000
Sold Price
$288,500
Premium/Discount to List
-$26,500
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$278,871
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2016
Sold by
Sanchez Apolinar H
Bought by
Galvez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,871
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2007
Sold by
Vasquez Daniel
Bought by
Sanchez Apolinar H

Purchase Details

Closed on
Jan 5, 2005
Sold by
Alarcon Hugo
Bought by
Vasquez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
5.73%
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
Araceli Ramirez Best Properties Llc -- None Listed On Document
Castaneda Guadalupe $640,000 Pacific Coast Title
Panama Jorge Fernando Galvez -- Provident Title Company
Galvez Jorge Fernando -- Fidelity National Title Co
Galvez Fernando $288,500 Fidelity National Title Co
Sanchez Apolinar H -- Fidelity National Title Co
Sanchez Apolinar H -- None Available
Vasquez Daniel $300,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castaneda Guadalupe $628,408
Previous Owner Panama Jorge Fernando Galvez $266,250
Previous Owner Galvez Jorge Fernando $278,871
Previous Owner Vasquez Daniel $291,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 For Sale $659,000 +3.0% $659 / Sq Ft
06/15/2022 06/15/22 Sold $640,000 -2.9% $640 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $659,000 +128.4% $659 / Sq Ft
07/27/2016 07/27/16 Sold $288,500 -8.4% $289 / Sq Ft View Prior Sale
05/25/2016 05/25/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $315,000 -- $315 / 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 $12,416 $673,200 $418,200 $255,000
2024 $12,416 $665,856 $416,160 $249,696
2023 $12,249 $652,800 $408,000 $244,800
2022 $5,844 $315,512 $158,029 $157,483
2021 $5,787 $309,327 $154,931 $154,396
2019 $5,626 $300,154 $150,337 $149,817
2018 $5,441 $294,270 $147,390 $146,880
2016 $8,387 $475,337 $282,940 $192,397
2015 $8,017 $468,198 $278,690 $189,508
2014 $7,866 $459,027 $273,231 $185,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22027584

California Regional Multiple Listing Service (CRMLS)

APN: 6153-001-020