NOT LISTED FOR SALE

807 N Van Ness Ave Compton, CA 90221

Estimated Value: $884,000 - $1,064,000

8 Beds
3 Baths
3,079 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $660,000 $214 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,290/month

17 Days on Market

Highlights

  • Wrought Iron Fence
  • Wall Furnace
  • Front Yard

About This Home

As of March 2019

Spacious 3 units in Compton , 3079 sqft, across from Mayo Elementary school. This property features two Units with 3 bedrooms each and one Unit with 2 bedrooms plus home office. Property features tile throughout, spacious kitchens with Maple cabinetry in back units, Granite counter tops in all units, double pane windows, sky lights,newly painted exterior and much more. Centrally located to shops and transportation. Close to 710 Fwy and 105 fwy. Huge upside in rents. No rent control.

Last Agent to Sell the Property

Julio Juarez

Keller Williams Pacific Estates Cerritos License #01210061 Listed on: 01/07/2019

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Heddly Henriquez

Coldwell Banker Envision License #01784586

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,555 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Fence is in average condition
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 3,079 Sq Ft Home
  • Property Attached
  • Flat Roof Shape
  • Tile Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 6178009030

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $500
  • Insurance Expense $1,735
  • Maintenance Expense $600
  • Water Sewer Expense $2,880
  • New Taxes Expense $8,369
  • Operating Expense $14,084
  • Gross Income $52,500
  • Net Operating Income $38,416

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2880.00
  • Zoning: CORH*
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 6178009030
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 214.36

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Roof: Flat, Tile

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 5555.00
  • Lot Size Acres: 0.1275

Multi Family

  • Gross Income: 52500.00
  • Gross Scheduled Income: 52500.00
  • Insurance Expense: 1735.00
  • Lot Size Area: 5555.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 38416.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13299.00
  • Rent Control: No
  • Total Actual Rent: 4375.00
  • Total Expenses: 14084.00

Tax Info

  • New Taxes Expense: 8369.00
  • Tax Census Tract: 5416.05
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2020
Sold by
Bhatia Sailesh
Bought by
Bhatia Sailesh and Bhatia Vina Sailesh
Current Estimated Value
$980,332

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
Outstanding Balance
$411,151
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$569,181

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 12, 2019
Sold by
Bhatia Vina
Bought by
Bhatia Sailesh
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Heddly Henriquez
Coldwell Banker Envision
List Price
$659,900
Sold Price
$660,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$495,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 31, 2019
Sold by
Juarez Julio R
Bought by
Bhatia Sailesh
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Heddly Henriquez
Coldwell Banker Envision
List Price
$659,900
Sold Price
$660,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Juarez Jacqueline
Bought by
Juarez Julio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Juarez Jacqueline
Bought by
Juarez Julio R

Purchase Details

Closed on
May 23, 2008
Sold by
Nash Ray A and Nash Alicia S
Bought by
Juarez Julio R

Purchase Details

Closed on
Aug 13, 2003
Sold by
Nash Ray A and Nash Alicia S
Bought by
Nash Ray A and Nash Alicia S
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
Bhatia Sailesh -- Ticor Title Company
Bhatia Sailesh -- Chicago Title Company
Bhatia Sailesh $660,000 Chicago Title Company
Juarez Julio R -- Provident Title Company
Juarez Julio R -- None Available
Juarez Julio R $140,000 None Available
Nash Ray A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatia Sailesh $465,000
Previous Owner Bhatia Sailesh $495,000
Previous Owner Juarez Julio R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $660,000 0.0% $214 / Sq Ft
01/07/2019 01/07/19 For Sale $659,900 -- $214 / 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 $13,853 $736,238 $368,119 $368,119
2024 $13,853 $721,802 $360,901 $360,901
2023 $13,656 $707,650 $353,825 $353,825
2022 $11,928 $693,776 $346,888 $346,888
2021 $12,043 $680,174 $340,087 $340,087
2019 $4,746 $229,602 $117,745 $111,857
2018 $4,563 $225,101 $115,437 $109,664
2016 $4,322 $216,361 $110,955 $105,406
2015 $4,144 $213,112 $109,289 $103,823
2014 $4,082 $208,939 $107,149 $101,790
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julio Juarez

    Keller Williams Pacific Estates Cerritos

    Section Image

  • H

    Buyer's Agent in 2019

    Heddly Henriquez

    Coldwell Banker Envision

    (310) 925-6137

    2 in this area

    42 Total Sales

    Heddly Henriquez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19004770

California Regional Multiple Listing Service (CRMLS)

APN: 6178-009-030

California Los Angeles County Compton 90221

807 N Van Ness Ave, Compton, CA

Not Listed for Sale

MultiFamily

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