NOT LISTED FOR SALE
20 Beds
10 Baths
7,040 Sq Ft
7,858 Sq Ft Lot

Sale Details

Date Sold: May 7, 2021

Last sale price $2,150,000 $305 Per Sq Ft

1 Day on Market

Highlights

  • Gated Parking
  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence
  • Double Pane Windows
  • Tile Flooring
  • Wall Furnace

About This Home

As of May 2021

8102 & 8104 Compton Ave Los Angeles - Investor's Opportunity/ Portfolio Sale !! 12 UNITS (6 Units per Lot) 2 Bedrooms / 1 bath each. 12 Remodeled units with great tenants and rental income. CASH FLOW, CASH FLOW. Plus additional room to increase your profit. Owners Upgraded these units from Plumbing, kitchen, flooring, bathrooms, to Dual Pane Windows. 100% Occupancy Rate! Located near shopping centers/ schools/ freeways, tenant commute friendly. Sale includes 8102 & 8104 Compton Ave Los Angeles (APN 6028-008-001 & APN 6028-008-002) both buildings must be sold together. 3520Living Sqft Each Building!! 12 Units in perfect condition. Dont miss out on this great Opportunity to expand your real estate portfolio and enjoy the cash flow!.

Last Agent to Sell the Property

Lluvia Martinez

Executives Group Real Estate Inc. License #01719643 Listed on: 01/13/2021

Last Buyer's Agent

Lluvia Martinez

Executives Group Real Estate Inc. License #01719643 Listed on: 01/13/2021

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 7,858 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre
  • 6028-008-001

Home Design

  • Apartment
  • Shingle Roof

Interior Spaces

  • 7,040 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Parking Available
  • Gated Parking
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 80
  • Tax Tract Number 8559
  • Assessor Parcel Number 6028008002

Community Details

Overview

  • 2 Buildings
  • 12 Units

Building Details

  • 12 Leased Units
  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,300
  • Trash Expense $1,740
  • Water Sewer Expense $8,664
  • New Taxes Expense $26,875
  • Operating Expense $39,579
  • Net Operating Income $161,301

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

7,858 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 8664.00
  • Zoning: LCC3*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6028008002
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 305.40
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Paved, Gated
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1740.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 6028-008-001
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7858.00
  • Lot Size Acres: 0.1804

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 200880.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 7858.0000 Square Feet
  • Net Operating Income: 161301.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 39579.00
  • Rent Control: Yes
  • Total Actual Rent: 16740.00
  • Total Expenses: 39579.00

Tax Info

  • New Taxes Expense: 26875.00
  • Tax Census Tract: 5351.01
  • Tax Lot: 80
  • Tax Tract Number: 8559

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 22, 2021
Sold by
Bought by
Seller's Agent
Lluvia Martinez
Executives Group Real Estate Inc.
Buyer's Agent
Lluvia Martinez
Executives Group Real Estate Inc.
List Price
$2,250,000
Sold Price
$2,150,000
Premium/Discount to List
-$100,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Outstanding Balance
$487,097
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,150,000 First American Title Company O
-- None Available
-- None Available
-- None Available
-- Accommodation
$700,000 Cctn
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,720,000
Previous Owner $490,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $2,150,000 -4.4% $305 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $2,250,000 -- $320 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,247 $1,163,613 $541,216 $622,397
2024 $16,760 $1,140,798 $530,604 $610,194
2023 $16,327 $1,118,430 $520,200 $598,230
2022 $15,278 $1,096,500 $510,000 $586,500
2021 $12,393 $840,941 $441,494 $399,447
2020 $12,479 $832,320 $436,968 $395,352
2019 $12,042 $816,000 $428,400 $387,600
2018 $11,896 $800,000 $420,000 $380,000
2016 $6,847 $378,789 $86,579 $292,210
2015 $6,756 $373,100 $85,279 $287,821
2014 $6,774 $365,792 $83,609 $282,183
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21008042

California Regional Multiple Listing Service (CRMLS)
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