NOT LISTED FOR SALE

835 W Poplar St Compton, CA 90220

Estimated Value: $891,000 - $1,095,000

8 Beds
3 Baths
2,781 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $635,000 $228 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,213/month

3 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cul-De-Sac
  • 3 Detached Carport Spaces

About This Home

As of March 2019

BEAUTIFUL 3 UNITS ON 3 SEPERATE BUILDINGS ON A NICE QUIET STREET AT THE END OF A CUL-DE-SAC IN COMPTON IN MOVE IN CONDITION. PROPERTY FEATURES 2781 SQ. FT OF LIVING SPACE ON A NICE SIZED 7493 SQ. FT LOT. FRONT UNITS IS A 3 BEDROOM 1 BATH UNIT WITH A LIVING ROOM, DINING AREA AND GOOD SIZED KITCHEN, 2ND AND 3RD UNITS ARE SIDE BY SIDE IN BACK OF FRONT UNIT AND PARKING AREA. 2ND UNIT FEATURES A 3 BEDROOM 1 BATH WITH LARGE LIVING ROOM, DINING AREA AND GOOD SIZE KITCHEN, AND 3RD UNIT FEATURES 2 BEDROOM 1 BATH WITH LARGE LIVING ROOM, DINING AREA AND GOOD SIZE KITCHEN. PROPERTY HAS INSIDE LAUNDRY AREA IN EACH UNIT PROPERTY HAS A LARGE CARPORT FOR 3 CARS AND AN ADDITIONAL PARKING AREA BEHIND CARPORT FOR 3 MORE CARS IN DRIVEWAY. PROPERTY IS FULLY FENCED IN FOR PRIVACY. EACH UNIT HAS ITS OWN ELECTRIC METER AND GAS METER AND IS IN WELL TAKEN CARE OF CONDITION. NICE PALM TREES AND A LOW MAINTENANCE LOT WITH MANY UPDATES.

Last Agent to Sell the Property

Freddie Hindi

Compass License #01225507 Listed on: 01/28/2019

Last Buyer's Agent

Freddie Hindi

C-21 Masters License #01225507

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,236

Year Built

  • Built in 1963

Lot Details

  • 7,493 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Home Design

  • 2,781 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 31
  • Tax Tract Number 5627
  • Assessor Parcel Number 6156009027

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $560
  • Trash Expense $1,350
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,125
  • Operating Expense $13,035
  • Gross Income $68,550
  • Net Operating Income $57,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,236

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: CORM*
  • Property Type: Residential Income
  • Parcel Number: 6156009027
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 228.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1350.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 6500-9999
  • Lot Size Sq Ft: 7493.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 810 Square Feet
  • Average3 Bed Area: 999 Square Feet
  • Gross Income: 68550.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 560.00
  • Lot Size Area: 7493.0000 Square Feet
  • Net Operating Income: 57750.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 450.00
  • Rent Control: No
  • Total Actual Rent: 3050.00
  • Total Expenses: 13035.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 5427.00
  • Tax Lot: 31
  • Tax Tract Number: 5627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Feb 4, 2019
Sold by
Mercado Julio and Mercado Consuelo
Bought by
Sunlight Properties Group Llc
Seller's Agent
Freddie Hindi
Compass
Buyer's Agent
Freddie Hindi
Compass
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$963,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,830
Avg. Annual Appreciation
5.64%
Original Mortgage
$508,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2003
Sold by
Mercado Julio and Mercado Julio M
Bought by
Mercado Julio and Mercado Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.73%
Source: Public Records

Range of Values:

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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
Sunlight Properties Group Llc $635,000 Chicago Title Co
Mercado Julio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunlight Properties Group Llc $508,000
Previous Owner Mercado Julio $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $635,000 -2.3% $228 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $650,000 +8.5% $234 / Sq Ft
10/02/2018 10/02/18 Sold $599,000 0.0% $215 / Sq Ft
07/13/2018 07/13/18 Price Changed $599,000 0.0% $215 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $599,000 -- $215 / 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 $13,236 $708,350 $334,654 $373,696
2024 $13,236 $694,462 $328,093 $366,369
2023 $13,045 $680,846 $321,660 $359,186
2022 $11,347 $667,497 $315,353 $352,144
2021 $11,461 $654,410 $309,170 $345,240
2020 $11,254 $648,380 $306,000 $342,380
2019 $3,603 $169,568 $41,913 $127,655
2018 $3,410 $166,258 $41,092 $125,166
2016 $3,225 $159,151 $39,498 $119,653
2015 $3,094 $156,761 $38,905 $117,856
2014 $3,055 $153,691 $38,143 $115,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19021233

California Regional Multiple Listing Service (CRMLS)

APN: 6156-009-027