NOT LISTED FOR SALE

8718 Compton Ave Los Angeles, CA 90002

Estimated Value: $865,490 - $966,000

7 Beds
4 Baths
2,820 Sq Ft
$320/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $660,000 $234 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,765/month

15 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • Shutters
  • Craftsman Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of December 2017

BACK ON THE MARKET SUBJECT TO CANCELLATION OF CURRENT ESCROW...Centrally located, close to bus lines and just two blocks from an elementary school. This immaculate duplex has 4bed- 2bth downstairs unit and 3 bed- 2 bath upstairs unit. With master bath in each unit and walk in closet. This property was completely remodeled approx 7 years ago and has been kept immaculate. Each unit is over 1,400 sqft. Newer plumbing, electrical, insulation, drywall, windows, paint, roof and stucco. Hardwood flooring throughout each unit. Travertine in bathrooms, custom cabinets with center island. Granite counter tops. Each unit has washer and dryer connections. Private parking, large lot, and manicured landscaping. This property is perfect for the large family or live in one unit and rent the other.
The 2 car garage has been converted (un-permitted) into living space and family member currently lives in it.

Last Agent to Sell the Property

Javier Acevedo

T.N.G. Real Estate Consultants License #01705418 Listed on: 10/04/2017

T.N.G. Real Estate Consultants

Last Buyer's Agent

Oscar Morales

OPTION ONE REALTY & INVESTMENT License #01908712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,100

Year Built

  • Built in 1918

Lot Details

  • 5,185 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Craftsman Architecture
  • Property Attached
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 2,820 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Shutters
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 5351
  • Assessor Parcel Number 6044002005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,596
  • Operating Expense $5,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,100

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: LCC3*
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 6044002005
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 234.04
  • Room Type: Master Bedroom
  • Window Features: Double Pane Windows, Shutters

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Drywall Walls, Stone Veneer, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Closet, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level
  • Lot Size Sq Ft: 5185.00

Tax Info

  • New Taxes Expense: 5596.00
  • Tax Census Tract: 5351.02
  • Tax Lot: 44
  • Tax Tract Number: 5351

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 5596.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Oct 20, 2017
Sold by
Valladares Henry J
Bought by
Alvarez Juan and Delos Santos Cristian
Seller's Agent
Javier Acevedo
T.N.G. Real Estate Consultants
Buyer's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
List Price
$660,000
Sold Price
$660,000
Current Estimated Value
$903,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,623
Avg. Annual Appreciation
3.88%
Original Mortgage
$641,025
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2010
Sold by
Community Development Llc
Bought by
Valladares Henry J and Valladares Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,461
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2009
Sold by
Lasalle Bank Na
Bought by
Community Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2008
Sold by
Ledesma Francisco
Bought by
Lasalle Bank Na and The Mlmi Trust Series 2006-Rm5

Purchase Details

Closed on
Nov 12, 2007
Sold by
Ledezma Francisco
Bought by
Ledezma Francisco

Purchase Details

Closed on
Aug 31, 2004
Sold by
Ledesma Francisco
Bought by
Ledesma Francisco and Lugo Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1995
Sold by
Lugo Maria Ledesma
Bought by
Ledesma Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,843
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1995
Sold by
Gibson Edith
Bought by
Ledesma Francisco and Lugo Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,843
Interest Rate
7.92%
Mortgage Type
FHA
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
Alvarez Juan $660,000 Ticor Title Co
Valladares Henry J $361,000 Lawyers Title
Community Development Llc $150,000 Lsi Title Agency Inc
Lasalle Bank Na $257,515 Accommodation
Ledezma Francisco -- None Available
Ledesma Francisco -- Alliance Title
Ledesma Francisco -- Fidelity National Title Ins
Ledesma Francisco $145,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Juan $631,549
Previous Owner Alvarez Juan $641,025
Previous Owner Valladares Henry J $442,640
Previous Owner Valiadares Henry J $441,086
Previous Owner Valladares Henry J $402,166
Previous Owner Valladares Henry J $371,896
Previous Owner Valladares Henry J $351,713
Previous Owner Valladares Henry J $354,461
Previous Owner Community Development Llc $180,000
Previous Owner Ledesma Francisco $400,000
Previous Owner Ledesma Francisco $300,000
Previous Owner Ledesma Francisco $188,000
Previous Owner Ledesma Francisco $22,925
Previous Owner Ledesma Francisco $12,900
Previous Owner Ledesma Francisco $142,843
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $660,000 0.0% $234 / Sq Ft
12/07/2017 12/07/17 Price Changed $660,000 0.0% $234 / Sq Ft
12/07/2017 12/07/17 For Sale $660,000 +3.3% $234 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $639,000 -- $227 / 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 $10,100 $750,961 $430,096 $320,865
2024 $10,100 $736,237 $421,663 $314,574
2023 $9,761 $721,802 $413,396 $308,406
2022 $9,307 $707,650 $405,291 $302,359
2021 $9,196 $693,776 $397,345 $296,431
2019 $8,914 $673,200 $385,560 $287,640
2018 $8,795 $660,000 $378,000 $282,000
2017 $5,746 $401,502 $150,590 $250,912
2016 $5,597 $393,631 $147,638 $245,993
2015 $5,515 $387,719 $145,421 $242,298
2014 $5,517 $380,125 $142,573 $237,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17228230

California Regional Multiple Listing Service (CRMLS)

APN: 6044-002-005