NOT LISTED FOR SALE

8768 Compton Ave Los Angeles, CA 90002

Estimated Value: $642,000 - $922,000

6 Beds
4 Baths
2,158 Sq Ft
$356/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $375,000 $174 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,825/month

4 Days on Market

About This Home

As of May 2014

INVESTOR'S DREAM. Great opportunity to own a property with great rent return. 4 units on the lot

Last Agent to Sell the Property

Salvador Farias

Keller Williams Pacific Estates Cerritos License #01892328 Listed on: 04/03/2014

Last Buyer's Agent

Carol Lopez

All in One Real Estate License #01094322

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,609

Year Built

  • Built in 1922

Lot Details

  • 5,169 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Home Design

  • 2,158 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 87
  • Assessor Parcel Number 6044003006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,925
  • Net Operating Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,609

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Property Type: Residential Income
  • Parcel Number: 6044003006
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 173.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 5169.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3925.00
  • Gross Scheduled Income: 47100.00
  • Lot Size Area: 5169.0000 Square Feet
  • Net Operating Income: 47100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 87
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Apr 15, 2014
Sold by
Salgado Jose
Bought by
Davila Alejandro
Seller's Agent
Salvador Farias
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Carol Lopez
All in One Real Estate
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$769,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,199
Avg. Annual Appreciation
5.77%
Original Mortgage
$368,207
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Davila Alejandro $375,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Ale Andro $355,000
Closed Davila Alejandro $368,207
Previous Owner Salgado Jose $99,000
Previous Owner Salgado Jose $230,000
Previous Owner Salgado Jose $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $375,000 -6.0% $174 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $399,000 -- $185 / 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 $7,609 $459,684 $274,464 $185,220
2024 $7,609 $450,672 $269,083 $181,589
2023 $7,157 $441,836 $263,807 $178,029
2022 $6,871 $433,174 $258,635 $174,539
2021 $6,794 $424,681 $253,564 $171,117
2019 $6,611 $412,088 $246,045 $166,043
2018 $6,473 $404,009 $241,221 $162,788
2016 $6,214 $388,323 $231,855 $156,468
2015 $6,501 $382,491 $228,373 $154,118
2014 $3,198 $135,182 $32,098 $103,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14069021

California Regional Multiple Listing Service (CRMLS)

APN: 6044-003-006