NOT LISTED FOR SALE

901 W Compton Blvd Compton, CA 90220

Estimated Value: $354,371

1 Bed
5 Baths
2,300 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $196,000 $85 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,265/month

12 Days on Market

Highlights

  • Property is near public transit
  • South Facing Home
  • 1-Story Property
  • No HOA
  • Wood Siding

About This Home

As of May 2015

Sold for 383K in 2005. 4 beautiful remodeled stores or offices + detached studio house on Kemp Ave. on gated 50x100 corner C2 lot w/5 car parking. Zoned for residential and commercial. All 5 units have separate baths, gas and electric meters, new paint, stucco, etc. Best commercial location on same street as courthouse, civic center, sheriff station, etc. Will sell for 199K cash, or 225K w/seller carrying 1st TD: 30% down, 8% interest. SBA financing also available for owner users w/10% down (see agent remarks). This is a steal.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 04/17/2015

Last Buyer's Agent

Marjorie Crow

Beach City Brokers License #01356834

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,495 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • No Common Walls
  • South Facing Home
  • Density is 2-5 Units/Acre

Parking

  • 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 5 Bathrooms
  • 2,300 Sq Ft Home
  • 1-Story Property

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 5627
  • Assessor Parcel Number 6156016067

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: COCL*
  • Property Type: Residential Income
  • Parcel Number: 6156016067
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 85.22

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4495.00
  • Lot Size Acres: 0.1030

Multi Family

  • Lot Size Area: 4495.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: No

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 5627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2015
Sold by
Pm Investment Groups Inc
Bought by
Delgado Humberto Valdez and Valdez Maria J Chavez
Current Estimated Value
$354,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 20, 2012
Sold by
Mercado Victor
Bought by
Pm Investment Groups Inc

Purchase Details

Closed on
Jan 21, 2005
Sold by
Ihemadu Francis
Bought by
Mercado Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,800
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2004
Sold by
Dink Properties Inc
Bought by
Ihemadu Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2003
Sold by
Dale Shirley
Bought by
Dink Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 1994
Sold by
Dale Lawrence
Bought by
Dale Shirley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delgado Humberto Valdez $196,000 Usa National Title Co
Pm Investment Groups Inc $160,000 Stewart Title Of California
Mercado Victor $383,000 Landsafe Title
Ihemadu Francis $339,000 Fidelity National Title Co
Dink Properties Inc $95,000 Lawyers Title
Dale Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Humberto Valdez $127,400
Previous Owner Mercado Victor $229,800
Previous Owner Ihemadu Francis $245,000
Previous Owner Dink Properties Inc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2015 05/04/15 Sold $196,000 -12.9% $85 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $225,000 -- $98 / 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 $4,892 $235,554 $120,181 $115,373
2024 $4,892 $230,936 $117,825 $113,111
2023 $4,844 $226,409 $115,515 $110,894
2022 $4,608 $221,970 $113,250 $108,720
2021 $4,636 $217,619 $111,030 $106,589
2019 $4,521 $211,167 $107,738 $103,429
2018 $4,357 $207,027 $105,626 $101,401
2016 $4,155 $198,989 $101,525 $97,464
2015 $3,501 $163,937 $102,461 $61,476
2014 $3,449 $160,726 $100,454 $60,272
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Leo Nordine

    Nordine Realtors, Inc.

    Section Image
  • Marjorie Crow

    Buyer's Agent in 2015

    Marjorie Crow

    Beach City Brokers

    (310) 722-8250

    16 Total Sales

    Marjorie Crow
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15081447

California Regional Multiple Listing Service (CRMLS)

APN: 6156-016-067

California Los Angeles County Compton 90220

901 W Compton Blvd, Compton, CA

Not Listed for Sale

MultiFamily

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