NOT LISTED FOR SALE

940 W 151st St Compton, CA 90220

Estimated Value: $698,000 - $836,000

2 Beds
1 Bath
1,560 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $540,000 $346 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,878/month

58 Days on Market

About This Home

As of February 2020

Come and check this out !! Perfect home to invest or live in one unit and rent the second unit. This is a DUPLEX- 2 bed-1 bath each. Recently remodeled, 2 car garage, long driveway, and much more!! Current tenants are in a month to month lease. EASY TO SHOW! Rents are ; front unit $1650 and back unit $1750. BACK IN THE MARKET!!

Last Agent to Sell the Property

Paola Melendez

Century 21 Allstars License #01779654 Listed on: 11/17/2019

Century 21 Allstars

Last Buyer's Agent

Milton Flores

Century 21 Allstars License #02053143

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,294 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,560 Sq Ft Home
  • Property Attached
  • Planned Development

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 15223
  • Assessor Parcel Number 6161002005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Trash Expense $1,200
  • Water Sewer Expense $1,000
  • New Taxes Expense $6,625
  • Operating Expense $9,425
  • Gross Income $40,800
  • Net Operating Income $3,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: CORM*
  • Property Type: Residential Income
  • Parcel Number: 6161002005
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 346.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6294.00
  • Lot Size Acres: 0.1445

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 3400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6294.0000 Square Feet
  • Net Operating Income: 3200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 9425.00

Tax Info

  • New Taxes Expense: 6625.00
  • Tax Census Tract: 5425.01
  • Tax Lot: 5
  • Tax Tract Number: 15223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2019
Closed on
Jan 14, 2020
Sold by
Avila Luis C and Avila Berenice
Bought by
Chaidez David A
Seller's Agent
Paola Melendez
Century 21 Allstars
Buyer's Agent
Milton Flores
Century 21 Allstars
List Price
$530,000
Sold Price
$540,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$759,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,124
Avg. Annual Appreciation
5.95%
Original Mortgage
$530,219
Outstanding Balance
$467,559
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$291,565

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 11, 2017
Sold by
Zura Benjamin Wright
Bought by
Avila Luis C and Avila Berenice
Seller's Agent
Jessica Nieto
Brooke Realty
Buyer's Agent
Edgar Rodriguez
VICTORY REALTY AND INVESTMENTS
List Price
$429,900
Sold Price
$440,000
Premium/Discount to List
$10,100
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$432,030
Interest Rate
4.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2011
Sold by
Hudson James E
Bought by
Zura Benjamin Wright and The Benjamin Wright Zura Revocable 2000

Purchase Details

Closed on
Jun 16, 2006
Sold by
Washington Doris Darnell
Bought by
Hudson James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chaidez David A $540,000 Stewart Title
Avila Luis C $440,000 Fidelity National Title Co
Zura Benjamin Wright $148,653 Chicago Title
Hudson James E -- New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaidez David A $530,219
Previous Owner Avila Luis C $432,030
Previous Owner Hudson James E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2020 02/06/20 Sold $540,000 +1.9% $346 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
11/17/2019 11/17/19 For Sale $530,000 +20.5% $340 / Sq Ft
05/12/2017 05/12/17 Sold $440,000 -5.4% $282 / Sq Ft View Prior Sale
04/04/2017 04/04/17 Pending -- -- --
04/04/2017 04/04/17 Price Changed $465,000 +8.2% $298 / Sq Ft
03/20/2017 03/20/17 For Sale $429,900 -- $276 / 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 $10,795 $590,564 $295,282 $295,282
2024 $10,795 $578,986 $289,493 $289,493
2023 $10,645 $567,634 $283,817 $283,817
2022 $9,397 $556,504 $278,252 $278,252
2021 $9,499 $545,594 $272,797 $272,797
2020 $8,158 $466,931 $159,181 $307,750
2019 $8,064 $457,776 $156,060 $301,716
2018 $7,862 $448,800 $153,000 $295,800
2016 $4,138 $222,815 $132,628 $90,187
2015 $3,961 $219,469 $130,636 $88,833
2014 $3,897 $215,171 $128,078 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19266666

California Regional Multiple Listing Service (CRMLS)

APN: 6161-002-005