NOT LISTED FOR SALE

9612 Compton Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $752,000 - $823,000

4 Beds
4 Baths
2,238 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $450,000 $201 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,651/month

49 Days on Market

About This Home

As of April 2017

Great Opportunity!.Very nice fourplex.WITH HUGE LOT!.2 UNITS ARE CURRENTLY VACANT AND COMPLETELY REMODELED,READY TO MOVE IN.One bedroom and one bath each.This attractive Property offers 2,138 Sqft of living space and sits on a very deep lot 7,658 Sqft.Zoned R4 (per assesor's). Plenty of parking spaces in addition to a DETTACHED OVERSIZE GARAGE WITH STORAGE SPACE. with 1 car space and storage space everything is permitted(per assesor's).2 of the four units have been completely remodeled,with new kitchens with granite counter tops,new bathrooms,new laminated floors and carpet. The building exterior has been painted,New iron fence.Plus a very spacious room next to the garage currently being used as storage.Plenty of parking space,Great Investment Property.

Last Agent to Sell the Property

Jesse Barocio

Century 21 Realty Masters License #00975018 Listed on: 01/03/2017

Century 21 Realty Masters

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,658 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,238 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 1820
  • Assessor Parcel Number 6048021004

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 6048021004
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 201.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7658.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2423.00
  • Tax Lot: 10
  • Tax Tract Number: 1820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 14, 2017
Sold by
Dreamax Llc
Bought by
Benavides Juan Araujo
Seller's Agent
Jesse Barocio
Century 21 Realty Masters
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$772,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,053
Avg. Annual Appreciation
6.54%
Original Mortgage
$441,849
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2016
Sold by
Maciel Victor
Bought by
Dreamax Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2016
Sold by
Jones Rubye
Bought by
Maciel Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Warren Marjorie W
Bought by
Warren Marjorie W and The Marjorie W Warren Revocable Trust
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
Benavides Juan Araujo $450,000 First American Title
Dreamax Llc $130,000 None Available
Maciel Victor $130,000 Fatcola
Warren Marjorie W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benavides Juan Araujo $441,849
Previous Owner Maciel Victor $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $450,000 -2.0% $201 / Sq Ft
01/28/2017 01/28/17 Price Changed $459,000 +0.9% $205 / Sq Ft
01/17/2017 01/17/17 Price Changed $455,000 -0.9% $203 / Sq Ft
01/03/2017 01/03/17 For Sale $459,000 -- $205 / 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 $7,413 $534,999 $301,749 $233,250
2024 $7,413 $524,510 $295,833 $228,677
2023 $7,281 $514,227 $290,033 $224,194
2022 $6,975 $504,146 $284,347 $219,799
2021 $6,884 $494,262 $278,772 $215,490
2019 $6,557 $468,180 $270,504 $197,676
2018 $6,397 $459,000 $265,200 $193,800
2016 $1,337 $41,167 $15,302 $25,865
2015 $1,318 $40,550 $15,073 $25,477
2014 $1,338 $39,756 $14,778 $24,978
Source: Public Records

Agents Affiliated with this Home

  • Jesse Barocio

    Seller's Agent in 2017

    Jesse Barocio

    Century 21 Realty Masters

    (323) 562-7777

    1 in this area

    35 Total Sales

    Jesse Barocio
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    6,215 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17001394

California Regional Multiple Listing Service (CRMLS)

APN: 6048-021-004

California Los Angeles County Los Angeles 90002 Watts

9612 Compton Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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