NOT LISTED FOR SALE

9623 Compton Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $485,000 - $668,000

3 Beds
2 Baths
1,420 Sq Ft
$426/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $280,000 $197 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,527/month

17 Days on Market

About This Home

As of December 2016

Excellent Opportunity to Own this Duplex with a 2 Bedroom / 1 Bathroom and 1 Bedroom / 1 Bath, both units are tenant occupied. Good location close to public transportation and schools.

Last Agent to Sell the Property

Fernando Moreno

Coldwell Banker Envision License #01086376 Listed on: 07/26/2016

Coldwell Banker Envision

Last Buyer's Agent

IVAN ARRATA

L.A. Realty Services License #01418989

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,481 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • 1,420 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 6048005022

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6048005022
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 197.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Yard
  • Lot Size Sq Ft: 3481.00
  • Price Per Lot Square Foot: 79.00

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: Yes

Tax Info

  • Tax Lot: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Dec 6, 2016
Sold by
Smith Wilbert
Bought by
Munoz Carlos
Seller's Agent
Fernando Moreno
Coldwell Banker Envision
Buyer's Agent
IVAN ARRATA
L.A. Realty Services
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$605,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,428
Avg. Annual Appreciation
8.87%
Original Mortgage
$274,928
Outstanding Balance
$220,128
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$385,300

Purchase Details

Closed on
Aug 19, 2016
Sold by
Smith Beverly
Bought by
Smith Wilbert

Purchase Details

Closed on
Dec 4, 2007
Sold by
Smith Wilbert and Smith Wilbert
Bought by
Smith Wilbert and Smith Wilbert

Purchase Details

Closed on
Mar 16, 2001
Sold by
Washington Lovie and The Smith Revocable Trust
Bought by
Smith Wilbert

Purchase Details

Closed on
Aug 7, 1997
Sold by
Smith Ruby
Bought by
Smith Ruby and The Smith 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
Munoz Carlos $280,000 Fidelity National Title Co
Smith Wilbert -- None Available
Smith Wilbert -- None Available
Smith Wilbert -- Fidelity National Title Co
Smith Wilbert -- Civic Center Title Svcs Inc
Smith Wilbert -- --
Smith Ruby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Carlos $274,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $280,000 +1.8% $197 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $275,000 -- $194 / 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 $4,368 $324,959 $139,267 $185,692
2024 $4,368 $318,588 $136,537 $182,051
2023 $4,289 $312,342 $133,860 $178,482
2022 $4,102 $306,219 $131,236 $174,983
2021 $4,047 $300,215 $128,663 $171,552
2020 $4,081 $297,137 $127,344 $169,793
2019 $3,930 $291,312 $124,848 $166,464
2018 $3,859 $285,600 $122,400 $163,200
2016 $2,814 $209,054 $175,342 $33,712
2015 $2,771 $205,915 $172,709 $33,206
2014 $2,784 $201,882 $169,326 $32,556
Source: Public Records

Agents Affiliated with this Home

  • Fernando Moreno

    Seller's Agent in 2016

    Fernando Moreno

    Coldwell Banker Envision

    (562) 822-6116

    1 in this area

    29 Total Sales

    Fernando Moreno
    Section Image

  • I

    Buyer's Agent in 2016

    IVAN ARRATA

    L.A. Realty Services

    (909) 542-2222

    1 Total Sale

    IVAN ARRATA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16162912

California Regional Multiple Listing Service (CRMLS)

APN: 6048-005-022

California Los Angeles County Los Angeles 90002 Watts

9623 Compton Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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