NOT LISTED FOR SALE

Estimated Value: $699,806 - $805,000

4 Beds
2 Baths
1,571 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $469,000 $299 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,852/month

138 Days on Market

About This Home

As of October 2018

This is the perfect opportunity to own your very own rental property in the up-and-coming area of Compton. Rent one and live in the other or rent them both out! Both units were upgraded in 2014 with brand new kitchens, granite counters included, brand new floors, carpet, interior and exterior paint, upgraded lighting, two car garage!!! Close to schools and shopping. Appliances are all included as well which were newly purchased in 2014!! Don't miss out on this opportunity....this duplex wont last. DO NOT WALK ON PROPERTY. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Amanda Rodriguez

Berkshire Hathaway HomeService License #01450225 Listed on: 04/02/2018

Berkshire Hathaway HomeService

Co-Listed By

Cindy De Los Santos

Berkshire Hathaway HomeServices California Properties License #01525692

Last Buyer's Agent

Manny Martinez

Berkshire Hathaway Home Services California Properties License #01785803

Berkshire Hathaway Home Services California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,647

Year Built

  • Built in 1958

Lot Details

  • 3,450 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • 1,571 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 4
  • Tax Tract Number 6468
  • Assessor Parcel Number 6178002023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Operating Expense $800
  • Gross Income $36,000
  • Net Operating Income $2,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,647

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: CORH*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6178002023
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 298.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 3450.00
  • Lot Size Acres: 0.0792

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 3450.0000 Square Feet
  • Net Operating Income: 2920.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 80.00
  • Rent Control: No
  • Total Actual Rent: 2830.00
  • Total Expenses: 800.00

Tax Info

  • Tax Census Tract: 5416.05
  • Tax Lot: 4
  • Tax Tract Number: 6468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Oct 9, 2018
Sold by
Rios George Albert
Bought by
Martinez Bonfillo
Seller's Agent
Amanda Rodriguez
Berkshire Hathaway HomeService
Buyer's Agent
Manny Martinez
Berkshire Hathaway Home Services California Properties
List Price
$475,000
Sold Price
$469,000
Premium/Discount to List
-$6,000
-1.26%
Current Estimated Value
$748,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,702
Avg. Annual Appreciation
6.37%
Original Mortgage
$351,750
Outstanding Balance
$308,642
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$408,025

Purchase Details

Closed on
Aug 28, 2018
Sold by
Rios Diana Ramos
Bought by
Rios George Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Outstanding Balance
$308,642
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$408,025

Purchase Details

Listed on
Oct 3, 2013
Closed on
Jan 9, 2014
Sold by
C & A Property Investments Llc
Bought by
Rios George Albert
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Todd Pearl
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$304,385
Interest Rate
4.29%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2013
Sold by
Smith Jonathan Lee
Bought by
C & A Real Property Investments Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Smith Jonathan Lee and Smith Jonathan
Bought by
Smith Jonathan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Estate Of Ruth C Stolt
Bought by
Smith Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1998
Sold by
Stolt Ruth C
Bought by
Stolt Ruth C
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
Martinez Bonfillo $469,000 Orange Coast Title Company
Rios George Albert -- Orange Coast Title
Rios George Albert $310,000 None Available
C & A Real Property Investments Llc -- None Available
Smith Jonathan Lee -- None Available
Smith Jonathan $204,000 First American Title Company
Stolt Ruth C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Bonfillo $351,750
Previous Owner Rios George Albert $298,000
Previous Owner Rios George Albert $304,385
Previous Owner Rios George Albert $304,385
Previous Owner Smith Jonathan Lee $269,000
Previous Owner Smith Jonathan $163,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $469,000 0.0% $299 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
07/24/2018 07/24/18 Price Changed $469,000 -1.3% $299 / Sq Ft
04/02/2018 04/02/18 For Sale $475,000 +53.2% $302 / Sq Ft
03/07/2014 03/07/14 Sold $310,000 +3.7% $197 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $299,000 -- $190 / 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 $9,647 $523,173 $223,101 $300,072
2024 $9,647 $512,916 $218,727 $294,189
2023 $9,510 $502,860 $214,439 $288,421
2022 $8,329 $493,001 $210,235 $282,766
2021 $8,417 $483,335 $206,113 $277,222
2020 $8,265 $478,380 $204,000 $274,380
2019 $8,169 $469,000 $200,000 $269,000
2018 $5,939 $333,980 $86,187 $247,793
2016 $5,647 $321,014 $82,842 $238,172
2015 $5,395 $316,193 $81,598 $234,595
2014 $3,672 $204,925 $84,381 $120,544
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18074194

California Regional Multiple Listing Service (CRMLS)

APN: 6178-002-023