1010 S Grandee Ave, Compton, CA 90220
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1010 S Grandee Ave Compton, CA 90220

$899,000
  • 27 Beds
  • 10 Baths
  • 4,112 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified

Map preview of 1010 S Grandee Ave, Compton, CA 90220

Property Overview: 1010 S Grandee Ave Compton, CA has 27 bedrooms, 10 bathrooms, 4,112 living square feet and 9,878 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great Investment opportunity! Property consists of 4 units (Two 2/1 and Two 3/1). All units show very well. Propety will be delivered occupied. Centrally located to near restaurants, shopping, public transportation, freeway, LAX, and more... Motivated Seller. It's a MUST SEE! PLEASE DO NOT DISTURB THE TENANTS.

Listed by Sandy Dunkley | BRE #01832146 | Equity Real Estate-Los Angeles
Last checked: 1 minute ago | Last updated: May 23rd, 2024 | Source CRMLS | DOM: 148
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
9,878
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24342715
City
Compton
County
Los Angeles
Time on Site
149 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,340
  • Total Rent: $1,340
  • Pro Forma/Market Rent: $1,340
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,050
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.83
  • Gross Scheduled Income: --
  • Net Operating Income: $51,610
  • Gross Operating Income: $61,680
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1010 S Grandee Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete
Property Information
  • Total # of Units: 4
  • Parcel Number: 6141012055
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Main Streets - Alondra & Wilmington Avenue
View more facts & features

Local Compton Agent

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Sale History for 1010 S Grandee Ave

Last sold for $86,500 on February 23rd, 1999
  • January, 2024

  • Jan 4, 2024

    Date

    Active

    CRMLS: 24342715

    $1,100,000

    Price

  • February, 1999

  • Feb 23, 1999

    Date

    Sold (Public Records)

    Public Records

    $86,500

    Price

  • October, 1998

  • Oct 9, 1998

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

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Tax History for 1010 S Grandee Ave

Assessed Value (2020): $301,013
Year Land Value Improved Value Assessed Value
2020 $121,836 $179,177 $301,013

Home Value Compared to the Market

This property vs the competition

1010 S Grandee Ave is listed 47.38% higher than the median list price for the city of Compton which has a median list price of $609,999. The median price per/sqft for Compton is $503 and this home is listed at $218.63 per/sqft which puts the price per square foot 56.54% lower than the median price per square foot for the city of Compton.

About 1010 S Grandee Ave

Detailed summary of property

1010 S Grandee Ave is a multi family located in Compton, CA 90220 and is currently for sale. This multi family property offers 27 bedrooms, 10 bathrooms, roughly 4,112 living square feet, and sits on an approximately 9,878 square foot lot. 1010 S Grandee Ave was first listed on ArdentRealEstateGroup.com on January 4, 2024. The homeowner is currently asking $899,000 and was originally asking $1,100,000. The median priced home in Compton is $609,999 with a median price per square foot of $503. Based on Ardent Real Estate Group's Compton Market Data, this home is listed 47.38% higher than the median priced home. Local competing homes currently for sale include 115 W Imperial, 150 W 112th St and 10904 S Spring St. While the average home in Compton, CA is selling in 51 days, 1010 S Grandee Ave has a days on market of 148 days. There are currently 132 homes for sale in the Compton real estate market and 122 of them are single family homes while 3 of them are condos and 7 are townhomes. For more information on this home for sale at 1010 S Grandee Ave Compton, CA 90220 contact Ardent Real Estate Group and we will put you in touch with one of our Compton agents.

Public Facts for 1010 S Grandee Ave

Public county record property details
Beds
10
Baths
4
Year built
1955
Sq. Ft.
4,112
Lot Size
9,870
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
6141-012-055

The source for these homes facts are from public records.

90220 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$655,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
53
Median Sale to List Price %
106.5%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (45.45%), VA (9.09%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.