118 E Cypress St, Compton, CA 90220
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118 E Cypress St Compton, CA 90220

$770,000 Sold Price as of 04/14/2020
  • 7 Beds
  • 4 Baths
  • 2,754 Sq.Ft.
Sold
$770,000 Sold Price as of 04/14/2020 Refinance Your Mortgage

Map preview of 118 E Cypress St, Compton, CA 90220

Property Overview: 118 E Cypress St Compton, CA has 7 bedrooms, 4 bathrooms, 2,754 living square feet and 7,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Cap 6.4% ..............Great property Investment Income Opportunity, Don't wait please bring your Buyer. Total of 4 unit, 2 of them with 1 Bed and 1 Bath, 3rd unit 2 bed and 1 bath and 4th unit, 3 bed and 1 bath... Plenty parking space with a long drive way.

Listed by Wonnie Kim | BRE #01873341 | Kim Real Estate, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
7,840
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW19280018
City
Compton
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,440
  • Total Rent: $1,440
  • Pro Forma/Market Rent: $1,440
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,175
  • Total Rent: $1,175
  • Pro Forma/Market Rent: $1,175
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,522
  • Total Rent: $1,522
  • Pro Forma/Market Rent: $1,522
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,844
  • Net Operating Income: $62,344
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,000
  • Trash: $1,000
  • Insurance: $1,500
  • Water/Sewer: $4,000

Property Details for 118 E Cypress St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6160021006
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Alondra Blvd, and Alameda
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Compton Agent

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Sale History for 118 E Cypress St

Last sold for $770,000 on April 14th, 2020
  • April, 2020

  • Apr 14, 2020

    Date

    Sold

    CRMLS: DW19280018

    $770,000

    Price

  • Apr 1, 2020

    Date

    Pending

    CRMLS: DW19280018

    $850,000

    Price

  • Jan 28, 2020

    Date

    Active Under Contract

    CRMLS: DW19280018

    $850,000

    Price

  • Dec 12, 2019

    Date

    Active

    CRMLS: DW19280018

    $850,000

    Price

  • April, 2020

  • Apr 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $770,000

    Price

  • October, 2019

  • Oct 17, 2019

    Date

    Canceled

    CRMLS: DW19168635

    $850,000

    Price

  • Sep 27, 2019

    Date

    Active

    CRMLS: DW19168635

    $850,000

    Price

  • Sep 6, 2019

    Date

    Pending

    CRMLS: DW19168635

    $850,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: DW19168635

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    CAP 6.4%.GREAT PROPERTY FOR INCOME OPPORTUNITY, DON'T WAIT , PLEASE BRING YOUR BUYER....4 UNITS, LONG DRIVEWAY WITH PLENTY OF SPACE.....

  • June, 2019

  • Jun 21, 2019

    Date

    Canceled

    CRMLS: DW19093676

    $850,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: DW19093676

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT PROPERTY FOR INCOME OPPORTUNITY, DON'T WAIT, PLEASE BRING YOUR BUYER.....4 UNITS, LONG DRIVEWAY WITH PLENTY SPACE...

  • August, 2016

  • Aug 25, 2016

    Date

    Sold (Public Records)

    Public Records

    $562,000

    Price

  • June, 2016

  • Jun 17, 2016

    Date

    Price Change

    CRMLS: DW16131582

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Great income property, perfect for first time home buyers. 4 units, two of which are remodeled. One two car garage and one car garage. Long driveway with space to park cars.

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Tax History for 118 E Cypress St

Assessed Value (2020): $597,057
Year Land Value Improved Value Assessed Value
2020 $212,241 $384,816 $597,057

Home Value Compared to the Market

This property vs the competition

118 E Cypress St sold on April 14, 2020 for 40.5% higher than the current median sold price for the city of Compton which is $605,000. The median sold price per/sqft for Compton is $539 and this home is sold at $308.64 per/sqft which puts the price per square foot 42.74% lower than the current median sale per square foot for the city of Compton.

About 118 E Cypress St

Detailed summary of property

118 E Cypress St is a multi family that recently sold in Compton, CA 90220. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 2,754 living square feet, and sits on an approximately 7,840 square foot lot. 118 E Cypress St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $770,000. Home in Compton are selling for a median price of $605,000 and a median price per square foot of $539. Based on Ardent Real Estate Group's Compton Market Data, this home is sold 40.5% higher than the current median priced home. Local homes that are currently for sale include 632 E. 107th Street, 2112 E 92nd St and 9305 Maie Ave. While the average home in Compton, CA is selling in 66 days, 118 E Cypress St has a days on market of 47 days. There are currently 124 homes for sale in the Compton real estate market and 117 of them are single family homes while 2 of them are condos and 5 are townhomes. For more information on this home for sale at 118 E Cypress St Compton, CA 90220 contact Ardent Real Estate Group and we will put you in touch with one of our Compton agents.

Public Facts for 118 E Cypress St

Public county record property details
Beds
7
Baths
4
Year built
1947
Sq. Ft.
2,754
Lot Size
7,839
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
6160-021-006

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
$624,500
Median List Price/Sq.Ft.
$532
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$704
Total Inventory
46
Median Sale to List Price %
94.99%
Avg Days on Market
46
Loan Type
Conventional (42.86%), FHA (14.29%), VA (14.29%), Cash (0%), Other (14.29%)

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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.