457 S Long Beach Blvd Compton, CA 90221

$1,860,000 Sold Price as of 01/08/2015

-- Beds
-- Baths
7,500 Sq.Ft.

Off Market

$1,860,000 Sold Price as of 01/08/2015 Refinance Your Mortgage

Map preview of 457 S Long Beach Blvd, Compton, CA 90221

Property Overview: 457 S Long Beach Blvd Compton, CA has -- bedrooms, -- bathrooms, 7,500 living square feet and 32,820 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

457 S Long Beach Blvd is currently an off market home in the city of Compton. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Compton has a median list price of $600,000. The median price per/sqft for Compton is $505. With those numbers in mind, if you are looking to purchase a median priced home in Compton, CA and put 20% down you will need to save up $120,000 for the down payment and will need roughly $12,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Compton the commission could be as much as $32,100. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 457 S Long Beach Blvd

Last sold for $1,860,000 on January 8th, 2015

June, 2023
Jun 24, 2023

Date

Expired

CRMLS: PW22162979

$3,695,000

Price
Jul 24, 2022

Date

Active

CRMLS: PW22162979

$3,980,000

Price
Listing provided courtesy of CRMLS

Property is a single tenant commercial property in the City of Compton. This property is located on the signalized corner of Long Beach Blvd and Myrrh St. The building is a 2-story former bank building that is currently leased to a Dialysis Center, a joint venture by one of the largest providers of kidney care services. The tenant has an initial 10-year term with 3 additional options for 5 yrs at Fair Market Value rents. The initial term has annual increase. The tenant pays their base rent with NNN each year. There is a Cell Tower lease with T-Mobile. This lease has 3% yearly increase with 7 options of 5 year each. Property is directly across from Numero Uno Market, O’Reilly Auto Parts and Bank of America. Long Beach Blvd is a major thoroughfare with various retailers that are local and national companies like Rite Aid, Mc Donald's, Dominos Pizza, and more.

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January, 2015
Jan 8, 2015

Date

Sold (Public Records)

Public Records

$1,860,000

Price

Tax History for 457 S Long Beach Blvd

Assessed Value (2020): $2,519,680

Year	Land Value	Improved Value	Assessed Value
2020	$890,138	$1,629,542	$2,519,680

About 457 S Long Beach Blvd

Detailed summary of property

457 S Long Beach Blvd is categorized with a use code of Medical Bldg/Clinic in Compton, CA 90221 and last sold on January 8, 2015 for $1,860,000. This property has -- bedrooms, -- bathrooms, roughly 7,500 living square feet, and sits on an approximately 32,820 square foot lot. Homes in Compton are selling for a median price of $642,000 and a median price per square foot of $526. Based on Ardent Real Estate Group's Compton Market Data, this home is sold 189.72% higher than the current median priced home. 457 S Long Beach Blvd was last sold on January 8, 2015 for $1,860,000. Local nearby listings include 1909 E 59th St, 5535 Ackerfield Ave #9 and 5530 Ackerfield Ave #302. The average home in Compton, CA is selling in 53 days. There are currently 138 homes for sale in the Compton real estate market and 127 of them are single family homes while 3 of them are condos and 8 are townhomes. If you are the homeowner and looking to sell the home at 457 S Long Beach Blvd Compton, CA 90221 contact Ardent Real Estate Group and we will put you in touch with one of our Compton agents.

Public Facts for 457 S Long Beach Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1971
Sq. Ft.: 7,500
Lot Size: 32,820
Stories: 1

Type: Medical Bldg/Clinic
Pool: No
Spa: No
County: Los Angeles
Lot#: 9-15
APN: 6179-027-029

The source for these homes facts are from public records.

90221 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$649,000

Median List Price/Sq.Ft.

$481

Median Sold Price

$649,000

Median Sold Price/Sq.Ft.

$459

Total Inventory

Median Sale to List Price %

103.03%

Avg Days on Market

Loan Type

Conventional (11.11%), FHA (44.44%), VA (0%), Cash (11.11%), Other (11.11%)

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