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$700,000   Price Analysis
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823 W 131st St
Compton, CA 90222
4 bed 2 bath 1,612 SqFt ($434/SqFt)
6,021SqFt lot. Built 1940
Listed 2024-04-26, Taxes $4,501
Ⓧ USDA Ineligible
due to location

near Compton

Presenting an outstanding opportunity: a gated duplex comprising two charming freestanding homes

Each boasting its own unique features. One house offers 3 bedrooms and 1 bath on a slab foundation, while the other features 2 bedrooms and 1 bath on a raised foundation. Both homes enjoy open private backyards shaded by lush fruit trees, including guavas, avocados, apples and mandarines, creating a serene and picturesque atmosphere for comfortable living.The 3-bedroom house showcases faux wall paint, charming floor tiles and an inviting eat-in kitchen with laundry hookups. Meanwhile, the 2-bedroom house features an eat-in kitchen, laundry room and a back porch leading to the backyard.

The option to further dvide the front yard enhances the sense of separation and privacy between the two homes, making it perfect for family members living close, but desiring their own space. Ideally situated, this property offers easy access to shopping centers and major freeways, including the 105 and 110, as well as nearby educational institutions such as King/Drew Magnet High School of Medicine and Science and Charles R. Drew University. Additional amenities and services within reach include Martin Luther King Community Hospital, Walmart Supercenter, Magic Johnson Park and Compton Airport. Don't miss out on this rare opportunity to own a tranquil retreat with unlimited potential for comfortable living and investment in a desirable neighborhood. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.


Presented by Anna Kadinowa at
Christie's AKG.


Property MLS #24-377099 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Heating Features: Space Heater

Lot Size Acres: 0.1382231
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6021

Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2300, 2 BedsTotal: 3, 2 BathsTotal: 1, 2 SquareFeet: 3300

Source Listing Status: Active
County: Los Angeles
Cap Rate: 6.42
Directions: Google maps
Source Property Type: Residential Income
Area: Compton N of Rosecrans, E of Central
Source Neighborhood: Compton N of Rosecrans, E of Central
Parcel Number: 6146-005-008
Postal Code Plus 4: 2015
Zoning: CORL
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$79,041 + $125,251
$204,292
$4,501
2021$77,492 + $122,796
$200,288
$3,885
2020$76,698 + $121,537
$198,235
$4,406
2019$75,195 + $119,154
$194,349
$4,363
2018$73,721 + $116,818
$190,539
$4,212
2017$72,276 + $114,528
$186,804
$4,082
2016$70,859 + $112,283
$183,142
$3,966
2015$69,795 + $110,597
$180,392
$3,810
2014$68,428 + $108,431
$176,859
$3,755
2013$64,989 + $104,823
$169,812
$3,645
2012$63,715 + $102,768
$166,483
$3,581
2010$62,466 + $100,753
$163,219
$4,969
2009$127,344 + $424,483
$551,827
$9,341
2009$110,000 + $150,000
$260,000
$9,341
2008$124,848 + $416,160
$541,008
$9,209
2007$122,400 + $408,000
$530,400
$9,439

Listed 2024-04-26
$700,000
TheMLSCLAW
Sold 2010-06-15
$162,000
SoCalMLS
Relisted 2010-05-24
$150,900
SoCalMLS
Listing removed 2010-05-10
$150,900
SoCalMLS
Listed 2010-04-08
$150,900
SoCalMLS
Sold 2006-03-31
$520,000
Public Record
Sold 1998-09-25
$140,000
Public Record
Sold 1979-01-31
$39,500
Public Record

Net Operating Income: 44926

Total Square Feet Living: 1612
Year Built: 1940
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 84
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven, Refrigerator, Dishwasher

Willowbrook Middle School is a public middle school located approximately 0.2 miles away.
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Ronald E. Mcnair Elementary School is a public elementary school located approximately 0.5 miles away.
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Centennial High School is a public high school located approximately 0.8 miles away.
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New Images Youth Foundation is a private elementary school located approximately 0.7 miles away.
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Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.