1028 South Grandee Avenue

Compton, CA 90220

$895,000
Last Sold Price
10
Beds
4
Baths
4,112 Sq. Ft.
$218 / Sq. Ft.
4,112
Sq. Ft.
$218
per Sq. Ft.

Description

Great property for Investors! Property consists of 4 units ( 2= 3 beds 1 bath & 2= 2 beds 1 bath). All units show very well, Property sold in As-Is Present condition..... centrally located to shopping, freeway access and public transportation. It's a MUST SEE Property...... Sellers Motivated! see you in Escrow!Great property for Investors! Property consists of 4 units ( 2= 3 beds 1 bath & 2= 2 beds 1 bath). All units show very well, Property sold in As-Is Present condition..... centrally located to shopping, freeway access and public transportation. It's a MUST SEE Property...... Sellers Motivated! see you in Escrow!
  1. Listed by Robert Coleman • DRE #01865607 • Brokerage DRE #01980299 • Equity Real Estate-Los Angeles

Property Details for 1028 South Grandee Avenue

Zoning
CORH*
Parcel Number
6141012053
Total Units
4.0
Living Area
4112
Source Living Area
Vendor Enhanced
Area
Compton S of Rosecrans, E of Central, W of Alameda (RP)
Vacancy Rate
0
Lot Size Area
11228

Location

Listing Courtesy of Equity Real Estate-Los Angeles, Robert Coleman, DRE #01865607

Sold By Superior Real Estate Group, Heather Lam, DRE #01864352

Add your commute
LISTING UPDATED: 01/27/2022 12:02 AM

Property Details for 1028 South Grandee Avenue

StatusSold
MLS #21-794742
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.26 AC / 11,228 SF
CountyLos Angeles County

Location

Listing Courtesy of Equity Real Estate-Los Angeles, Robert Coleman, DRE #01865607

Sold By Superior Real Estate Group, Heather Lam, DRE #01864352

Add your commute

Building Information for 1028 South Grandee Avenue

Stories2Residences-Year Built1955Building Size-Lot Size0.26 AC / 11,228 SF

Payment Calculator

$6,225 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,884

Property Taxes

$1,341

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1028 South Grandee Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Income
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $68,280
  • Net Operating Income: $51,538.00
  • Gross Income: $68,280
  • Gross Rent Multiplier: $158.00
  • Other Income1: $68,280.00
  • Total Annual Expense: 16741
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2578
  • Lot Size Square Feet: 11228
Parking Details
Parking Details
  • Parking Garage: Attached, Driveway
  • Total Parking: 4
  • Garage Spaces Total: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Flooring: Carpet, Tile
  • Equipment: Range/Oven, Refrigerator
  • Cooking Appliances: Electric, Gas
  • Laundry: None
Exterior Features
Exterior Features
  • Roof: Tile
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-12-2021
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,522.00
  • Unit Actual Rent: $1,522.00
  • Unit Projected Rent: $1,522.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,405.00
  • Unit Actual Rent: $1,405.00
  • Unit Projected Rent: $1,405.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,100.00
  • Unit Actual Rent: $1,100.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,663.00
  • Unit Actual Rent: $1,663.00
  • Unit Projected Rent: $1,663.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $289,420.00
  • Assessed Improvement Percent: 68.85
  • Assessed Land Value: $130,959.00
  • Assessed Land Percent: 31.15
  • Assessed Total Value: $420,379.00

Property History for 1028 South Grandee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1028 South Grandee Avenue

Taxable ValueLand$612,000Additions$300,900Total$912,900
Tax Record2023$16,090 ($1,341 / month)
Home Facts
Total Finished SqFt4,112 SqFtAbove Grade Finished SqFt4,112 SqFtLot Size11,223 SqFtStyleQuadraplexYear Built1955ZoningCORH*CountyLOS ANGELESAPN6141-012-053

Schools near 1028 South Grandee Avenue

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Longfellow Elementary School
PublicK to 8

Enterprise Middle School
Public6 to 8

Compton High School
Public9 to 12

Compton Community Day High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Real Estate-Los Angeles, Robert Coleman, DRE #01865607

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.