216 West Raymond Street

Compton, CA 90220

$830,000
Last Sold Price
6
Beds
3
Baths
1,892 Sq. Ft.
$439 / Sq. Ft.
1,892
Sq. Ft.
$439
per Sq. Ft.

Description

Back on the market with a price improvement! Fell out of previous escrow, buyer could not perform. Great opportunity to own income property with a great size lot in the city of Compton! This 3 unit gated property consist of three 2 bedroom,1 bathroom units. Two units are located downstairs, and 1 upstairs. Each unit is separately metered for gas and electric. There is a 3 car detached garage that can be converted into an ADU. There is plenty of parking in the front driveway, and rear driveway, along...Back on the market with a price improvement! Fell out of previous escrow, buyer could not perform. Great opportunity to own income property with a great size lot in the city of Compton! This 3 unit gated property consist of three 2 bedroom,1 bathroom units. Two units are located downstairs, and 1 upstairs. Each unit is separately metered for gas and electric. There is a 3 car detached garage that can be converted into an ADU. There is plenty of parking in the front driveway, and rear driveway, along with gated access through the rear alley. Yard space in the front, middle, and rear of garages. There is a huge avocado tree, a lemon tree, and a peach tree in the front yard. There is also a laundry room on the premises. This amazing investment property is within walking distance to metro station, and centrally located near 91,105,110, &710 freeways. Near Shopping Centers, Gateway Town Center, Crystal Park Casino, Compton Community College, Target, 24 Hour Fitness, and much more! Perfect for a first time homebuyer to live in 1 unit and rent out the other units, or an investor looking to generate income. Don't miss this amazing investment opportunity!
  1. Listed by Diamond Simien • DRE #01982223 • Brokerage DRE #01948605 • West Shores Realty, Inc. • 310-200-8624

Property Details for 216 West Raymond Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1892
Assessor Parcel Number
6163-016-002

Location

Listing Courtesy of West Shores Realty, Inc., Diamond Simien, DRE #01982223

Sold By West Shores Realty, Inc., Diamond Simien, DRE #01982223

Add your commute
LISTING UPDATED: 05/04/2023 06:09 AM

Property Details for 216 West Raymond Street

StatusClosed
MLS #IN23033689
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.17 AC / 7,476 SF
CountyLos Angeles County

Location

Listing Courtesy of West Shores Realty, Inc., Diamond Simien, DRE #01982223

Sold By West Shores Realty, Inc., Diamond Simien, DRE #01982223

Add your commute

Building Information for 216 West Raymond Street

Stories-Residences-Year Built1925Building Size-Lot Size0.17 AC / 7,476 SF

Payment Calculator

$5,617 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,530

Property Taxes

$1,087

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 216 West Raymond Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,200
  • Gross Scheduled Income: $73,200
  • Net Operating Income: $67,880
  • Current Financing: FHA
  • Financing: VA
Expense Details
  • Operating Expense: $5,320
  • Gardener Expense: $720
  • Fuel Expense: $0
  • Licenses Expense: $75
  • Electric Expense: $0
  • Insurance Expense: $2,150
  • Trash Expense: $967
  • Water Sewer Expense: $1,433
  • Total Expenses: $5,345
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: LOT 2
  • Tax Census Tract: 5432.03
  • CFD/Mello-Roos Fee: $856
  • Tax Lot: 2
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate, Tile, Vinyl
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Flag Lot, Near Public Transit, Sprinkler System, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Electric: Electricity Connected, Natural Gas Connected, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage, Garage - 2 Car, Gated
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Two Door, Gated, See Remarks
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 216 West Raymond Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 216 West Raymond Street

Taxable ValueLand$476,957Additions$206,719Total$683,676
Tax Record2023$13,049 ($1,087 / month)
Home Facts
Total Finished SqFt1,892 SqFtAbove Grade Finished SqFt1,892 SqFtLot Size7,476 SqFtStyleTriplexZoningCORH*CountyLOS ANGELESAPN6163-016-002

Schools near 216 West Raymond Street

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 - 6 to 8
Rating
School
Distance
Robert F. Kennedy Elementary School
PublicK to 8

Walton Middle School
Public6 to 8

Compton High School
Public9 to 12

Compton Community Day Middle School
Public6 to 8

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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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 West Shores Realty, Inc., Diamond Simien, DRE #01982223

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.