407 West Cherry Street

Compton, CA 90222

$549,900
Price
2
Beds
2
Baths
1,295 Sq. Ft.
$425 / Sq. Ft.
1,295
Sq. Ft.
$425
per Sq. Ft.

Description

Positive cash flow! 2 units, 1 bedroom 1 bath each. Long drive way offers lots of off street parking. Close to schools, shopping, and transportation. Live in one and rent the other. Additional income opportunity with garage conversion.

Property Details for 407 West Cherry Street

Parking Spaces Total
2
Private Pool
No

Property Details for 407 West Cherry Street

StatusActive
MLS #DW20239217
Days on Market64
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.11 AC / 4,997 SF
CountyLos Angeles County

Listing Agent

Juan Avendano

ReMax College Park Realty

AvendJ@aol.com

P: 562.232.2233

M: 310.213.6756

DRE #01281681

Contact Agent(s)

Location

Listing Courtesy of ReMax College Park Realty, Juan Avendano, DRE #01281681

Building Information for 407 West Cherry Street

Stories-Residences-Year Built1949Building Size-Lot Size0.11 AC / 4,997 SF

Payment Calculator

$1,843 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,843

Property Taxes

HOA Dues

$0

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Property Information for 407 West Cherry Street

Property Features
    Interior Features
  • Common Walls: No Common Walls
  • Laundry: No
  • Laundry Features: None
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 2.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 2
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: false
  • Parcel Number: 6153016025
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1949
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 1295
  • Building Area Units: Square Feet
  • Living Area: 1295
Community/Development / Location Info
    School/Location Info
  • Zip Code: 90222
  • Street Number Numeric: 407.0
  • Street Name: Cherry
  • Street Direction Prefix: W
  • Street Suffix: Street
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: North of Rosecrans / East of Wilmington
  • MLS Area Major: Compton S of Rosecrans, E of Central,W of Alameda (RP)
    Association Information
  • Community Features: Sidewalks
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 5426.01
  • Tax Block: K
  • Tax Lot: 13
  • Tax Tract Number: 4368
  • Zoning: CORM*
    Income Details
  • Garage Income: $800
  • Gross Income: $4,800
  • Gross Scheduled Income: $4,800
  • Net Operating Income: $4,000
  • Other Income Description: Additional unpermitted unit.
  • Other Income 1: $1,300
    Expense Details
  • Electric Expense: $300
  • Fuel Expense: $200
  • Insurance Expense: $0
  • New Taxes Expense: $0
  • Operating Expense: $800
  • Total Expenses: $800
  • Trash Expense: $100
  • Water Sewer Expense: $200
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,400
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1400
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,400
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,300
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1300
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,300
  • Unit Type Type: 2
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: .11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4997
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 407 W Cherry St

DateEvent & SourcePriceAppreciation
Nov 13, 2020

Listed (Active)

SDMLS #DW20239217

$549,900
Nov 13, 2020

Listed (Active)

CRMLS #DW20239217

$549,900
Nov 13, 2020

Listed (Active)

CLAW #DW20239217MR

$549,900
DateEvent & SourcePrice
11/13/2020

Listed (Active)

SDMLS #DW20239217

$549,900
11/13/2020

Listed (Active)

CRMLS #DW20239217

$549,900
11/13/2020

Listed (Active)

CLAW #DW20239217MR

$549,900

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

Public Records for 407 West Cherry Street

Taxable ValueLand$249,906Additions$206,174Total$456,080
Tax Record2019$7,813 ($651 / month)
Home Facts
Total Finished SqFt1,295 SqFtAbove Grade Finished SqFt1,295 SqFtLot Size4,997 SqFtStyleDuplexYear Built1949Year Renovated1949ZoningCORM*CountyLOS ANGELESAPN6153016025

Schools near 407 West Cherry Street


SchoolTypeGradesDistanceRating
Rosecrans Elementary SchoolPublicPK-60.1 mi
5
Davis Middle SchoolPublic6-80.4 mi
3
St Timothys Episcopal SchoolPrivatePK-80.8 mi
NR
Our Lady Of Victory Elementary SchoolPrivateK-80.9 mi
NR

Rosecrans Elementary School

PK-6, 0.1 mi, Public

5

Davis Middle School

6-8, 0.4 mi, Public

3

St Timothys Episcopal School

PK-8, 0.8 mi, Private

NR

Our Lady Of Victory Elementary School

K-8, 0.9 mi, Private

NR

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.

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407 West Cherry Street is a multi-family home for sale in Compton, CA 90222. This property was listed for sale on November 13, 2020 by ReMax College Park Realty at $549,900. It has been on the market for a total of 65 days and was last sold on June 21, 2006. This listing's school district is Compton Unified School District. Nearby schools include Compton Early College High, Cesar Chavez Continuation High School and ISANA Achernar Academy. 407 West Cherry Street is a 2-bed, 2-bath, 1,295 sqft multi-family home built in 1949. This address can also be written as 407 W Cherry St.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of ReMax College Park Realty, Juan Avendano, DRE #01281681

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, 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, 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.