Sold for $650,000

$650,000

1016 E Oaks St, Compton, CA 90221

7beds

3baths

2,872sqft

Multi Family

Built in 1929

-- sqft lot

$777,400 Zestimate^®

$226/sqft

$3,750 Estimated rent

Home value

$777,400

$700,000 - $855,000

$3,750/mo

Zestimate^® history

Owner options

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$3,750/mo

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$3,750/mo

Rent Zestimate^®

Refinance and save

$4,118/mo

Est. payment

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$4,118/mo

Est. payment

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What's special

Welcome to this fantastic investment opportunity nestled in the vibrant community of Compton! One Unit offers 3 Large bedroom 1 bath . One unit is a 2 Bedroom 2 bath . There are 1-one bedroom 1 bath unit that will be delivered vacant and one more bonus room. These units present an exciting opportunity to update and increase rental income potential. Located in Compton, a dynamic community known for its cultural diversity and thriving local amenities, this property enjoys proximity to schools, parks, shopping centers, and major transportation routes. Don't miss out on this excellent investment opportunity

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3

Heating

Wall

Cooling

None

Interior area

Total structure area: 2,872
Total interior livable area: 2,872 sqft

Property

Parking

Parking features: Garage - 1 Car, Paver Block
Has garage: Yes
Has uncovered spaces: Yes

Features

Levels: Multi/Split
Stories: 2

Lot

Size: 4,687 Square Feet

Details

Additional structures: None
Parcel number: 6176006014
Zoning: CORM*
Special conditions: Standard
Other equipment: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1929

Community & HOA

Location

Region: Compton

Financial & listing details

Price per square foot: $226/sqft
Tax assessed value: $590,000
Date on market: 2/23/2024

Price history

Date	Event	Price
12/19/2024	Sold	$650,000-17.6%$226/sqft
Source: CLAW #24-360919 Report a problem
7/1/2024	Contingent	$789,000$275/sqft
Source: CLAW #24-360919 Report a problem
2/23/2024	Listed for sale	$789,000+409%$275/sqft
Source: CLAW #24-360919 Report a problem
12/29/1993	Sold	$155,000$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$663,000 +2%
2025	$11,981 +5.6%	$650,000 +8%
2024	$11,343 +1.4%	$601,800 +2%
2023	$11,187 +135.4%	$590,000 +137.7%
2022	$4,752 -0.6%	$248,225 +2%
2021	$4,779 +1.7%	$243,359 +1%
2020	$4,700	$240,865 +2%
2019	$4,700 +4.6%	$236,143 +2%
2018	$4,495	$231,514 +2%
2017	$4,495 +2.7%	$226,976 +2%
2016	$4,375 +2.8%	$222,526 +1.5%
2015	$4,258 +6%	$219,185 +2%
2014	$4,017	$214,892 +5%
2009	--	$204,566 +2%
2008	--	$200,556 +2%
2007	--	$196,624 +2%
2006	--	$192,770
2005	--	$192,770 +4%
2004	--	$185,287 +8.1%
2000	--	$171,405