2 months on rocket

1016 E Oaks St, Compton, CA, 90221

$789,000

Home List Price

$9,369*

Closing Credit

7 Bedrooms
3 Baths
2,872 SqFt
$275/SqFt
House
Schools Nearby

Location

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1016 E Oaks St, Compton$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Single, Garage, Paved
Year Built1929
HeatingWall Furnace
CoolingNone
MLS #24360919
Lot Size0.11 Acres
StatusActive

About 1016 E Oaks St

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

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 2
  • Living Area: 2,872 SqFt

Listing Office:

  • Office Name: The Hills Premier Realty
  • Office Phone: (310) 300-8448
  • Listing Agent: Melissa Knight

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Door-Single, Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North of Rosecrans

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,000
  • Price Per SqFt: $275/SqFt

Tax Information:

  • Annual Amount: $4,779
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Compton, CA.

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Compton, CA

City

Med. Sold Price

$599K

Med. Price/SqFt

$520

Avg. Days On Market

44

# of Sold Homes

38

1016 E Oaks St vs Compton

65 DAYS ON ROCKET

+21 Days

$789,000

+$190K More

$275/SqFt

-$246 Less

KEY TAKEAWAY

This property is $190K more than the Median Sold Price and $246/SqFt less than other homes in Compton, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24360919

Listing Office:

  • Office Name: The Hills Premier Realty
  • Office Phone: (310) 300-8448
  • Listing Agent: Melissa Knight

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 1993Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,779$243,359
2020$4,645$240,865
2019$4,495$236,143
2018$4,375$231,514
2017$4,375$226,976

History based on county public records data.

Payment Calculator

$4,005

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,432

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2544407
3
/10

  • Helen Keller Elementary School

  • 3521 Palm Ave

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-2544408
7
/10

  • Mayo Elementary School

  • 915 N Mayo Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-2544409
3
/10

  • Foster Elementary School

  • 1620 N Pannes Ave

  • 0.59 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,340. Typical income of Compton, CA residents is between $35k-100k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1016 E Oaks St

What is the listing price of this property?

The listing price of 1016 E Oaks St property is $789,000.

What type of property is this?

The property 1016 E Oaks St is a house located in Compton, California, 90221.

Is this property for sale now?

Active Listing: 1016 E Oaks St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,779 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 29, 1993 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1016 E Oaks St has 7 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1016 E Oaks St is 2,872 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1016 E Oaks St is 1929.

Rocket Homes›California›Los Angeles County›Compton›90221›1016 E Oaks St

This home is located at 1016 E Oaks St in Compton, CA and zip code 90221 in the The Southeast neighborhood. This 2,872 square foot home, which was built in 1929, sits on a 0.11 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $789,000.

Compton, CA housing market in March 2024 saw over 22 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. The number of listings in Compton, CA increased by 5.8% between February 2024 and March 2024. In March 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $599,000.

From Rocket Homes Real Estate and based on county public records data.

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