10 days on rocket

410 N Pearl Ave, Compton, CA, 90221

$1,025,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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410 N Pearl Ave, Compton$1,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1953
HeatingCentral, Forced Air
CoolingWall/Window Unit(s)
MLS #RS24082180
Lot Size0.20 Acres
StatusActive

About 410 N Pearl Ave

Investment Opportunity!! This well-maintained fourplex offers excellent potential for investors seeking strong returns Built in 1953, the property consists of three buildings: *** Unit (A) is a 3 bed & 1.75 bath house with its own backyard and attached one car garage *** Unit B: Is a comfortable 2-bedroom, 1-bathroom unit *** Units C & D: Are two charming 1-bedroom, 1-bathroom units Reposition and unlock additional revenue with proforma rents almost doubling current income! Additional opportunity also exists with the 580 sq ft garage. Currently used for storage, it has the potential to be converted into an Accessory Dwelling Unit (ADU), generating additional rental income. Strong Rental Market Current rents total $5,585/month, with an estimated 40%+ in upside potential rent. This property is ideal for investors seeking a fix-and-flip strategy or a long-term hold with significant income growth. Highlights: Four-unit apartment complex in desirable location Large lot with development potential (zoned CORH) Three well-maintained buildings Significant upside potential Potential ADU conversion opportunity This property is exempt from LA City rent control, offering additional flexibility for investors

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: Executive Bankers Realty
  • Office Phone: (310) 754-0124
  • Listing Agent: Isaac Rosales

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Compton Blvd and Pearl Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,025,000

Tax Information:

  • Annual Amount: $9,983
  • 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

$600K

Med. Price/SqFt

$529

Avg. Days On Market

32

# of Sold Homes

37

410 N Pearl Ave vs Compton

10 DAYS ON ROCKET

-22 Days

$1,025,000

+$425K More

KEY TAKEAWAY

This property is $425K more than the Median Sold Price in Compton, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RS24082180

Listing Office:

  • Office Name: Executive Bankers Realty
  • Office Phone: (310) 754-0124
  • Listing Agent: Isaac Rosales

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: 5/6/2024, 8:20:45 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2014Home Sold
$495,000
Nov 22, 2013Home Sold
$351,000
Jun 27, 2013Home Sold
$284,000
Jun 29, 2005Home Sold
$580,000
Dec 01, 2004Home Sold
$410,000
Jan 07, 2003Home Sold
$319,000
Oct 08, 2002Home Sold
$198,000
Aug 25, 2000Home Sold
$188,000
Mar 12, 1990Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,983$549,604
2020$9,694$543,970
2019$9,372$533,305
2018$9,104$522,849
2017$9,104$512,598

History based on county public records data.

Payment Calculator

$5,183

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,140

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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-6869749
7
/10

  • Mayo Elementary School

  • 915 N Mayo Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-6869750
4
/10

  • Roosevelt Elementary School

  • 700 N Bradfield Ave

  • 0.55 miles

  • Public District Grades KG-6

school-card-donut-6869751
3
/10

  • Foster Elementary School

  • 1620 N Pannes Ave

  • 0.81 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 $39,364. The majority of Compton, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Compton›90221›410 N Pearl Ave

This home is located at 410 N Pearl Ave in Compton, CA and zip code 90221 in the The Southeast neighborhood. This home, which was built in 1953, sits on a 0.20 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,025,000.

Over 21 listings were sold over their listed price in April 2024 in Compton, CA. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price. In April 2024 in Compton, CA there were 5.4% less homes for sale than in March 2024. While the average time on the market in April 2024 was 32 days, the median list price was $600,000.

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

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