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    16106 Bullis Rd Compton, CA 90221-4428
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    Property profile & analytics

    16106 Bullis Rd, Compton, CA 90221-4428

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    • Apartment buildings
    • 4,232 SF
    • 0.12 lot acres
    Off-Market
    Last Sale Jan 18, 2024
    $1,375,000
    Property ID
    US09-8922312
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,375,000
    Show details
    Cap Rate Potential
    5%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 16106 Bullis Rd

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Zone code
    LCR3YY
    Property type
    Apartment buildings
    APN
    7302-005-003
    APU
    7302005003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 20, 2025 — Gerardo Guerrero — Deed · related $900k · Financial Partners Cu
    Jan 18, 2024 $1,375,000 Gerardo Guerrero Jorge Alberto Vaca Grant Deed $855k · Fidelity Bridge Loans LLC
    Oct 16, 2023 — Jorge Alberto Vaca — Deed · related $57k · Herbert Seuchi Tasaka
    Aug 29, 2022 — Jorge Alberto Vaca Jorge Alberto Vaca Intrafamily Transfer · related —
    Aug 31, 2021 — Jorge Alberto Vaca — Deed · related $155k · Jerry Stamatolates
    Jul 7, 2021 — Jorge Alberto Vaca Jorge Alberto Vaca Intrafamily Transfer · related —
    Mar 29, 2019 — Jorge Alberto Vaca — Deed · related $815k · Luther Burbank Savings
    Nov 21, 2018 — Vaca,miguel F 2017 Trust — Deed · related $100k · Bronzetree Terraces LLC
    Oct 4, 2018 — Owner Name Unavailable Vaca,miguel F Affidavit Of Death · related $100k · Bronzetree Terraces LLC
    Jun 5, 2017 — Vaca,miguel F 2017 Trust Vaca,miguel F Quit Claim Deed · related —
    Jan 8, 2010 $450,000 Miguel F Vaca Murray,lester Grant Deed $360k · Oberoi Amit & O Living Trust
    Apr 3, 2006 — Lester Murray Murray,lester Quit Claim Deed · related $375k · Emvest Mortgage Fund LLC
    Jan 11, 2001 — Lester Murray Murray,l Quit Claim Deed · related —
    Dec 20, 1999 $280,000 Lester Murray Clevland Equity Partners INC Grant Deed $278k · Guild Mortgage Co
    Apr 29, 1998 $122,500 Cleveland Equity Partners INC Garner,william Grant Deed · related $99k · Mcalister Investments INC
    Nov 22, 1989 $35,000 Don W Hardin Unknown Grant Deed —
    — — Miguel F Vaca — Deed Of Trust · related $390k · Universal Bank
    — — Lester Murray — Deed Of Trust · related $425k · Oberoi Amit & O Living Trust
    — — Vaca,miguel F 2017 Trust — Deed Of Trust · related $100k · Bronzetree Terraces LLC
    — — Vaca,miguel F 2017 Trust — Deed Of Trust · related $100k · Bronzetree Terraces LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,375,000
      ML approach
      $1,375,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,135,000
      6.5%
      $1,050,000
      7%
      $975,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,217,000
      Market price range: $669k - $2.28M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $910,000
      Current use
      MEDICAL BUILDING
      $1,925,000
      Change: +112% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,450,000
      Change: +60% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $960,000
      Change: +6% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $945,000
      Change: +4% Conversion: Difficult
      OFFICE BUILDING
      $840,000
      Change: -8% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Compton
    County
    Los Angeles
    State
    California
    Longitude
    -118.206
    Latitude
    33.8875
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,102
    $227,563
    $568,914
    $796,477
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,480,000
      10,870 SF

      815 Rose Ave

      APARTMENT HOUSE (5+ UNITS)
      815 Rose Ave, Compton, CA 90221-2054
      View Details
    • Value Estimation
      $895,000
      5,308 SF

      406 Rosecrans Ave

      APARTMENT HOUSE (5+ UNITS)
      406 Rosecrans Ave, Compton, CA 90221-2038
      View Details
    • Value Estimation
      $655,000
      4,054 SF

      711 Rose Ave

      APARTMENT HOUSE (5+ UNITS)
      711 Rose Ave, Compton, CA 90221-2043
      View Details
    • Value Estimation
      $790,000
      3,848 SF

      110 Burris Ave

      APARTMENT HOUSE (5+ UNITS)
      110 Burris Ave, Compton, CA 90221-2857
      View Details
    • Value Estimation
      $785,000
      6,472 SF

      4821 Compton Blvd

      APARTMENT HOUSE (5+ UNITS)
      4821 Compton Blvd, Compton, CA 90221-3153
      View Details
    • Value Estimation by Request
      3,344 SF

      14719 Atlantic Ave

      APARTMENT HOUSE (5+ UNITS)
      14719 Atlantic Ave, Compton, CA 90221-3054
      View Details

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      Compton Multifamily Investment Opportunity

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    Similar Nearby for Lease

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      30,000 SF

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    • Contact for pricing
      35,333 SF

      Industrial Building with Fenced Yard

      Functional industrial building featuring a private, fenced yard and ample parking.
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    • Contact for pricing
      30,886 SF

      Compton Crossdock/Warehouse with Yard

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      View Details
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    Compton, CA 90221-4428
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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