14710 Atlantic Avenue

Compton, CA 90221

$800,000
Price
4
Beds
4
Baths
1,712 Sq. Ft.
$467 / Sq. Ft.
1,712
Sq. Ft.
$467
per Sq. Ft.

Description

We are pleased to present 14710 S Atlantic Ave, a 4-unit property located in Compton, that is priced at a 5.91% CAP and 11.27 GRM on current rents with upside to operate at a 10.11% CAP and a 7.58 GRM. This property is strategically located just west of the 710 freeway and near the 105 and 91 freeways, offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art...We are pleased to present 14710 S Atlantic Ave, a 4-unit property located in Compton, that is priced at a 5.91% CAP and 11.27 GRM on current rents with upside to operate at a 10.11% CAP and a 7.58 GRM. This property is strategically located just west of the 710 freeway and near the 105 and 91 freeways, offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum and the Dominguez Rancho Adobe Museum. The property consists of two separate structures built in 1951 with a unit mix of 4 one-bedroom units of which three have been renovated. There are also four 1-car garages in the rear accessible by alley providing potential for ADU conversions.
  1. Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.

Property Details for 14710 Atlantic Avenue

Zoning
CORH*
Parcel Number
6185006025
Total Units
4.0
Living Area
1712
Source Living Area
Assessor
Area
Compton S of Rosecrans, E of Alameda (RO)
Vacancy Rate
0
Lot Size Area
4928
LISTING UPDATED: 11/13/2024 01:22 PM

Property Details for 14710 Atlantic Avenue

StatusActive
MLS #24-450141
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.11 AC / 4,928 SF
CountyLos Angeles County

Building Information for 14710 Atlantic Avenue

Stories2Residences-Year Built1951Building Size-Lot Size0.11 AC / 4,928 SF

Property Information for 14710 Atlantic Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $68,886
  • Net Operating Income: $47,295.00
  • Gross Income: $71,016
  • Cap Rate: 5.91%
  • Gross Rent Multiplier: $11.27
  • Total Annual Expense: 21591
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1131
  • Lot Size Square Feet: 4928
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached
  • Total Parking: 4
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-07-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,522.00
  • Unit Actual Rent: $1,522.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,040.00
  • Unit Actual Rent: $1,040.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,609.00
  • Unit Actual Rent: $1,609.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,747.00
  • Unit Actual Rent: $1,747.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $409,958.00
  • Assessed Improvement Percent: 66.1
  • Assessed Land Value: $210,235.00
  • Assessed Land Percent: 33.9
  • Assessed Total Value: $620,193.00

Property History for 14710 Atlantic Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 14710 Atlantic Avenue

Taxable ValueLand$214,439Additions$418,397Total$632,836
Tax Record2024$11,196 ($933 / month)
Home Facts
Total Finished SqFt1,712 SqFtAbove Grade Finished SqFt1,712 SqFtLot Size4,928 SqFtStyleQuadraplexYear Built1951ZoningCORH*CountyLOS ANGELESAPN6185-006-025

Schools near 14710 Atlantic Avenue

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Clinton, William Jefferson School
PublicK to 8

Whaley Middle School
Public6 to 8

Dominguez High School
Public9 to 12

Lifeline Education Charter School
CharterK to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

14710 Atlantic Avenue is a multi-family home for sale in Compton, CA 90221. This property was listed for sale on October 7, 2024 by Kidder Mathews of California, Inc., it's currently listed at $800,000. It has been on the market for a total of 73 days and was last sold on August 23, 2019. This listing's school district is Compton Unified School District. Nearby schools include Clinton, William Jefferson School, Whaley Middle School and Dominguez High School. 14710 Atlantic Avenue is a 4-bed, 4-bath, 1,712 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kidder Mathews of California, Inc., Casey Lins, DRE #01902650

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS 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, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS 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.