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14710 S Atlantic Ave
For Sale $800,000 ($467.29 per Sq Ft)
$800,000 ($467.29 per Sq Ft)
- 4 Bedrooms
- 4.00 Bathrooms
- 1,712 Sq Ft
- 4,928 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 & 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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $800,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 1,712 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1951 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 6185006025 |
| MLS # | 24450141 |
| Property ID | 292175864 |
| Lot Sqft | 4,928 |
| Zoning | CORH* |
| Total Units | 4 |
| Days on Market | 103 |
| Original List Price | $800,000 |
| Date Updated | November 13, 2024 |
| Date Created | October 07, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,522 | $2,200 |
| Unit #2 | 1 | 1.00 | $1,040 | $2,200 |
| Unit #3 | 1 | 1.00 | $1,609 | $2,200 |
| Unit #4 | 1 | 1.00 | $1,747 | $2,200 |
| Gross Income (Yr) | $ 68,886 |
| Operating Expenses | $ 21,591 |
| Net Income (Yr) | $ 47,295 |
| Cap Rate | 5.91% |
Listing Provided By
Casey Lins an agent of . Lic #01902650
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