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$800,000
Est. payment /mo
4 Beds
4 Baths
1,712 SqFt
UPDATED:
11/04/2024 05:25 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,712 sqft
Price per Sqft $467
MLS Listing ID 24450141
Bedrooms 4
HOA Y/N No
Year Built 1951
Lot Size 4,926 Sqft
Property 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.
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Zoning CORH*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Attached Garage Yes
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6185006025
Special Listing Condition Standard
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Listed by Casey Lins • Kidder Mathews of California, Inc.