14640 Atlantic Avenue

Compton, CA 90221

$2,037,500
Last Sold Price
5
Beds
10
Baths
6,900 Sq. Ft.
$295 / Sq. Ft.
6,900
Sq. Ft.
$295
per Sq. Ft.

Description

For Smart Savvy Investors, This is it! Corner located with easy access to the 710, 91, and 105 freeways, alley access with private garages. This investment property has been completely renovated with major capital improvements including a new roof. All units were completely re-plumbed, re-wired and electrically upgraded with new panels. All kitchens/counters and baths/showers were replaced and updated. New laminate flooring throughout. The property is professionally managed.For Smart Savvy Investors, This is it! Corner located with easy access to the 710, 91, and 105 freeways, alley access with private garages. This investment property has been completely renovated with major capital improvements including a new roof. All units were completely re-plumbed, re-wired and electrically upgraded with new panels. All kitchens/counters and baths/showers were replaced and updated. New laminate flooring throughout. The property is professionally managed.
  1. Listed by Kirk Mulhearn • DRE #00886093 • Brokerage DRE #01940983 • Mark 1 Real Estate Inc
  2. Listed by Bruce Mulhearn • DRE #02200861 • Brokerage DRE #01940983 • Mark 1 Real Estate, Inc.

Property Details for 14640 Atlantic Avenue

Architectural Style
Contemporary
View
None
Parking Spaces Total
15
Private Pool
No
Cooling Type
Wall/Window
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Mark 1 Real Estate Inc, Kirk Mulhearn, DRE #00886093; Mark 1 Real Estate, Inc., Bruce Mulhearn, DRE #02200861

Sold By Big Blue House Real Estate, Jaime Rodriguez, DRE #01210390

Add your commute
LISTING UPDATED: 02/26/2024 05:29 AM

Property Details for 14640 Atlantic Avenue

StatusClosed
MLS #RS23136234
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
CountyLos Angeles County

Location

Listing Courtesy of Mark 1 Real Estate Inc, Kirk Mulhearn, DRE #00886093; Mark 1 Real Estate, Inc., Bruce Mulhearn, DRE #02200861

Sold By Big Blue House Real Estate, Jaime Rodriguez, DRE #01210390

Add your commute

Building Information for 14640 Atlantic Avenue

Building/Complex14640 Atlantic AveFloor-Stories1Residences-Pet Policy-Year Built1956Building Size-

Payment Calculator

$14,188 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,119

Property Taxes

$3,069

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14640 Atlantic Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $2,400
  • Gross Scheduled Income: $217,800
  • Vacancy Allowance: 6534
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $211,266
  • Net Operating Income: $150,281
  • Laundry Income: $2,400
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $60,985
  • Gardener Expense: $1,800
  • Fuel Expense: $960
  • Electric Expense: $4,000
  • Insurance Expense: $1,500
  • Professional Management Expense: $10,890
  • Trash Expense: $2,000
  • Water Sewer Expense: $10,000
  • Total Expenses: $31,150
Tax / Assessment Info
  • Tax Annual Amount: $29,835
  • Tax Tract Number: 10378
  • Tax Census Tract: 5421.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven
  • Equipment: Community
  • Interior Features: Ceiling Fan(s)
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Security Features: Gated Community
  • Security: Gated Community
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Asphalt
  • Entry Location: Street and Ally
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Garage, Public
  • Parking Garage Spaces: 5
  • Carport Spaces: 10
  • Parking Features: Garage, Public
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 11

Property History for 14640 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 14640 Atlantic Avenue

Taxable ValueLand$800,000Additions$1,287,620Total$2,087,620
Tax Record2023$36,829 ($3,069 / month)
Home Facts
Total Finished SqFt6,900 SqFtAbove Grade Finished SqFt6,900 SqFtLot Size14,388 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningCORH*CountyLOS ANGELESAPN6185-007-028

Schools near 14640 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

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mark 1 Real Estate Inc, Kirk Mulhearn, DRE #00886093; Mark 1 Real Estate, Inc., Bruce Mulhearn, DRE #02200861

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.