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4-Units - Compton - 5.91% CAP 14710 S Atlantic Ave

4 Unit Apartment Building $800,000 ($200,000/Unit) 5.91% Cap Rate Compton, CA 90221

Investment Highlights

  • This property is strategically located just west of the 710 freeway and near the 105 and 91 freeways.
  • Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum and the Dominguez Rancho Adobe Museum.

Executive Summary

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.
Contact Casey Lins at 714-333-6768 or Casey.Lins@kidder.com for additional information.

Property Facts

Price $800,000
Price Per Unit $200,000
Sale Type Investment
Cap Rate 5.91%
Gross Rent Multiplier 11.27
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 1,712 SF
Average Occupancy 100%
No. Stories 2
Year Built 1951
Parking Ratio 2.34/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,394 -
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6185-006-025
Land Assessment
$214,439
Improvements Assessment
$418,157
Total Assessment
$632,596

zoning

Zoning Code CORH
CORH
  • Listing ID: 33440271

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 14710 S Atlantic Ave, Compton, CA 90221

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