NOT LISTED FOR SALE

1123 S Atlantic Dr Compton, CA 90221

Estimated Value: $734,000 - $860,156

3 Beds
2 Baths
1,752 Sq Ft
$463/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $750,000 $428 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,451/month

5 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of April 2022

Great Opportunity 3 units one 2 bedroom one bath, and two one Bedroom one Bath centrally located close to Alondra and Atlantic Blvd. close to 710 Fwy and 105 Fwy 91 Fwy Intersection only a few minutes from the LA Airport. 3 one car Garage

Last Agent to Sell the Property

Jonathan Montenegro

X-or Real Estate Services License #00943897 Listed on: 03/03/2022

Last Buyer's Agent

Laura Gutierrez

Golden Feather Investments, Inc License #01457707

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,365

Year Built

  • Built in 1954

Lot Details

  • 6,257 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, gas, telephone
  • Tax Lot 9
  • Tax Tract Number 18303
  • Assessor Parcel Number 7301004009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $1,400
  • Maintenance Expense $1,500
  • Trash Expense $924
  • Water Sewer Expense $1,044
  • Operating Expense $5,348
  • Gross Income $46,536
  • Net Operating Income $44,474

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,365

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1044.00
  • Zoning: COR3YY
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7301004009
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 428.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 924.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6257.00
  • Lot Size Acres: 0.1436

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Gas, Telephone

Multi Family

  • Gross Income: 46536.00
  • Gross Operating Income: 46536.00
  • Gross Scheduled Income: 46536.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 6257.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 44474.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2062.00
  • Rent Control: Yes
  • Total Actual Rent: 33391.00
  • Total Expenses: 5348.00

Tax Info

  • Tax Area: 2-800
  • Tax Census Tract: 5422.00
  • Tax Lot: 9
  • Tax Tract Number: 18303
  • Tax Annual Amount: 5365.00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2008
Sold by
Gonzalez Juana
Bought by
Gonzalez Juana and The Gonzalez Family Trust
Current Estimated Value
$810,789

Purchase Details

Closed on
Oct 21, 2003
Sold by
Gonzalez Juana
Bought by
Gonzalez Juana and Gonzalez Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$75,236
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$735,553

Purchase Details

Closed on
Jun 1, 2002
Sold by
Ochoa Jose A
Bought by
Gonzalez Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.7%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Landeros Alberto
Bought by
Ochoa Jose A and Ochoa Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,495
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1997
Sold by
Sanchez Pedro H
Bought by
Landeros Alberto and Hernandez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,747
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 1997
Sold by
Federal National Mortgage Association
Bought by
Sanchez Pedro H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.2%

Purchase Details

Closed on
Dec 19, 1996
Sold by
Norwest Mtg Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.2%

Purchase Details

Closed on
Dec 18, 1996
Sold by
Gomez Samuel
Bought by
Norwest Mtg Inc and Directors Mtg Loan Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.2%

Purchase Details

Closed on
Jan 5, 1993
Sold by
Gomez Samuel
Bought by
Gomez Samuel and Gomez Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Juana -- None Available
Gonzalez Juana -- Ticor Title
Gonzalez Juana $209,000 Orange Coast Title
Ochoa Jose A -- Benefit Land Title Company
Landeros Alberto $170,000 Southland Title Corporation
Sanchez Pedro H $108,000 South Coast Title Company
Sanchez Pedro H -- --
Federal National Mortgage Association -- Fidelity National Title
Norwest Mtg Inc $123,500 Fidelity National Title
Gomez Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Juana $162,000
Previous Owner Gonzalez Juana $156,750
Previous Owner Ochoa Jose A $169,495
Previous Owner Landeros Alberto $165,747
Previous Owner Sanchez Pedro H $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $750,000 0.0% $428 / Sq Ft
03/03/2022 03/03/22 For Sale $750,000 -- $428 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,578 $795,906 $530,604 $265,302
2024 $14,578 $780,300 $520,200 $260,100
2023 $14,370 $765,000 $510,000 $255,000
2022 $5,323 $285,223 $136,469 $148,754
2021 $5,366 $279,632 $133,794 $145,838
2019 $5,216 $271,640 $129,827 $141,813
2018 $5,019 $266,321 $127,282 $139,039
2016 $4,772 $255,693 $122,341 $133,352
2015 $4,566 $251,853 $120,504 $131,349
2014 $4,495 $246,921 $118,144 $128,777
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Montenegro

    Seller's Agent in 2022

    Jonathan Montenegro

    X-or Real Estate Services

    (562) 201-2655

    1 in this area

    6 Total Sales

    Jonathan Montenegro
    Section Image

  • L

    Buyer's Agent in 2022

    Laura Gutierrez

    Golden Feather Investments, Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22041590

California Regional Multiple Listing Service (CRMLS)

APN: 7301-004-009

California Los Angeles County Compton 90221

1123 S Atlantic Dr, Compton, CA

Not Listed for Sale

MultiFamily

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