NOT LISTED FOR SALE

1127 S Atlantic Dr Compton, CA 90221

Estimated Value: $762,926 - $836,000

3 Beds
2 Baths
1,728 Sq Ft
$456/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2018

Last sale price $440,000 $255 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,024 / mo

9 Days on Market

Highlights

  • Contemporary Architecture
  • Level Lot
  • Wall Furnace
  • William Jefferson Clinton School Rated 9+

About This Home

As of February 2018

Ideal for first time buyer, back unit vacant. Live in one unit and use income from two other units to help with mortgage payment. Each unit has its own electric and gas meter. Parking spaces for five cars. No rent control, two units rented, long term tenants. Tenants already have notice that rent will be $975 for one bedroom unit and $1325 for two bedroom unit starting February 1, 2018.Close to Business, Schools, Transportation , Free ways and more..... Drive by Only don't disturb the Tenant . The Seller is very motivated will consider any serious, qualified offer.

Last Agent to Sell the Property

Ivonne Vargas

J&I Realty License #00884201 Listed on: 12/19/2017

Last Buyer's Agent

Ivonne Vargas

J&I Realty License #00884201 Listed on: 12/19/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,259 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 18303
  • Assessor Parcel Number 7301004008

Community Details

Overview

  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $240
  • Water Sewer Expense $2,040
  • New Taxes Expense $5,600
  • Operating Expense $8,680
  • Gross Income $34,500
  • Net Operating Income $34,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,259 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2040.00
  • Zoning: COR3*
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7301004008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 254.63

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 6259.00

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 728 Square Feet
  • Gross Income: 34500.00
  • Gross Scheduled Income: 37500.00
  • Insurance Expense: 800.00
  • Net Operating Income: 34500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 2200.00
  • Total Expenses: 8680.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Census Tract: 5422.00
  • Tax Lot: 8
  • Tax Tract Number: 18303

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Bought by
Current Estimated Value
$788,732

Purchase Details

Listed on
Dec 19, 2017
Closed on
Jan 2, 2018
Sold by
Bought by
Seller's Agent
Ivonne Vargas
J&I Realty
Buyer's Agent
Ivonne Vargas
J&I Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$264,000
Interest Rate
0.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
0.0535%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
0.0637%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$440,000 Old Republic Title
-- None Available
-- United Title Company-La
$190,000 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $264,000
Previous Owner $155,400
Previous Owner $50,000
Previous Owner $176,000
Previous Owner $161,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/06/2018 02/06/18 Sold $440,000 -2.2% $255 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/19/2017 12/19/17 For Sale $450,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,167 $518,453 $227,563 $290,890
2024 $9,127 $508,288 $223,101 $285,187
2023 $10,018 $498,323 $218,727 $279,596
2022 $8,507 $488,553 $214,439 $274,114
2021 $8,592 $478,975 $210,235 $268,740
2019 $8,085 $448,800 $204,000 $244,800
2018 $5,154 $274,755 $149,874 $124,881
2016 $4,325 $228,186 $138,114 $90,072
2015 $4,141 $224,760 $136,040 $88,720
2014 $4,079 $220,359 $133,376 $86,983
Source: Public Records

Agents Affiliated with this Home

  • Ivonne Vargas

    Seller's Agent in 2018

    Ivonne Vargas

    J&I Realty

    (562) 485-7052

    5 Total Sales

    Ivonne Vargas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17277893

California Regional Multiple Listing Service (CRMLS)

APN: 7301-004-008

California Los Angeles County Compton 90221

1127 S Atlantic Dr, Compton, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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