NOT LISTED FOR SALE

14700 S Atlantic Ave Compton, CA 90221

Estimated Value: $835,000 - $1,028,000

7 Beds
4 Baths
3,480 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $470,000 $135 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,905/month

122 Days on Market

About This Home

As of January 2015

This 3 large, low maintenance units located on the corner lot with a large single family home attached storage , garages and 2 large units sit on top of the 3 car garages and the storage , new paint to exterior and interior, brand new garage doors, long terms tenants . Close to freeway, shopping and school.

single family home with own laundry room and storage with two entrances rent out to 3 families for $2250, rent have not increase for almost 10 years.
2 units with 1/1 bath each are very large, rent $850, $800

Last Agent to Sell the Property

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 12/19/2014

Last Buyer's Agent

Luis Chavez

Home & Castle Realty License #01914068

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,874 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,480 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 10378
  • Assessor Parcel Number 6185006022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Trash Expense $500
  • Water Sewer Expense $3,480
  • New Taxes Expense $6,060
  • Gross Income $3,900
  • Net Operating Income $35,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3480.00
  • Property Type: Residential Income
  • Parcel Number: 6185006022
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 135.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4874.00
  • Lot Size Acres: 0.1120

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 850.00
  • Lot Size Area: 4874.0000 Square Feet
  • Net Operating Income: 35160.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11670.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6060.00
  • Tax Lot: 7
  • Tax Tract Number: 10378
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Sanchez Jorge and Lara Sabas
Bought by
Sanchez Jorge and Sanchez Concepcion Corrales
Current Estimated Value
$914,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Outstanding Balance
$481,649
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$432,977

Purchase Details

Closed on
Sep 24, 2015
Sold by
Sanchez Jorge and Lara Sabas
Bought by
Sanchez Jorge and Lara Sabas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,242
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 19, 2014
Closed on
Dec 1, 2014
Sold by
Chan Ken
Bought by
Sanchez Jorge and Lara Sabas
Seller's Agent
Navy Ortiz
Bronwyn Realty Inc
Buyer's Agent
Luis Chavez
Home & Castle Realty
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$461,487
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2012
Sold by
Ortiz Anthony
Bought by
Chan Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2005
Sold by
Myers Opal R and Opal R Myers Trust
Bought by
Ortiz Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
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

Date Buyer Sale Price Title Company
Sanchez Jorge -- Corinthian Title
Sanchez Jorge -- Western Resources Title Co
Lara Sabas -- Western Resources Title Co
Sanchez Jorge -- Western Resources Title Co
Sanchez Jorge $470,000 Orange Coast Title Company
Chan Ken $265,000 Orange Coast Title Company
Ortiz Anthony $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jorge $507,000
Previous Owner Sanchez Jorge $479,242
Previous Owner Sanchez Jorge $461,487
Previous Owner Chan Ken $265,000
Previous Owner Ortiz Anthony $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2015 01/12/15 Sold $470,000 -3.1% $135 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
06/28/2014 06/28/14 For Sale $485,000 -- $139 / 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 $13,128 $768,815 $320,189 $448,626
2024 $13,128 $753,741 $313,911 $439,830
2023 $12,975 $738,962 $307,756 $431,206
2022 $7,023 $392,410 $118,907 $273,503
2021 $7,075 $384,717 $116,576 $268,141
2019 $6,871 $373,308 $113,119 $260,189
2018 $6,656 $365,989 $110,901 $255,088
2016 $6,305 $351,780 $106,596 $245,184
2015 $6,001 $344,883 $104,506 $240,377
2014 $5,897 $338,128 $102,459 $235,669
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Navy Ortiz

    Bronwyn Realty Inc

    (714) 398-9877

    1 in this area

    52 Total Sales

    Navy Ortiz
    Section Image

  • L

    Buyer's Agent in 2015

    Luis Chavez

    Home & Castle Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14136503

California Regional Multiple Listing Service (CRMLS)

APN: 6185-006-022

California Los Angeles County Compton 90221

14700 S Atlantic Ave, Compton, CA

Not Listed for Sale

MultiFamily

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