NOT LISTED FOR SALE

14818 S Atlantic Ave Compton, CA 90221

East Compton Neighborhood

Estimated Value: $350,662

2 Beds
2 Baths
1,510 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $185,000 $123 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,181/month

215 Days on Market

About This Home

As of December 2016

- THIS IS A TWO UNITS MIXED USE BUILDING, THE FRONT OF THE BUILDING IS COMMERCIAL AND THE BACK IS A 2 BEDROOMS, 1 BATHROOM UNIT WITH TWO INDIVIDUAL BRAND NEW GARAGE DOORS.
.- THIS PROPERTY HAS BEEN JUST PAINTED INSIDE & OUTSIDE.....

Last Agent to Sell the Property

Roberto Cruz

Excellence RE Real Estate License #01070064 Listed on: 06/24/2016

Last Buyer's Agent

Roberto Cruz

Excellence RE Real Estate License #01070064 Listed on: 06/24/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 2,581 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • 1,510 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 10378
  • Assessor Parcel Number 6185006032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,700
  • Net Operating Income $1,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: LCC3
  • Property Type: Residential Income
  • Parcel Number: 6185006032
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 122.52

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2581.00
  • Price Per Lot Square Foot: 94.92

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1700.00
  • Gross Scheduled Income: 1700.00
  • Net Operating Income: 1700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 10378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Dec 13, 2016
Sold by
Melgar Lisandro
Bought by
Perez Maria E
Seller's Agent
Roberto Cruz
Excellence RE Real Estate
Buyer's Agent
Roberto Cruz
Excellence RE Real Estate
List Price
$250,000
Sold Price
$185,000
Premium/Discount to List
-$65,000
-26%
Current Estimated Value
$350,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,662
Avg. Annual Appreciation
7.36%
Original Mortgage
$85,000
Outstanding Balance
$69,336
Interest Rate
3.94%
Mortgage Type
Seller Take Back
Estimated Equity
$281,326

Purchase Details

Closed on
Sep 28, 2004
Sold by
Melgar Maria E
Bought by
Melgar Lisandro

Purchase Details

Closed on
Apr 30, 2003
Sold by
Glenn Norman F and Matus Virginia C
Bought by
Melgar Lisandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.13%
Mortgage Type
Commercial
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
Perez Maria E $185,000 Old Republic Title Company
Melgar Lisandro -- --
Melgar Lisandro $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Maria E $85,000
Previous Owner Melgar Lisandro $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $185,000 -26.0% $123 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $250,000 -- $166 / 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 $4,110 $214,702 $156,676 $58,026
2024 $4,110 $210,493 $153,604 $56,889
2023 $4,068 $206,367 $150,593 $55,774
2022 $3,865 $202,322 $147,641 $54,681
2021 $3,904 $198,356 $144,747 $53,609
2019 $3,816 $192,474 $140,454 $52,020
2018 $3,707 $188,700 $137,700 $51,000
2016 $2,699 $108,082 $60,047 $48,035
2015 $2,612 $106,460 $59,146 $47,314
2014 $2,579 $104,376 $57,988 $46,388
Source: Public Records

Agents Affiliated with this Home

  • Roberto Cruz

    Seller's Agent in 2016

    Roberto Cruz

    Excellence RE Real Estate

    (323) 578-2090

    9 Total Sales

    Roberto Cruz
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16102409

California Regional Multiple Listing Service (CRMLS)

APN: 6185-006-032

California Los Angeles County Compton 90221 East Compton

14818 S Atlantic Ave, Compton, CA

Not Listed for Sale

MultiFamily

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