NOT LISTED FOR SALE

14822 Atlantic Ave Compton, CA 90221

East Compton Neighborhood

Estimated Value: $832,406

4 Beds
3 Baths
3,000 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $640,000 $213 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,469/month

22 Days on Market

About This Home

As of February 2021

FANTASTIC OPPORTUNITY FOR AN OWNER USER OR INVESTOR OF THIS MIX USE PROPERTY THAT CONSIST OF TWO UPSTAIRS UNITS 2 BED 1 BATH EACH AND A COMMERCIAL DOWNSTAIRS WHICH IS AROUND 1,500 SQFT, AND ALSO HAS A THREE CAR GARAGE EXELLENT COMPTON AREA. COMMERCIALL UNIT IS VACANT AS WELL AS ONE OF THE 2 BED 1 BATH UNIT SELLER DID SOME RECENT UPGRADES ON THE COMMERCIAL AND ALSO ON THE VACANT 2 BED 1 BATH UNIT. BRING YOUR BUYERS OR INVESTORS PROPERTY WILL GO FAST.

Last Listed By

Alejandro Soto

Big Block Powerhouse Realty License #01300236 Listed on: 11/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,715

Year Built

  • Built in 1950

Lot Details

  • 5,079 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • 3,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 16
  • Tax Tract Number 10378
  • Assessor Parcel Number 6185006033

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,900
  • Water Sewer Expense $225
  • New Taxes Expense $9,735
  • Gross Income $17,940
  • Net Operating Income $17,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,715

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 323-403-7859
  • Other Phone Number: 323-403-7859
  • Property Attached: Yes
  • Water Sewer Expenses: 225.00
  • Zoning: LCC3*
  • Property Type: Residential Income
  • Parcel Number: 6185006033
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 213.33

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5079.00
  • Lot Size Acres: 0.1166

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Gross Income: 17940.00
  • Gross Scheduled Income: 17940.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 5079.0000 Square Feet
  • Net Operating Income: 17940.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9735.00
  • Tax Census Tract: 5421.04
  • Tax Lot: 16
  • Tax Tract Number: 10378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 16, 2020
Sold by
Saavedra Jamie A
Bought by
Macias Michael
Seller's Agent
Alejandro Soto
Big Block Powerhouse Realty
Buyer's Agent
Sergio Salgado
CBM Real Estate
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Total Days on Market
22
Current Estimated Value
$832,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,406
Avg. Annual Appreciation
6.80%
Original Mortgage
$480,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 10, 2020
Sold by
14822 Atlantic Llc
Bought by
Macias Michael
Seller's Agent
Alejandro Soto
Big Block Powerhouse Realty
Buyer's Agent
Sergio Salgado
CBM Real Estate
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2018
Sold by
Nevarez Manuel
Bought by
14822 Atlantic Llc

Purchase Details

Closed on
Dec 14, 2016
Sold by
Nevarez Manuel
Bought by
Nevarez Manuel and Manuel Nevarez Living Trust

Purchase Details

Closed on
Sep 2, 2011
Sold by
Nevarez Manuel and Nevarez Josefina H
Bought by
Nevarez Manuel

Range of Values:

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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
Macias Michael -- Lawyers Title Company
Macias Michael $640,000 Lawyers Title Company
14822 Atlantic Llc -- None Available
Nevarez Manuel -- None Available
Nevarez Manuel $50,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macias Michael $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $640,000 -1.4% $213 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $649,000 -- $216 / 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
2024 $9,715 $679,173 $265,302 $413,871
2023 $9,599 $665,856 $260,100 $405,756
2022 $8,967 $652,800 $255,000 $397,800
2021 $3,338 $141,439 $53,036 $88,403
2020 $3,298 $139,990 $52,493 $87,497
2019 $3,271 $137,246 $51,464 $85,782
2018 $3,110 $134,555 $50,455 $84,100
2016 $2,978 $129,332 $48,497 $80,835
2015 $2,876 $127,390 $47,769 $79,621
2014 $2,840 $124,896 $46,834 $78,062
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alejandro Soto

    Big Block Powerhouse Realty

    (323) 403-7859

    2 in this area

    44 Total Sales

    Alejandro Soto
    Section Image
  • Sergio Salgado

    Buyer's Agent in 2021

    Sergio Salgado

    CBM Real Estate

    (310) 916-6331

    1 in this area

    17 Total Sales

    Sergio Salgado
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20241435

California Regional Multiple Listing Service (CRMLS)

APN: 6185-006-033

California Los Angeles County Compton 90221 East Compton

14822 Atlantic Ave, Compton, CA

Homes for Sale in Compton, CA

This home is located at 14822 Atlantic Ave, Compton, CA 90221 since 17 November 2020 and is currently estimated at $832,406, approximately $277 per square foot. This property was built in 1950. 14822 Atlantic Ave is a home located in Los Angeles County with nearby schools including William Jefferson Clinton School, Whaley Middle School, and Dominguez High School.

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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