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14710 Atlantic Ave Compton, CA 90221

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For Sale
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4-Unit Apartment Building, High Potential

Property size:
1,712 SF

Property Features for 14710 Atlantic Ave

General Information

Property type
Multifamily properties
Square Feet
1,712 SF
Class
C

Building Details

Year Built
1951
Buildings
2
Stories
2
Units
4

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Listing Contact
Casey Lins
Casey Lins

Listing Agency: Kidder Mathews Listing Agent: Casey Lins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional value-add opportunity presents a four-unit apartment building situated in Compton, California, at 14710 Atlantic Ave. The property, comprised of two structures built in 1951, offers 1,712 square feet of net rentable space on a 4,928 square foot lot. Currently boasting 100% occupancy, the property features four one-bedroom units, three of which have been recently renovated. Each unit includes a dedicated one-car garage located in the rear, accessible via an alleyway, presenting potential for future ADU conversions. The property's zoning is designated as CORH. The asking price is $800,000, representing a price per unit of $200,000 and a price per square foot of $467.29. The current Net Operating Income (NOI) stands at $47,295, yielding a 5.91% capitalization rate. However, a pro-forma analysis projects a significant increase in NOI to $80,841, resulting in a 10.11% capitalization rate. This strategic location offers convenient access to major freeways (710, 105, and 91), providing easy commutes to Los Angeles, Lynwood, South Gate, Gardena, and Long Beach. Nearby amenities include the Compton Town Center, Plaza Mexico, and several museums. This property presents a compelling investment opportunity with substantial upside potential for increased profitability through further renovations and potential ADU development. The property's strong current performance, combined with its significant upside potential, makes it an attractive investment for discerning buyers.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Compton
County
Los Angeles
State
California
Longitude
-118.19368564829
Latitude
33.898950007615

FAQs

What type of property is this?
Multifamily property - 4-Unit Apartment Building, High Potential
Where is this multifamily property located?
The property is located at 14710 Atlantic Ave Compton, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: $800,000 asking price for a four-unit apartment building in Compton, CA.; 5.91% cap rate with a pro-forma cap rate of 10.11%.; 1,712 square feet on a 4,928 square foot lot.
(213) 225-7223 Call to check price and availability
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