15412 S Atlantic AVE, Compton, CA 90221
15412 S Atlantic AVE, Compton, CA 90221
15412 S Atlantic AVE, Compton, CA 90221
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Maricela Contreras

Maricela Contreras

+1(951) 438-9954
$950,000
Est. payment /mo
6 Beds
6 Baths
2,140 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $443

MLS Listing ID 26106379

Bedrooms 6

HOA Y/N No

Year Built 1952

Lot Size 4,926 Sqft

Property Description

We are pleased to present 15412 S Atlantic Avenue, a 6 unit investment opportunity in East Compton, CA. The property is comprised of six bungalow-style totaling 2,140 SF with a unit mix of all (5) 1 Bed / 1 Bath units and (1) Studio. There are currently (4) Section 8 tenants in-place: 1 Bed/ 1 Bath units ranging from $1,486 - $1,800. The remaining Studio is currently rented below market at $954. The property will be delivered with one (1) vacancy with a projected gross monthly income of $9,119, or $109,432 annually. The opportunity yields a 7.52% Cap Rate on current income (8.68 GRM) with remaining rental upside potential. 15412 S Atlantic Ave is located in East Compton, just west of the 710 freeway with convenient access to Long Beach, South Bay, Cal State Dominguez Hills / Dignity Health Sports Park, and local national grocers / retailers. Compton, California is a centrally located city in southern Los Angeles County, approximately 12 miles south of Downtown Los Angeles, offering strong accessibility to major employment centers throughout the region. Often referred to as the "Hub City," Compton benefits from proximity to key transportation corridors including the I-710, I-105, and SR-91 freeways, as well as Metro A Line (Blue Line) light rail service connecting residents to Downtown LA and Long Beach.

Location

State CA

County Los Angeles

Area Ro - Compton S Of Rosecrans, E Of Alameda

Zoning LCC3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Driveway

Total Parking Spaces 5

Building

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6180016009

Special Listing Condition Standard

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Listed by Brandon Evans Lyon Stahl Investment Real Estate, Inc. #02058494

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