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14640 S Atlantic AVE Compton, CA 90221
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Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $355
MLS Listing ID SB21172270
Sold Date 10/15/21
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1956
Lot Size 0.330 Acres
Acres 0.33
Property Description
Ideal Passive Investment!! Top market cash flows with low maintenance! This property has recently undergone major upgrades with over $250k in capital expenditure improvements, and is fully operating with top of the market leases. Tenant's needs and wants were taken into consideration when upgrading this property, offering ac units, new kitchens, bathrooms, walk-in closets, ceramic floors, all new electrical and plumbing fixtures. Building also offers a community laundry room, individual garage parking, courtyard style common area, and peace of mind with secured keyed entry. Ideally located in a quaint residential area of Compton and neighboring cities of East Rancho Dominguez, Lynwood, Paramount and conveniently located near the 710 freeway.
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Zoning CORH*
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Ceiling Fan(s), Granite Counters, Unfurnished, Walk-In Closet(s)
Laundry Location Common Area
Heating Wall Furnace
Cooling See Remarks
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
Laundry Common Area
Exterior
Exterior Feature Rain Gutters
Garage Garage, Garage Door Opener, Garage Faces Rear
Garage Spaces 10.0
Garage Description 10.0
Fence Fair Condition
Pool None
Community Features Curbs, Street Lights, Sidewalks, Gated
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Overhead Utilities
Roof Type Composition
Parking Type Garage, Garage Door Opener, Garage Faces Rear
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard, Sprinklers In Front, Landscaped, Rectangular Lot, Sprinklers Timer, Sprinkler System, Yard
Story 1
Entry Level One
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 6185007028
Security Features Carbon Monoxide Detector(s),Gated Community,Resident Manager,Smoke Detector(s)
Energy Description 1093.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Ari Gharib • LFA Multifamily Inc.
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