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$950,000

FOR SALE
Active

15412 S Atlantic Avenue

Compton, CA

MLS# 26106379

2,140 Sq Ft6bd • 6ba
1 day on marketNalren refreshed

Listing Agent

Brandon Evans

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02058494

(310) 425-9838

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

6

Bedrooms

6

Bathrooms

2,140 sqft

Square Feet

1952

Year Built

4,926 sqft

Lot Size

$444

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Interior

Appliances
Refrigerator

Building

Year Built
1952
Living Area
2,140 sqft
Architectural Style
Bungalow
Building Area Total
2,140
Levels
One
Stories Total
1

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units

Parking

Parking Features
Driveway
Parking Total
5

Community / HOA

HOA
No

Sale history for 15412 S Atlantic Avenue

  • Sold $420,000 in April 2016 · MLS #PW15226528 · Source: CRMLS

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