15615 S White Avenue, Compton, CA 90221
Property · 2 recorded sales since 2017
Sold February 2024
Listing Agent: Max Berger (DRE #02054048) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Max Berger · Compass · MLS #24346217 · Source: CRMLS
About this property
15613-17 S. White Ave. is a six-unit value-add opportunity, located in an area of Unincorporated LA County, and offered at $183,167 per unit, $216 per foot, 5.65% current CAP, and 10.83 current GRM. With approx. 70% rental upside, the property will stabilize at an 11.98% market CAP & 6.35 market GRM at projected market rents (based on renovated units). Situated on a 20,170 SF lot with plenty of parking spaces (mix of one-car garages, covered, and surface spaces), 15613-17 S. White presents an opportunity to add one or two ADUs (buyer to verify). The property is comprised of four structures featuring (6) 2-bdrm. units averaging approx. 850 SF. Several units feature private front yards.
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history
