4620 Compton Avenue, Los Angeles, CA 90011
Property · 3 recorded sales since 2021
Sold December 2022
Listing Agent: Sean Rosenzweig (DRE #01406343) · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Sean Rosenzweig · Marcus & Millichap · MLS #22189925 · Source: CRMLS
About this property
I am pleased to offer for sale an eight-unit apartment community located at 4620 Compton Avenue. The subject property is located just south of Vernon Avenue within South Los Angeles. Situated on a 7,800 square foot parcel, the property comprises of half one-bedroom units and half two-bedroom units and was built in 1961. One of the units will be delivered vacant in rent ready condition so new ownership can immediately achieve a market rental rate. The property has 120% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 4620 Compton Avenue an excellent acquisition opportunity.
Listing description from the December 2022 sale, as reported to CRMLS.
Sale history
