5414 Compton Avenue, Los Angeles, CA 90011
Property
Sold February 2023
Listing Agent: Max Berger (DRE #02054048) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Benjamin Shamouelian · Exclusive Realty Inc · MLS #22199541 · Source: CRMLS
About this property
*** Can be purchased individually or a part of a 48-unit portfolio, contact LA1 for more information ** 5414-18 Compton Avenue is a 6-unit mixed-use property in the Central Alameda neighborhood of South LA neighborhood operating at a 5.11% current CAP and offers investors approx. 46% upside in rents . Located just North of E. 55th St, the subject property is comprised of (4) 1-bdrm. units and (2) commercial spaces that generate approx. $6,100+ in gross monthly income. Based on market rents on renovated units in the area, we believe a future investor could achieve $9,000+ in gross monthly income and operate the building at a 8.73% market CAP and 8.53 market GRM. The property amenities include on-site laundry and community laundry.
Listing description from the February 2023 sale, as reported to CRMLS.
Sale history