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Travis Breton

travisbreton@gmail.com +1(866) 344-7473

Listed by Raymond Rodriguez, DRE #01402283 • Equity Union

$ 795,000

Est. payment | -/mo

4,880 Sqft Lot

Save

$ 795,000

Est. payment | -/mo

Save

4,880 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26235651

Year Built 1962

Lot Size 4,880 Sqft

Source California Regional MLS

Property Description

4610 Compton Avenue is a five-unit multifamily property located in the Central-Alameda neighborhood of Los Angeles, near Downtown Los Angeles, the City of Vernon, and the Metro A Line Vernon Station. Built in 1962, the property encompasses approximately 3,124 square feet of building area on an approximately 4,880-square-foot lot zoned LAC2. The property reflects an underwritten 6.14% cap rate and 8.41 GRM, incorporating projected monthly rent of $1,995 for one two-bedroom/one-bath apartment. The unit mix consists of one one-bedroom/one-bath apartment, two two-bedroom/one-bath apartments, one two-bedroom/two-bath apartment, and one three-bedroom/one-bath apartment. Two- and three-bedroom units comprise 80% of the residential mix, providing a concentration of layouts with additional bedroom capacity. The property's reported average occupancy of 98% over the preceding twelve months reflects its recent leasing history. One two-bedroom/one-bath apartment is available for leasing. The property presents approximately 36.2% rental upside potential based on projected market rents, subject to applicable rent regulations and leasing outcomes. Eight on-site parking spaces in the rear parking area complement the residential configuration. The property is located near the historic

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Laundry None

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 5106013027

Special Listing Condition Not Applicable

Nearby Locations

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+1(866) 344-7473

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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4610 Compton AVE Los Angeles, CA 90011