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4620 Compton Ave, Los Angeles, CA 90011
$1,180,000
4620 Compton Ave, Los Angeles, CA 90011View this property at 4620 Compton Ave, Los Angeles, CA 90011
4620 Compton AveLos AngelesCA90011
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Property Description
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.
Full Property Details
Full Property Details for 4620 Compton Ave
General
- Sold For: $1,180,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 22-189925
- Added to Site: 618 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 12
Additional Information
- Other Features: None
Parking
- Garage Description: Uncovered
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: South of Vernon Avenue, West of Alameda Street, 10 Minutes from DTLA Staples Center
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 4,690
- Sq. Ft. Source: Assessor
- Year Built: 1961
- Year Built Source: Assessor
Unit Information
- Units in Complex: 8
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1791
- Lot Size: 7800
- Lot Size Source: Assessor
- Lot Dimensions: 60 x 130
- Zoning: LAC2
Financial Considerations
- Price Per Sq. Ft.: $265.46
- Assessment Year: 1961
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5106-013-016
Listed and Sold by Marcus & Millichap, Sean Rosenzweig
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Schools
Schools serving 4620 Compton Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1447 E 45th St, Los Angeles, CA 90011 | K-5 | 0.1 mi | |
4410 McKinley Ave, Los Angeles, CA 90011 | 6-8 | 0.8 mi | |
1319 E 41st St, Los Angeles, CA 90011 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4620 Compton Ave
Date
Details
Price
Change
Source
12/08/2022
Sold
$1,180,000
-5.22%
MLS
9/29/2022
Price Reduced
$1,245,000
-2.35%
MLS
8/15/2022
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4620 Compton Ave, Los Angeles, CA 90011 (MLS# 22-189925) is a Multi-Family property that was sold at $1,180,000 on December 08, 2022. Want to learn more about 4620 Compton Ave? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.