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$ 1,500,000
Est. payment /mo
Active
4244 E Compton Compton, CA 90221
0.25 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26072033
HOA Y/N No
Year Built 1948
Lot Size 0.254 Acres
Property Sub-Type Apartment
Property Description
*** Seller Financing. Call or Text for Offering Memorandum ***
Pleased to exclusively present the opportunity to acquire a multifamily investment property located at 4244 East Compton Boulevard in
unincorporated Los Angeles County, a dense infill supported by a large and stable workforce population. Originally constructed in 1948, the building area is 4,236 square feet and situated on a 11,051 square foot parcel. There is rent control in unincorporated Los Angeles County (buyer to verify).
The asset features a functional unit mix of nine total apartments, including seven one-bedroom/one-bathroom units and two studio units, which is well-suited to meet the area's demand for attainable workforce housing. Each unit is individually metered for gas and electricity and provides onsite open space parking. Recent capital improvements include a new roofs and plumbing, enhancing the overall condition of the asset. Notably, the offering includes seller financing with a 30% down payment, payable at 6% interest only, due in five years, providing investors with favorable leverage, increased cash flow and a compelling alternative to conventional financing.
Compton continues to emerge as a compelling multifamily investment market within Los Angeles County, benefiting from its centralized location and accessibility to major employment centers. The city is strategically positioned near key transportation corridors including Interstate 710, State Route 91, and Interstate 105, providing direct connectivity to the Ports of Los Angeles and Long Beach, as well as surrounding industrial, logistics, and distribution hubs that drive local employment. The immediate area offers a wide range of neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting a highly functional day-today living environment for residents. Additionally, access to public transportation and major arterial corridors further enhances the location's appeal for a commuter based
tenant base.
Situated along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, the property benefits from excellent visibility and proximity to essential services. The combination of location, durable workforce housing demand, and recent capital improvements positions the asset for stable cash flow and long-term appreciation within one of Southern California's most supply-constrained rental markets.
Pleased to exclusively present the opportunity to acquire a multifamily investment property located at 4244 East Compton Boulevard in
unincorporated Los Angeles County, a dense infill supported by a large and stable workforce population. Originally constructed in 1948, the building area is 4,236 square feet and situated on a 11,051 square foot parcel. There is rent control in unincorporated Los Angeles County (buyer to verify).
The asset features a functional unit mix of nine total apartments, including seven one-bedroom/one-bathroom units and two studio units, which is well-suited to meet the area's demand for attainable workforce housing. Each unit is individually metered for gas and electricity and provides onsite open space parking. Recent capital improvements include a new roofs and plumbing, enhancing the overall condition of the asset. Notably, the offering includes seller financing with a 30% down payment, payable at 6% interest only, due in five years, providing investors with favorable leverage, increased cash flow and a compelling alternative to conventional financing.
Compton continues to emerge as a compelling multifamily investment market within Los Angeles County, benefiting from its centralized location and accessibility to major employment centers. The city is strategically positioned near key transportation corridors including Interstate 710, State Route 91, and Interstate 105, providing direct connectivity to the Ports of Los Angeles and Long Beach, as well as surrounding industrial, logistics, and distribution hubs that drive local employment. The immediate area offers a wide range of neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting a highly functional day-today living environment for residents. Additionally, access to public transportation and major arterial corridors further enhances the location's appeal for a commuter based
tenant base.
Situated along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, the property benefits from excellent visibility and proximity to essential services. The combination of location, durable workforce housing demand, and recent capital improvements positions the asset for stable cash flow and long-term appreciation within one of Southern California's most supply-constrained rental markets.
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 9
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6180010004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Douglas McCauley MARCUS & MILLICHAP 626-695-6776
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