123 W Alondra Blvd

6
Baths
4,152 Sq. Ft.
$294 / Sq. Ft.
4,152
Sq. Ft.
$294
per Sq. Ft.

Description

We are pleased to offer for sale a six-unit apartment community located at 123 West Alondra Boulevard. The subject property is located on Alondra Boulevard, just west of the Alameda Street intersection within the dense Compton submarket.123 West Alondra is centrally situated for easy access to Compton's essential services. With close proximity to major highways and public transportation, commuting is convenient, offering the perfect balance between city life and tranquility. Situated on a 6,453 square...We are pleased to offer for sale a six-unit apartment community located at 123 West Alondra Boulevard. The subject property is located on Alondra Boulevard, just west of the Alameda Street intersection within the dense Compton submarket.123 West Alondra is centrally situated for easy access to Compton's essential services. With close proximity to major highways and public transportation, commuting is convenient, offering the perfect balance between city life and tranquility. Situated on a 6,453 square foot parcel, the property is comprised of one-bedroom, two-bedroom & three-bed room units. There is more than 25% rental upside through interior renovations. One unit will be delivered vacant allowing new ownership to immediately renovate and achieve e a market rental rate. The property is being offered at an attractive basis with a 7.05% cap rate on current income. The continued gentrification of the surrounding area along with the remaining value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 123 West Alondra Boulevard an excellent acquisition opportunity.
  1. Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 123 West Alondra Boulevard

Zoning
COCL*
Parcel Number
6160007009
Total Units
6.0
Living Area
4152
Source Living Area
Assessor
Area
Compton S of Rosecrans, E of Central, W of Alameda (RP)
Vacancy Rate
1
Lot Size Area
6455
LISTING UPDATED: 04/25/2024 12:44 PM

Property Details for 123 West Alondra Boulevard

StatusSold
MLS #23-337373
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.15 AC / 6,455 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Sold By BRC Advisors- BH, Mike Iryami, DRE #01825516

Add your commute

Building Information for 123 West Alondra Boulevard

Stories2Residences-Year Built1928Building Size-Lot Size0.15 AC / 6,455 SF

Payment Calculator

$7,821 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,946

Property Taxes

$1,875

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 123 West Alondra Boulevard

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $133,092
  • Net Operating Income: $87,481.00
  • Gross Income: $137,208
  • Gross Scheduled Income: $137,208
  • Cap Rate: 7.05%
  • Gross Rent Multiplier: $9.04
  • Total Annual Expense: 45611
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1482
  • Lot Size Square Feet: 6455
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 12
Interior Features
Interior Features
  • Levels: Multi/Split, Two
  • Cooling: Other/Remarks
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 12-05-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,585.00
  • Unit Actual Rent: $1,585.00
  • Unit Projected Rent: $2,050.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,050.00
  • Unit Actual Rent: $2,050.00
  • Unit Projected Rent: $2,050.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,764.00
  • Unit Actual Rent: $1,764.00
  • Unit Projected Rent: $2,050.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,764.00
  • Unit Actual Rent: $1,764.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,921.00
  • Unit Actual Rent: $1,921.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $468,918.00
  • Assessed Improvement Percent: 58.33
  • Assessed Land Value: $334,939.00
  • Assessed Land Percent: 41.67
  • Assessed Total Value: $803,857.00

Property History for 123 West Alondra Boulevard

DateEvent & SourcePriceAppreciation
Apr 12, 2024

Sold

CRMLS #23337373

$1,220,000—
Apr 12, 2024

Sold

SDMLS #23-337373

$1,220,000—
Apr 12, 2024

Sold

CLAW #23-337373

$1,220,000—
Feb 15, 2024

Sold (Public Record)

Public Record #1530462360

$1,220,000—
Feb 8, 2024

Pending

CLAW #23-337373

—
Feb 8, 2024

Pending

SDMLS #23-337373

—
Feb 8, 2024

Accepting Backup Offers

CLAW #23-337373

—
Feb 8, 2024

Accepting Backup Offers

CRMLS #23337373

—
Feb 2, 2024

Price Change

CLAW #23-337373

$1,240,000—
Feb 2, 2024

Price Change

CRMLS #23337373

$1,240,000—
Dec 5, 2023

Listed (Active)

CLAW #23-337373

$1,365,000—
Dec 5, 2023

Listed (Active)

CRMLS #23337373

$1,365,000—
Dec 5, 2023

Listed (Active)

SDMLS #23-337373

$1,365,000—
Aug 3, 2003

Sold

CRMLS #CC213424

$255,000—
Aug 3, 2003

Sold

CLAW #P349834MR

$255,000—
Aug 3, 2003

Sold

CRMLS #P349834

$255,000—
Jul 22, 2003

Expired

CRMLS #M212044

$209,000—
Jul 22, 2003

Expired

CLAW #M212044MR

—
Jul 7, 2003

Pending

CLAW #P349834MR

—
Jul 7, 2003

Pending

CRMLS #P349834

—
Jun 30, 2003

Listed (Active)

CRMLS #CC213424

$250,000—
Jun 30, 2003

Listed (Active)

CRMLS #P349834

$250,000—
Jun 30, 2003

Listed (Active)

CLAW #P349834MR

$250,000—
Sep 20, 2002

Pending

CRMLS #M212044

—
Sep 20, 2002

Pending

CLAW #M212044MR

—
Sep 20, 2002

Listed (Active)

CRMLS #M212044

$209,000—
Sep 20, 2002

Listed (Active)

CLAW #M212044MR

$209,000—
Mar 28, 2002

Expired

CRMLS #M208613

$33,000—
Mar 28, 2002

Expired

CLAW #M208613MR

—
Oct 27, 2001

Listed (Active)

CLAW #M208613MR

$33,000—
Oct 27, 2001

Listed (Active)

CRMLS #M208613

$33,000—
DateEvent & SourcePrice
04/12/2024

Sold

CRMLS #23337373

$1,220,000
04/12/2024

Sold

SDMLS #23-337373

$1,220,000
04/12/2024

Sold

CLAW #23-337373

$1,220,000
02/15/2024

Sold (Public Record)

Public Record #1530462360

$1,220,000
02/08/2024

Pending

CLAW #23-337373

—
02/08/2024

Pending

SDMLS #23-337373

—
02/08/2024

Accepting Backup Offers

CLAW #23-337373

—
02/08/2024

Accepting Backup Offers

CRMLS #23337373

—
02/02/2024

Price Change

CLAW #23-337373

$1,240,000
02/02/2024

Price Change

CRMLS #23337373

$1,240,000
12/05/2023

Listed (Active)

CLAW #23-337373

$1,365,000
12/05/2023

Listed (Active)

CRMLS #23337373

$1,365,000
12/05/2023

Listed (Active)

SDMLS #23-337373

$1,365,000
08/03/2003

Sold

CRMLS #CC213424

$255,000
08/03/2003

Sold

CLAW #P349834MR

$255,000
08/03/2003

Sold

CRMLS #P349834

$255,000
07/22/2003

Expired

CRMLS #M212044

$209,000
07/22/2003

Expired

CLAW #M212044MR

—
07/07/2003

Pending

CLAW #P349834MR

—
07/07/2003

Pending

CRMLS #P349834

—
06/30/2003

Listed (Active)

CRMLS #CC213424

$250,000
06/30/2003

Listed (Active)

CRMLS #P349834

$250,000
06/30/2003

Listed (Active)

CLAW #P349834MR

$250,000
09/20/2002

Pending

CRMLS #M212044

—
09/20/2002

Pending

CLAW #M212044MR

—
09/20/2002

Listed (Active)

CRMLS #M212044

$209,000
09/20/2002

Listed (Active)

CLAW #M212044MR

$209,000
03/28/2002

Expired

CRMLS #M208613

$33,000
03/28/2002

Expired

CLAW #M208613MR

—
10/27/2001

Listed (Active)

CLAW #M208613MR

$33,000
10/27/2001

Listed (Active)

CRMLS #M208613

$33,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123 West Alondra Boulevard

Taxable ValueLand$714,000Additions$530,400Total$1,244,400
Tax Record2025$22,495 ($1,875 / month)
Home Facts
Total Finished SqFt4,152 SqFtAbove Grade Finished SqFt4,152 SqFtLot Size6,453 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningCOCL*CountyLOS ANGELESAPN6160-007-009

Schools near 123 West Alondra Boulevard

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dickison Elementary School
PublicK to 8

Davis Middle School
Public6 to 8

Compton High School
Public9 to 12

Compton Early College High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Marcus & Millichap, Sean Rosenzweig, DRE #01406343

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.