209 S Willow Ave

7
Baths
5,301 Sq. Ft.
$255 / Sq. Ft.
5,301
Sq. Ft.
$255
per Sq. Ft.

Description

209 s. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U. S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit...209 s. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U. S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (1) one bedroom/one bathroom, (4) two bedroom/one bathroom and (1) three bedroom/two bathroom units. This property also features carports, large floorplans, and on-site laundry. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.
  1. Listed by Doug Rodermund • DRE #01314304 • Brokerage DRE #01220368 • Morgan Skenderian • dsr@morganskenderian.com

Property Details for 209 South Willow Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5301
Assessor Parcel Number
6179-002-025
Property Attached YN
true
LISTING UPDATED: 09/23/2024 03:07 AM

Property Details for 209 South Willow Avenue

StatusClosed
MLS #PW24001577
Days on Market264
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1963
CountyLos Angeles County

Location

Listing Courtesy of Morgan Skenderian, Doug Rodermund, DRE #01314304

Sold By NONMEMBER MRML, Franklin Holifield, DRE #00315306

Add your commute

Building Information for 209 South Willow Avenue

Building/Complex209 S Willow AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1963Building Size-

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$8,538 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,580

Property Taxes

$1,958

HOA Dues

$0

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Property Information for 209 South Willow Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $118,656
  • Vacancy Allowance: 2373
  • Gross Operating Income: $116,282
  • Net Operating Income: $79,318
  • Gross Multiplier: 11.84
  • Cap Rate: 5.7
  • Financing: Conventional
Expense Details
  • Operating Expense: $36,964
  • Gardener Expense: $600
  • Fuel Expense: $2,114
  • Electric Expense: $2,114
  • Insurance Expense: $2,626
  • Maintenance Expense: $7,119
  • Professional Management Expense: $0
  • Trash Expense: $2,114
  • Water Sewer Expense: $2,114
  • Total Expenses: $36,964
Tax / Assessment Info
  • Tax Annual Amount: $17,563
  • Tax Tract Number: 2
  • Tax Census Tract: 5424.01
  • CFD/Mello-Roos Fee: $1,780
  • Tax Lot: 39
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 5
  • Parking Features: Assigned
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,453
  • Unit Type Total Rent: $1,453
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,673
  • Unit Type Total Rent: $6,692
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,743
  • Unit Type Total Rent: $1,743
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 209 South Willow Avenue

DateEvent & SourcePriceAppreciation
Sep 23, 2024

Sold

CRMLS #PW24001577

$1,350,000—
Sep 23, 2024

Sold

SDMLS #PW24001577

$1,350,000—
Sep 23, 2024

Sold

CLAW #PW24001577MR

$1,350,000—
Sep 23, 2024

Pending

SDMLS #PW24001577

—
Sep 23, 2024

Pending

CLAW #PW24001577MR

—
May 17, 2024

Sold (Public Record)

Public Record #1540357137

$1,350,000

+5.0% / yr

Jan 3, 2024

Listed (Active)

SDMLS #PW24001577

$1,405,000—
Jan 3, 2024

Listed (Active)

CLAW #PW24001577MR

$1,405,000—
Jan 3, 2024

Listed (Active)

CRMLS #PW24001577

$1,405,000—
Dec 30, 2023

Expired

CRMLS #PW22211157

—
Dec 29, 2023

Expired

SDMLS #PW22211157

$1,405,000—
Dec 29, 2023

Expired

CLAW #PW22211157MR

$1,405,000—
Jul 26, 2023

Price Change

CRMLS #PW22211157

$1,405,000—
May 16, 2023

Price Change

CLAW #PW22211157MR

$1,415,000—
May 16, 2023

Price Change

CRMLS #PW22211157

$1,415,000—
Mar 27, 2023

Price Change

CLAW #PW22211157MR

$1,495,000—
Mar 27, 2023

Price Change

CRMLS #PW22211157

$1,495,000—
Sep 28, 2022

Listed (Active)

SDMLS #PW22211157

$1,740,000—
Sep 28, 2022

Listed (Active)

CLAW #PW22211157MR

$1,740,000—
Sep 28, 2022

Listed (Active)

CRMLS #PW22211157

$1,740,000—
Sep 7, 2018

Sold (Public Record)

Public Record #631328115

$1,020,000

+23.9% / yr

Jan 1, 2018

Expired

CRMLS #PW17242881

$1,200,000—
Dec 31, 2017

Expired

SDMLS #PW17242881

—
Dec 31, 2017

Expired

CLAW #PW17242881MR

—
Oct 24, 2017

Listed (Active)

CRMLS #PW17242881

$1,200,000—
Oct 24, 2017

Listed (Active)

CLAW #PW17242881MR

$1,200,000—
Oct 24, 2017

Listed (Active)

SDMLS #PW17242881

$1,200,000—
Dec 18, 2014

Withdrawn / Cancelled

CRMLS #RS14224544

$699,000—
Dec 18, 2014

Withdrawn / Cancelled

CLAW #RS14224544MR

—
Dec 16, 2014

Listed (Active)

CRMLS #RS14224544

$699,000—
Dec 16, 2014

Listed (Active)

CLAW #RS14224544MR

$699,000—
Jun 25, 2014

Sold (Public Record)

Public Record #420250651

$415,000—
DateEvent & SourcePrice
09/23/2024

Sold

CRMLS #PW24001577

$1,350,000
09/23/2024

Sold

SDMLS #PW24001577

$1,350,000
09/23/2024

Sold

CLAW #PW24001577MR

$1,350,000
09/23/2024

Pending

SDMLS #PW24001577

—
09/23/2024

Pending

CLAW #PW24001577MR

—
05/17/2024

Sold (Public Record)

Public Record #1540357137

$1,350,000

+5.0% / yr

01/03/2024

Listed (Active)

SDMLS #PW24001577

$1,405,000
01/03/2024

Listed (Active)

CLAW #PW24001577MR

$1,405,000
01/03/2024

Listed (Active)

CRMLS #PW24001577

$1,405,000
12/30/2023

Expired

CRMLS #PW22211157

—
12/29/2023

Expired

SDMLS #PW22211157

$1,405,000
12/29/2023

Expired

CLAW #PW22211157MR

$1,405,000
07/26/2023

Price Change

CRMLS #PW22211157

$1,405,000
05/16/2023

Price Change

CLAW #PW22211157MR

$1,415,000
05/16/2023

Price Change

CRMLS #PW22211157

$1,415,000
03/27/2023

Price Change

CLAW #PW22211157MR

$1,495,000
03/27/2023

Price Change

CRMLS #PW22211157

$1,495,000
09/28/2022

Listed (Active)

SDMLS #PW22211157

$1,740,000
09/28/2022

Listed (Active)

CLAW #PW22211157MR

$1,740,000
09/28/2022

Listed (Active)

CRMLS #PW22211157

$1,740,000
09/07/2018

Sold (Public Record)

Public Record #631328115

$1,020,000

+23.9% / yr

01/01/2018

Expired

CRMLS #PW17242881

$1,200,000
12/31/2017

Expired

SDMLS #PW17242881

—
12/31/2017

Expired

CLAW #PW17242881MR

—
10/24/2017

Listed (Active)

CRMLS #PW17242881

$1,200,000
10/24/2017

Listed (Active)

CLAW #PW17242881MR

$1,200,000
10/24/2017

Listed (Active)

SDMLS #PW17242881

$1,200,000
12/18/2014

Withdrawn / Cancelled

CRMLS #RS14224544

$699,000
12/18/2014

Withdrawn / Cancelled

CLAW #RS14224544MR

—
12/16/2014

Listed (Active)

CRMLS #RS14224544

$699,000
12/16/2014

Listed (Active)

CLAW #RS14224544MR

$699,000
06/25/2014

Sold (Public Record)

Public Record #420250651

$415,000

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

Public Records for 209 South Willow Avenue

Taxable ValueLand$650,000Additions$700,000Total$1,350,000
Tax Record2025$23,490 ($1,958 / month)
Home Facts
Total Finished SqFt5,301 SqFtAbove Grade Finished SqFt5,301 SqFtLot Size6,758 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningCOPRH*CountyLOS ANGELESAPN6179-002-025

Schools near 209 South Willow Avenue

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

Dominguez High School
Public9 to 12

Willowbrook Middle School
Public6 to 8

KIPP Compton Community
CharterK to 8

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 Morgan Skenderian, Doug Rodermund, DRE #01314304

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.