209 South Willow Avenue

Compton, CA 90221

$1,405,000
Price
6
Beds
7
Baths
5,301 Sq. Ft.
$265 / Sq. Ft.
5,301
Sq. Ft.
$265
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

Location

Listing Courtesy of Morgan Skenderian, Doug Rodermund, DRE #01314304
Add your commute
LISTING UPDATED: 04/26/2024 03:06 AM

Property Details for 209 South Willow Avenue

StatusActive
MLS #PW24001577
Days on Market116
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
CountyLos Angeles County

Location

Listing Courtesy of Morgan Skenderian, Doug Rodermund, DRE #01314304
Add your commute

Building Information for 209 South Willow Avenue

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

Payment Calculator

$9,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,668

Property Taxes

$1,639

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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
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
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
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
DateEvent & SourcePrice

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$235,883Additions$857,760Total$1,093,643
Tax Record2023$19,670 ($1,639 / 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 - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Emerson Elementary School
PublicK to 8

Roosevelt Middle School
Public6 to 8

Dominguez High School
Public9 to 12

Lifeline Education Charter School
CharterK 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.

Similar Homes

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209 South Willow Avenue is a multi-family home for sale in Compton, CA 90221. This property was listed for sale on January 3, 2024 by Morgan Skenderian, it's currently listed at $1,405,000. It has been on the market for a total of 116 days and was last sold on September 7, 2018. This listing's school district is Compton Unified School District. Nearby schools include Emerson Elementary School, Roosevelt Middle School and Dominguez High School. 209 South Willow Avenue is a 6-bed, 7-bath, 5,301 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.