5414 Compton Avenue
5414 Compton Avenue
$825,000
4
4
3,464
3,464
$238
Sold 2/7/23
Description
*** Can be purchased individually or a part of a 48-unit portfolio, contact LA1 for more information ** 5414-18 Compton Avenue is a 6-unit mixed-use property in the Central Alameda neighborhood of South LA neighborhood operating at a 5.11% current CAP and offers investors approx. 46% upside in rents . Located just North of E. 55th St, the subject property is comprised of (4) 1-bdrm. units and (2) commercial spaces that generate approx. $6,100+ in gross monthly income. Based on market rents on renovated...*** Can be purchased individually or a part of a 48-unit portfolio, contact LA1 for more information ** 5414-18 Compton Avenue is a 6-unit mixed-use property in the Central Alameda neighborhood of South LA neighborhood operating at a 5.11% current CAP and offers investors approx. 46% upside in rents . Located just North of E. 55th St, the subject property is comprised of (4) 1-bdrm. units and (2) commercial spaces that generate approx. $6,100+ in gross monthly income. Based on market rents on renovated units in the area, we believe a future investor could achieve $9,000+ in gross monthly income and operate the building at a 8.73% market CAP and 8.53 market GRM. The property amenities include on-site laundry and community laundry.
Listing Agent
Property Details for 5414 Compton Avenue
Zoning
LAC2
Parcel Number5105004016
Total Units6.0
Living Area3464
Source Living AreaVendor Enhanced
AreaDowntown L.A. (C42)
Vacancy Rate0
Lot Size Area5867
Location
LISTING UPDATED: 02/16/2023 02:01 PM
Property Details for 5414 Compton Avenue
Status | Sold |
---|---|
MLS # | 22-199541 |
Days on Market | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.13 AC / 5,867 SF |
County | Los Angeles County |
Location
Virtual Tour
Building Information for 5414 Compton Avenue
Stories2Residences-Year Built1951Building Size-Lot Size0.13 AC / 5,867 SF
Payment Calculator
$5,345 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5414 Compton Avenue
Property History for 5414 Compton Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5414 Compton Avenue
Taxable ValueLand$578,147Additions$220,746Total$798,893
Tax Record2023$10,119 ($843 / month)
Home Facts
Total Finished SqFt3,464 SqFtAbove Grade Finished SqFt3,464 SqFtStories1Lot Size5,867 SqFtStyleOffice BuildingYear Built1951ZoningLAC2CountyLOS ANGELESAPN5105-004-016
Schools near 5414 Compton Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hooper Avenue Elementary School Public1 to 5 | ||
Los Angeles Academy Middle Public6 to 8 | ||
Thomas Jefferson Senior High School 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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