5414 Compton Avenue

Los Angeles, CA 90011

$825,000
Last Sold Price
4
Beds
4
Baths
3,464 Sq. Ft.
$238 / Sq. Ft.
3,464
Sq. Ft.
$238
per Sq. Ft.

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

  1. Max Berger

    Max Berger

    Listing Agent

    Compass

    DRE #02054048

    max.berger@compass.com

    P: 818.321.4972

Property Details for 5414 Compton Avenue

Zoning
LAC2
Parcel Number
5105004016
Total Units
6.0
Living Area
3464
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
5867

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048

Sold By Exclusive Realty Inc, Benjamin Shamouelian, DRE #01703755

Add your commute
LISTING UPDATED: 02/16/2023 02:01 PM

Property Details for 5414 Compton Avenue

StatusSold
MLS #22-199541
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.13 AC / 5,867 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048

Sold By Exclusive Realty Inc, Benjamin Shamouelian, DRE #01703755

Add your commute

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

30 year fixed, 7.25% Interest

Principal and Interest

$4,502

Property Taxes

$843

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5414 Compton Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Security Features: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $71,726
  • Net Operating Income: $47,293.00
  • Gross Income: $73,944
  • Cap Rate: 5.11%
  • Gross Rent Multiplier: $12.51
  • Financial Info as Of: 10/03/2022
  • Vacancy Allow Percent: 2.50%
  • Total Annual Expense: 24433
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1347
  • Lot Size Square Feet: 5867
Parking Details
Parking Details
  • Parking Garage: Side By Side, Uncovered
  • Total Parking: 4
  • Parking Features: Side by Side, Uncovered
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
  • Common Walls: Attached
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-14-2022
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,453.00
  • Unit Actual Rent: $1,453.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,154.00
  • Unit Actual Rent: $1,154.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,129.00
  • Unit Actual Rent: $1,129.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $249.00
  • Unit Actual Rent: $249.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $1,097.00
  • Unit Actual Rent: $1,097.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $1,040.00
  • Unit Actual Rent: $1,040.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111

Property History for 5414 Compton 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 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.

Similar Homes

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Similar Sold Homes

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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 Compass, Max Berger, DRE #02054048

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.