9118 Compton Avenue

Los Angeles, CA 90002

$1,595,950
Price
16
Beds
8
Baths
4,620 Sq. Ft.
$345 / Sq. Ft.
4,620
Sq. Ft.
$345
per Sq. Ft.

Description

Here is your opportunity invest in an LA residential income property providing steady and reliable return on your investment. This property is in a high demand rental area offering a good potential for appreciation. Consisting of a total of EIGHT (8) units with 2-Bedrooms / 1-Bathrooms each and separately metered for gas and electricity. There are 10+/- parking spots available. It is situated in a desirable neighborhood, close to public transportation, local amenities and minutes from Downtown LA...Here is your opportunity invest in an LA residential income property providing steady and reliable return on your investment. This property is in a high demand rental area offering a good potential for appreciation. Consisting of a total of EIGHT (8) units with 2-Bedrooms / 1-Bathrooms each and separately metered for gas and electricity. There are 10+/- parking spots available. It is situated in a desirable neighborhood, close to public transportation, local amenities and minutes from Downtown LA via the 110 Freeway.
  1. Listed by JOHN JOHNSON • DRE #01312900 • Brokerage DRE #01526078 • J-N-J REALTY • 909-382-9780

Property Details for 9118 Compton Avenue

View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
N/K
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4620

Location

Listing Courtesy of J-N-J REALTY, JOHN JOHNSON, DRE #01312900
Add your commute
LISTING UPDATED: 04/30/2024 09:45 AM

Property Details for 9118 Compton Avenue

StatusPending
MLS #IV23170905
Days on Market228
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
CountyLos Angeles County

Location

Listing Courtesy of J-N-J REALTY, JOHN JOHNSON, DRE #01312900
Add your commute

Building Information for 9118 Compton Avenue

Building/Complex9118 Compton AveFloor-Stories2Residences-Pet Policy-Year Built1958Building Size-

Payment Calculator

$9,170 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,710

Property Taxes

$460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9118 Compton Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $113,820
  • Gross Spendable Income: $92,220
  • Vacancy Allowance: 14227
  • Vacancy Allowance Rate: 13
  • Gross Operating Income: $99,592
  • Net Operating Income: $69,278
  • Gross Multiplier: 7.13
  • Cap Rate: 4.34
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $44,541
  • Operating Expense Percent: 39.00%
  • Gardener Expense: $2,160
  • Fuel Expense: $0
  • Electric Expense: $14,218
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $3,611
  • Water Sewer Expense: $8,531
  • Total Expenses: $44,541
Tax / Assessment Info
  • Tax Tract Number: 2423
  • Tax Census Tract: 2423.00
  • CFD/Mello-Roos Fee: $2,028
  • Tax Lot: 18
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Water Heater
  • Equipment: None
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Security: Security Bars
  • Construction Materials: Concrete, Drywall Walls, Stone Veneer
  • Exterior Construction: Concrete, Stone Veneer
  • Roof: Asphalt, Composition, Shingle, Tar/Gravel
  • Entry Location: Parking Lot
  • Fence: Yes
  • Fence: Chain Link, Wrought Iron
  • Fencing: Chain Link, Wrought Iron
  • Foundation Details: Pillar/Post/Pier
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Near Public Transit, Utilities - Overhead
  • Direction Faces: South
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • 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: $1,170
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • 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: $883
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • 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: $760
  • Unit Type Total Rent: $927
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • 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: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • 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: $1,004
  • Unit Type Total Rent: $951
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • 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: $1,800
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • 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: $954
  • Unit Type Total Rent: $946
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • 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: $1,100
  • Unit Type Total Rent: $1,010
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 0

Property History for 9118 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 9118 Compton Avenue

Taxable ValueLand$107,164Additions$182,479Total$289,643
Tax Record2023$5,525 ($460 / month)
Home Facts
Total Finished SqFt4,620 SqFtAbove Grade Finished SqFt4,620 SqFtLot Size6,245 SqFtStyleMulti-Family Res (5+ Units)ZoningLAR3CountyLOS ANGELESAPN6044-007-002

Schools near 9118 Compton Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Judith F. Baca Arts Academy
PublicK to 6

Charles Drew Middle School
Public7 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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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 J-N-J REALTY, JOHN JOHNSON, DRE #01312900

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.