4620 Compton Avenue
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 7,800 sqft lot
- 1961 build
- – on site
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I am pleased to offer for sale an eight-unit apartment community located at 4620 Compton Avenue. The subject property is located just south of Vernon Avenue within South Los Angeles. Situated on a 7,800 square foot parcel, the property comprises of half one-bedroom units and half two-bedroom units and was built in 1961. One of the units will be delivered vacant in rent ready condition so new ownership can immediately achieve a market rental rate. The property has 120% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 4620 Compton Avenue an excellent acquisition opportunity.
Listed By CRMLS_CA / Sean Rosenzweig / Marcus & Millichap
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Last updated Feb 25, 2023
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MLS# 22189925 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/8/22
Dec 8, 2022
|
Sold | CRMLS_CA | $1,180,000 | -5.2% |
11/2/22
Nov 2, 2022
|
Pending | CRMLS_CA | $1,245,000 | |
9/29/22
Sep 29, 2022
|
Price Changed | CRMLS_CA | $1,245,000 | -2.4% |