*** Seller Financing. Call or Text for Offering Memorandum ***
Pleased to exclusively present the opportunity to acquire a multifamily investment property located at 4244 East Compton Boulevard in
unincorporated Los Angeles County, a dense infill supported by a large and stable workforce population. Originally constructed in 1948, the building area… Read More is 4,236 square feet and situated on a 11,051 square foot parcel. There is rent control in unincorporated Los Angeles County (buyer to verify).
The asset features a functional unit mix of nine total apartments, including seven one-bedroom/one-bathroom units and two studio units, which is well-suited to meet the area’s demand for attainable workforce housing. Each unit is individually metered for gas and electricity and provides onsite open space parking. Recent capital improvements include a new roofs and plumbing, enhancing the overall condition of the asset. Notably, the offering includes seller financing with a 30% down payment, payable at 5% interest only, due in five years, providing investors with favorable leverage, increased cash flow and a compelling alternative to conventional financing.
Compton continues to emerge as a compelling multifamily investment market within Los Angeles County, benefiting from its centralized location and accessibility to major employment centers. The city is strategically positioned near key transportation corridors including Interstate 710, State Route 91, and Interstate 105, providing direct connectivity to the Ports of Los Angeles and Long Beach, as well as surrounding industrial, logistics, and distribution hubs that drive local employment. The immediate area offers a wide range of neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting a highly functional day-today living environment for residents. Additionally, access to public transportation and major arterial corridors further enhances the location’s appeal for a commuter based
tenant base.
Situated along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, the property benefits from excellent visibility and proximity to essential services. The combination of location, durable workforce housing demand, and recent capital improvements positions the asset for stable cash flow and long-term appreciation within one of Southern California’s most supply-constrained rental markets. Read Less
Property listed by MARCUS & MILLICHAP, Douglas McCauley 310-259-7556
Listing Snapshot
Days Online
90
Last Updated
Property Type
Apartment
Lot Size
0.25 Acres
Year Built
1948
MLS Number
CV26072033
Additional Details
Building
Built in 1948, 5 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: Drive By
Community
Curbs, StreetLights, Sidewalks
Cooling
WallWindowUnits
Expenses
Electric: $5,996, Gardener: $600, Insurance: $9,000, Maintenance: $7,957, Operating: $53,773, Pest Control: $270, Other Expense: $1,000
Income
Gross Income: $159,156, Gross ScheduledIncome: $159,156, Net Operating Income: $100,608
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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