Compton, CA 90221,15615 S White Ave
Compton, CA 90221,15615 S White Ave
Compton, CA 90221,15615 S White Ave
8
$1,085,000
$1,099,000
1.3%
Est.Price: ?

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12 BD
6 BA
5,096 SqFt

15615 S White Ave Compton, CA 90221

Est. payment /mo
SOLD DATE : 02/27/2024

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Key Details

Sold Price $1,085,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,096 sqft

Price per Sqft $212

MLS Listing ID 24-346217

Sold Date 02/27/24

Bedrooms 12

Year Built 1935

Lot Size 0.463 Acres

Property Description

15613-17 S. White Ave. is a six-unit value-add opportunity, located in an area of Unincorporated LA County, and offered at $183,167 per unit, $216 per foot, 5.65% current CAP, and 10.83 current GRM. With approx. 70% rental upside, the property will stabilize at an 11.98% market CAP & 6.35 market GRM at projected market rents (based on renovated units). Situated on a 20,170 SF lot with plenty of parking spaces (mix of one-car garages, covered, and surface spaces), 15613-17 S. White presents an opportunity to add one or two ADUs (buyer to verify). The property is comprised of four structures featuring (6) 2-bdrm. units averaging approx. 850 SF. Several units feature private front yards.

Location

State CA

County Los Angeles

Area Compton S Of Rosecrans, E Of Alameda

Zoning LCR3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Flooring Other

Equipment Built-Ins, Dishwasher, Freezer, Hood Fan, Refrigerator, Range/Oven, Other

Laundry Community, Room

Exterior

Parking Features Garage - 1 Car, Uncovered, Covered Parking

Garage Spaces 6.0

View Y/N No

View None

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Compass

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Herman Singh

Broker

+1(310) 625-6175

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