Compton, CA 90221,15615 S White AVE
Compton, CA 90221,15615 S White AVE
Compton, CA 90221,15615 S White AVE
Compton, CA 90221,15615 S White AVE
Compton, CA 90221,15615 S White AVE
Compton, CA 90221,15615 S White AVE
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$1,085,000

$1,099,000

1.3%
Est.Price: ?

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Est. payment /mo

12 Beds

6 Baths

5,096 SqFt


SOLD DATE : 02/27/2024

Key Details

Sold Price $1,085,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,096 sqft

Price per Sqft $212

MLS Listing ID 24346217

Sold Date 02/27/24

Bedrooms 12

HOA Y/N No

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 Ro - Compton S Of Rosecrans, E Of Alameda

Zoning LCR3YY

Interior

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Common Area, Laundry Room

Exterior

Parking Features Covered, Door-Single, Garage, Uncovered

Community Features Gated

View Y/N No

View None

Total Parking Spaces 6

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6181022028

Security Features Gated Community

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Max Berger • Compass
Bought with Max Berger • Compass
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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