Renovated Two-Unit
For Sale
$559,000
1012 N Willow Ave, Compton, CA 90221
Both units are occupied and provide parking for two cars each.
Property Size1,020 SF
Price / SF$548.04
Days on Market17
Property Features for 1012 N Willow Ave
General Information
Standard status
Active
Size
1,020 SF
Property subtype
Residential Income
Zoning
COCL*
Units
Multifamily Units
2
Parking per Unit
2
Building Details
Year Built
1926
Buildings
1
Construction
Spanish Mediterranean
Tenancy
Multi
Listing Agency:
Horizon Real Estate Management Group
(323) 333-2350
Listed By:
Ericka Scholes
(323) 333-2350
Source:
Exprealty
Added: Jul 25
Changed: Aug 10
Last Checked: Aug 10 at 4:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horizon Real Estate Management Group
Investment Insights
Based on property information with market context.
This Spanish Mediterranean duplex was built in 1926 and contains 1,020 sq. ft. across two renovated units. Both units are occupied, and the property is being sold with tenants in place. Each unit includes parking for two cars, while the site also offers a large yard and possible signage opportunity.
The property is located at 1012 N Willow Ave in Compton and is zoned COCL* for commercial-related or local business retail use. Schools, shopping centers, retail, restaurants, and major highways are located nearby.
The property is located at 1012 N Willow Ave in Compton and is zoned COCL* for commercial-related or local business retail use. Schools, shopping centers, retail, restaurants, and major highways are located nearby.
Key Highlights
- Two‑unit duplex built in 1926
- 1,020 sq. ft. property with two renovated units
- Both units are occupied; property is being sold occupied
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,813
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$356,260
$356.3K
Cap Rate 7%
$254,471
$254.5K
Cap Rate 9%
$197,922
$197.9K
Market Conditions
NOI Build-Up for 1,020 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.5K $27.00/SF
− Vacancy
−$2.1K −$2.05/SF
EGI
$25.4K $24.95/SF
− OpEx
−$7.6K −$7.48/SF
NOI
$17.8K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$356,260
Cap Rate 7%
$254,471
Cap Rate 9%
$197,922
Alternative Uses
Best Use
Multifamily LT 5
$254.5K
$222.7K – $296.9K
NOI $17,813 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$234.5K
$205.2K – $273.6K
NOI $16,413 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$546.1K
$477.8K – $637.1K
NOI $38,227 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Explore this area
Business Placement
Demographics for 90221, CA
52,561
Population
12,854
Households
4.1
Avg Household Size
31
Median Age
8%
College-Educated
58%
High-School Grad
5.4 sq mi
ZIP Area
9,734
Density / Sq Mi
$68,191
Median Household Income
$34,426
Median Earnings
$1,600
Median Rent
$541,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both units are occupied and provide parking for two cars each.
Where is this duplex located?
The property is located at 1012 N Willow Ave Compton, CA.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1926; 1,020 sq. ft. property with two renovated units; Both units are occupied; property is being sold occupied
