Remodeled Multifamily
124 W Rosecrans Ave, Compton, CA 90222
For Sale
$1,199,000
City sign-off followed extensive updates to the roof, paint, electrical, and plumbing; occupants remain in place.
Property Size3,332 SF
Price / SF$359.84
Days on Market530
Property Features for 124 W Rosecrans Ave
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Erica Contreras
Listed By:
Erica Contreras · License CA #01791495
(818) 521-2358
Source:
Thecorralesgroup
Added: May 30, 2025
Changed: Nov 8
Last Checked: Nov 9 at 8:43PM
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 Erica Contreras
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,332-square-foot multifamily property was built in 1954 and has undergone extensive remodeling. Improvements include a new roof, fresh paint, and updated electrical and plumbing systems. The City of Compton completed and signed off on the final pre-sale inspection, with city requirements met. Occupants remain in the property at the time of sale.
Key Highlights
- 3,332‑square‑foot multifamily property
- Built in 1954
- New roof, paint, electrical, and plumbing improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,615
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,300
$1.1M
Cap Rate 7%
$765,929
$765.9K
Cap Rate 9%
$595,722
$595.7K
Market Conditions
NOI Build-Up for 3,332 SF
Gross rent
$106.0K $31.80/SF
− Vacancy
−$8.5K −$2.54/SF
EGI
$97.5K $29.26/SF
− OpEx
−$43.9K −$13.17/SF
NOI
$53.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,300
Cap Rate 7%
$765,929
Cap Rate 9%
$595,722
Alternative Uses
Best Use
Apartment 5plus
$765.9K
$670.2K – $893.6K
NOI $53,615 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,876 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 90222, CA
32,397
Population
8,874
Households
3.7
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
2.7 sq mi
ZIP Area
11,999
Density / Sq Mi
$76,467
Median Household Income
$35,102
Median Earnings
$1,485
Median Rent
$552,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Multifamily properties in Compton
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - City sign-off followed extensive updates to the roof, paint, electrical, and plumbing; occupants remain in place.
Where is this multifamily property located?
The property is located at 124 W Rosecrans Ave Compton, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 3,332‑square‑foot multifamily property; Built in 1954; New roof, paint, electrical, and plumbing improvements
