New Four-Unit Multifamily
For Sale
$1,950,000
213 E Raymond, Compton, CA 90220
Newly constructed fourplex features four spacious units with 4 beds, 4 baths, and private attached 2-car garages.
Property Size6,400 SF
Days on Market136
Property Features for 213 E Raymond
General Information
Standard status
Active
Size
6,400 SF
Total Parking Spaces
8
Property subtype
Investment
Additional Details
Multifamily Units
4
Building Details
Building Size
6,400 SF
Year Built
2026
Stories
2
Units
4
Tenancy
Multi
Listed By:
Fortino Santana
(562) 843-9828
Source:
Elliman
Added: Apr 24
Changed: Aug 25
Last Checked: Sep 5 at 8:25AM
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 Fortino Santana
Investment Insights
Based on property information with market context.
This brand-new fourplex offers four newly constructed residential units designed for modern living. Each unit provides a 4-bedroom, 4-bathroom layout, with the convenience of a private attached 2-car garage for residents. The property is presented as a turnkey income-focused multifamily investment.
Located at 213 E Raymond in Compton, the offering is positioned as an opportunity in an up-and-coming area.
Across the building, the consistent unit configuration and attached garage amenity support a practical, self-contained living setup for each household.
Located at 213 E Raymond in Compton, the offering is positioned as an opportunity in an up-and-coming area.
Across the building, the consistent unit configuration and attached garage amenity support a practical, self-contained living setup for each household.
Key Highlights
- Newly constructed 4‑unit multifamily property (fourplex) with modern unit layouts
- Each unit has 4 bedrooms and 4 bathrooms
- Each residence includes a private attached 2‑car garage
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
$111,767
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
5.73%
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%
$2,235,340
$2.2M
Cap Rate 7%
$1,596,671
$1.6M
Cap Rate 9%
$1,241,856
$1.2M
Market Conditions
NOI Build-Up for 6,400 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
$172.8K $27.00/SF
− Vacancy
−$13.1K −$2.05/SF
EGI
$159.7K $24.95/SF
− OpEx
−$47.9K −$7.48/SF
NOI
$111.8K $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%
$2,235,340
Cap Rate 7%
$1,596,671
Cap Rate 9%
$1,241,856
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.86M
NOI $111,767 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$1.47M
$1.29M – $1.72M
NOI $102,981 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $239,857 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 90220, CA
50,412
Population
14,067
Households
3.6
Avg Household Size
33
Median Age
13%
College-Educated
68%
High-School Grad
6.9 sq mi
ZIP Area
7,306
Density / Sq Mi
$77,535
Median Household Income
$36,074
Median Earnings
$1,557
Median Rent
$514,600
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?
Quadplex - Newly constructed fourplex features four spacious units with 4 beds, 4 baths, and private attached 2-car garages.
Where is this quadplex located?
The property is located at 213 E Raymond Compton, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Newly constructed 4‑unit multifamily property (fourplex) with modern unit layouts; Each unit has 4 bedrooms and 4 bathrooms; Each residence includes a private attached 2‑car garage
