Search
Duplex with In-Unit Laundry
For Sale
$550,000

315 E Elm St, Compton, CA 90221

Both residences are tenant-occupied and include in-unit laundry, with a detached garage and backyard on the property.

Property Size1,943 SF
Price / SF$283.07
Days on Market10

Property Features for 315 E Elm St

General Information

Standard status Active
Size 1,943 SF
Total Parking Spaces 2
Property subtype Residential Income

Financials

Cap Rate 4.21%
Gross Income $37,800
Gross Rent Multiplier 14.6

Additional Details

Multifamily Units 2

Amenities

in-unit laundry
backyard

Building Details

Year Built 1947
Listing Agency: Real Broker
Listed By: Melissa Urena · License #01900591
Source: Propertyinpalmsprings
Added: Sep 29 Changed: Oct 7 Last Checked: Oct 7 at 2:51PM

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 Real Broker

Investment Insights

Based on property information with market context.

This 1,943-square-foot duplex, built in 1947, has two tenant-occupied residences, each with in-unit laundry. Unit 315 includes a den, wood-laminate flooring, newer kitchen cabinets, and quartz countertops. A detached two-car garage and backyard are also part of the property.

The property is in Compton. Reported operating metrics include a 4.21% cap rate and a 14.6 GRM.

Key Highlights

  • Two tenant‑occupied residences, each with in‑unit laundry
  • 1,943 square feet; built in 1947
  • Unit 315 has a den, wood‑laminate flooring, newer kitchen cabinets, and quartz countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,932
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,640 $678.6K
Cap Rate 7%
$484,743 $484.7K
Cap Rate 9%
$377,022 $377.0K
Market Conditions
NOI Build-Up for 1,943 SF
Gross rent
$52.5K $27.00/SF
− Vacancy
−$4.0K −$2.05/SF
EGI
$48.5K $24.95/SF
− OpEx
−$14.5K −$7.48/SF
NOI
$33.9K $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 Rate 5%
$678,640
Cap Rate 7%
$484,743
Cap Rate 9%
$377,022

Alternative Uses

Best Use
Multifamily LT 5
$484.7K
$424.2K – $565.5K (±1% cap)
NOI $33,932 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$446.6K
$390.8K – $521.1K (±1% cap)
NOI $31,264 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$1.04M
$910.2K – $1.21M (±1% cap)
NOI $72,819 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,251
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are tenant-occupied and include in-unit laundry, with a detached garage and backyard on the property.
Where is this duplex located?
The property is located at 315 E Elm St Compton, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two tenant‑occupied residences, each with in‑unit laundry; 1,943 square feet; built in 1947; Unit 315 has a den, wood‑laminate flooring, newer kitchen cabinets, and quartz countertops
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again