Multifamily Apartment Building with 9
4244 E Compton Blvd Compton, CA 90221
4244 E Compton Blvd, Compton, CA, 90221
$1,500,000
For Sale
$1,500,000
Nine apartments (seven 1BR and two studios) with individual gas and electric metering and onsite parking.
Property Size4,236 SF
Lot Size0.25 Acres
Price / SF$354.11
Days on Market104
Property Features for 4244 E Compton Blvd
General Information
- Standard status
- Active
- Size
- 4,236 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multifamily
Listing agency
Marcus & Millichap - Inland Empire
(626) 695-6776
Listed by
Douglas McCauley · License #License(s): CA: 01155706
(626) 695-6776
Source
Marcusmillichap
Added: Apr 9 Updated: Jul 21 at 2:45AM Checked: Jul 21 at 2:57AM
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 Marcus & Millichap - Inland Empire
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to exclusively offer for sale a multifamily investment property at 4244 E Compton Blvd in unincorporated Los Angeles County. Originally constructed in 1948, the building area is 4,236 square feet on an 11,051 square foot parcel. The property includes nine total apartments: seven one-bedroom/one-bath units and two studio units. Each unit is individually metered for gas and electricity, and the property provides onsite open-space parking. Recent capital improvements include new roofs and plumbing. Rent control is in place for unincorporated Los Angeles County (buyer to verify).
The building is located along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, and it provides proximity to essential services. The surrounding area includes neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting practical day-to-day living.
The offering also includes seller financing with a 30% down payment, payable at 6% interest only, due in five years.
The building is located along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, and it provides proximity to essential services. The surrounding area includes neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting practical day-to-day living.
The offering also includes seller financing with a 30% down payment, payable at 6% interest only, due in five years.
Key Highlights
- Multifamily investment at 4244 East Compton Boulevard in unincorporated Los Angeles County
- Originally constructed in 1948; 4,236 SF building on an 11,051 SF parcel
- 9‑unit unit mix: seven 1 bed / 1 bath units and two studio units
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.7k | $31.80 |
| − Vacancy | −$10.8k | −$2.54 |
| EGI | $123.9k | $29.26 |
| − OpEx | −$55.8k | −$13.17 |
| NOI | $68.2k | $16.09 |
4,236 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$973.7K
$852.0K – $1.14M
NOI $68,161 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.27M
$1.98M – $2.65M
NOI $158,756 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Nine apartments (seven 1BR and two studios) with individual gas and electric metering and onsite parking.
Where is this apartment building located?
The property is located at 4244 E Compton Blvd Compton, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multifamily investment at 4244 East Compton Boulevard in unincorporated Los Angeles County; Originally constructed in 1948; 4,236 SF building on an 11,051 SF parcel; 9‑unit unit mix: seven 1 bed / 1 bath units and two studio units
