6-Unit Apartment
For Sale
$1,358,888
4623 E Compton, Compton, CA 90221
Apartment units include detached garages with access to shopping, dining, transportation, and major freeways.
Property Size3,656 SF
Days on Market52
Property Features for 4623 E Compton
General Information
Standard status
Active
Size
3,656 SF
Total Parking Spaces
6
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Building Details
Building Size
3,656 SF
Year Built
1959
Units
6
Listing Agency:
Prudential 24 Hours Real Estate
Listed By:
Miguel Franco · License #01442651
(310) 592-0602
Source:
Elliman
Added: Sep 15
Changed: Nov 1
Last Checked: Nov 4 at 2:02PM
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 Prudential 24 Hours Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment property contains 6 one-bedroom, one-bath units, with a detached one-car garage assigned to each residence. The building was constructed in 1959, offering a straightforward multifamily configuration with separate garage parking for all units.
Located in Compton, California, the property is near shopping, dining, transportation, and major freeways. WalkScore is 63, BikeScore is 67, and TransitScore is 41, reflecting a somewhat walkable setting with bike access and some available transit service.
Located in Compton, California, the property is near shopping, dining, transportation, and major freeways. WalkScore is 63, BikeScore is 67, and TransitScore is 41, reflecting a somewhat walkable setting with bike access and some available transit service.
Key Highlights
- 6‑unit apartment building in Compton, CA
- Six 1‑bedroom, 1‑bath apartment units
- Detached 1‑car garage assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,828
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,176,560
$1.2M
Cap Rate 7%
$840,400
$840.4K
Cap Rate 9%
$653,644
$653.6K
Market Conditions
NOI Build-Up for 3,656 SF
Gross rent
$116.3K $31.80/SF
− Vacancy
−$9.3K −$2.54/SF
EGI
$107.0K $29.26/SF
− OpEx
−$48.1K −$13.17/SF
NOI
$58.8K $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%
$1,176,560
Cap Rate 7%
$840,400
Cap Rate 9%
$653,644
Alternative Uses
Best Use
Apartment 5plus
$840.4K
$735.4K – $980.5K
NOI $58,828 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,019 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
850
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
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment units include detached garages with access to shopping, dining, transportation, and major freeways.
Where is this apartment building located?
The property is located at 4623 E Compton Compton, CA.
What is the asking price?
The asking price for this property is $1,358,888.
What are key features of this property?
This property features: 6‑unit apartment building in Compton, CA; Six 1‑bedroom, 1‑bath apartment units; Detached 1‑car garage assigned to each unit
