Five-Unit Apartment
For Sale
$1,000,000
9021 Compton Ave, Los Angeles, CA 90002
Gated two-story property with renovated units, covered parking, individual water meters, and convenient Metro A Line access.
Property Size3,911 SF
Lot Size0.16 Acres
Price / SF$217.39
Days on Market12
Property Features for 9021 Compton Ave
General Information
Standard status
Active
Size
3,911 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Occupancy
100%
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA, 2 x 3BR/2BA, 2 x 4BR/2BA
Multifamily Units
5
Additional Details
Cap Rate
6.19%
Amenities
gated
covered parking
individual water meters
Priced Below Replacement Cost
Approximately 56% Rental Upside
Major Capital Improvements Completed
Individually Metered for Water, Gas, and Electricity
Covered Carport Spaces + Open Air Parking
Potential ADU Conversion (Buyer to Verify)
Building Details
Building Size
3,911 SF
Year Built
1959
Buildings
1
Stories
2
Units
5
Listing Agency:
Encino Office
(818) 212-2694
Listed By:
Sev Keshishian · License #License(s): CA: 01887505
(818) 212-2694
Source:
Marcusmillichap
Added: Aug 20
Changed: Aug 30
Last Checked: Aug 30 at 1:12PM
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 Encino Office
Investment Insights
Based on property information with market context.
This two-story apartment property was built in 1959 and contains five legally configured units on a 7,028-square-foot lot. The unit mix includes one 1-bedroom/1-bathroom residence, two 3-bedroom/2-bathroom residences, and two 4-bedroom/2-bathroom residences. Completed improvements include a new roof, electrical subpanel, copper wiring, copper water lines serving each unit, exterior paint, and renovations to two units.
The site is secured with front and rear gates and has alley access to the main parking area. Parking includes four covered carport spaces along with several open spaces. Individual water meters serve all five units, and two residences currently bill water directly to tenants. The property is four blocks south of Firestone Boulevard, one block west of Alameda Street, and one block from the Metro A Line. The reported cap rate is 6.19%.
The site is secured with front and rear gates and has alley access to the main parking area. Parking includes four covered carport spaces along with several open spaces. Individual water meters serve all five units, and two residences currently bill water directly to tenants. The property is four blocks south of Firestone Boulevard, one block west of Alameda Street, and one block from the Metro A Line. The reported cap rate is 6.19%.
Key Highlights
- Five‑unit apartment property on a 7,028‑square‑foot lot
- Unit mix includes 1 one‑bedroom, 2 three‑bedroom, and 2 four‑bedroom units
- Capital improvements include a new roof, copper wiring, copper water piping, and exterior paint
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
Explore this area
Business Placement
Demographics for 90002, CA
53,150
Population
13,808
Households
3.8
Avg Household Size
30
Median Age
8%
College-Educated
53%
High-School Grad
3.0 sq mi
ZIP Area
17,717
Density / Sq Mi
$56,158
Median Household Income
$29,680
Median Earnings
$1,509
Median Rent
$502,600
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?
Apartment building - Gated two-story property with renovated units, covered parking, individual water meters, and convenient Metro A Line access.
Where is this apartment building located?
The property is located at 9021 Compton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Five‑unit apartment property on a 7,028‑square‑foot lot; Unit mix includes 1 one‑bedroom, 2 three‑bedroom, and 2 four‑bedroom units; Capital improvements include a new roof, copper wiring, copper water piping, and exterior paint
