4014 Alondra Blvd Compton, CA 90221-4606
- Apartment buildings
- 4,045 SF
- 0.13 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 4014 Alondra Blvd
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 4,045 SF
- Zone code
- LCC2YY
- Property type
- Apartment buildings
- APN
- 7301-014-005
- APU
- 7301014005
Description
This exceptional six-unit multifamily property, situated at 4014 Alondra Boulevard in Compton, California, presents a compelling investment opportunity. Boasting a total of 4,045 square feet of living space on a 0.13-acre lot (5,832 square feet), this two-story building, constructed in 1960, offers a blend of comfort and profitability. The property comprises a mix of unit sizes: two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units. Each unit is equipped with its own individual gas and electric meters, simplifying utility management and potentially maximizing rental income. Ample assigned parking is available for all residents. The property's prime location in the Rancho Dominguez area of Compton offers convenient access to major transportation arteries, including the 710 Freeway, and public transportation. Nearby amenities include Kelly Elementary School, Dominguez High School, Christian New Life Academy, East Rancho Dominguez Park, and a variety of grocery stores, restaurants, and retail establishments. This property is ideally positioned for investors seeking strong rental returns in a growing area of Compton. The location is on the county side, not the city side. This well-maintained property is priced at $1,250,000 and represents a rare chance to acquire a substantial multifamily investment in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $305,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $265,000
- Mixed-Use
- $280,000
- Hospitality
- $325,000
- Educational
- $340,000
- Residential Income
- $270,000
- Energy
- $300,000
- Income-Based Land
- $285,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.199
- Latitude
- 33.8884
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
