701 Willowbrook Ave Compton, CA 90220-3747
This exceptional 6-unit apartment building in Compton, CA, presents a compelling value-add investment opportunity. The property, built in 1957 and situated on a 7,887 sq ft lot, features a mix of 1, 2, and 3-bedroom units, each with spacious floor plans and washer/dryer hookups. Recently renovated inside and out, the building boasts a 100% occupancy rate, generating a current NOI of $99,008 and a 6.60% cap rate. However, significant rental upside exists, with a pro-forma NOI projected at $128,216 and a pro-forma cap rate of 8.55%. The property's 4,550 square feet are priced at $329.67 per square foot, and the asking price is $1,500,000 ($250,000 per unit). Located in a non-rent-controlled area, this fee-simple ownership offers a strong potential for maximizing returns. Private garages are included. The property is a two-story building with excellent potential for a savvy investor seeking a low-rise opportunity in a prime location. APN: 6160-008-021. This offering is suitable for a 1031 exchange.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CORH* · Compton, CACompton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.