9538 Compton Avenue,Los Angeles, CA 90002
Los Angeles, CA 90002
Description
Exceptional four-unit investment opportunity in Los Angeles offering immediate income and strong rental upside. The property features an attractive unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for maximizing rental demand and long-term appreciation. Unit 9538 is a fully renovated 2-bedroom, 1-bath unit with dedicated parking. Unit 9542 is the second 2-bedroom unit, in solid condition, providing additional lease-up flexibility and strong income upside. Unit 9542 1/2 is a 1-bedroom, 1-bath unit has been fully renovated and is currently leased at market rent, offering stabilized income. Unit 9540, the remaining 1-bedroom unit is occupied by a long-term legacy tenant of over 10 years at below-market rent, presenting clear future rental growth potential. This asset presents multiple investment strategies: Renovate and reposition units to maximize returns Long-term hold with rent growth and appreciation With renovated interiors, a desirable bedroom mix, parking, this is a rare opportunity to acquire a flexible, income-producing property with both immediate revenue and value-add upside in a strong Los Angeles rental market. Excellent opportunity for investors, 1031 exchange buyers, or house hackers seeking both cash flow and long-term equity growth.
Details
| MLS # | IG26205856 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 20 |
| Listing Provided By | Fiv Realty Co. | Francisco Zepeda |
Features
| SQ Feet | 1,780 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.08 |
| Property View | None |
Interior
| Cooling | Wall Window Units, Attic Fan |
|---|---|
| Heating | Gravity, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, Granite Counters, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Solid Surface Counters, Unfurnished, Wired For Data, All Bedrooms Down, Bedroom On Main Level, Main Level Primary |
| Window Features | Blinds, Double Pane Windows, Energy Star Qualified Windows, Insulated Windows, Screens |
| Appliances | Energy Star Qualified Appliances, Energy Star Qualified Water Heater, Electric Range, Free Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting, Rain Gutters |
|---|---|
| Roof | Asphalt, Common Roof, Flat, Fire Proof, Rolled Hot Mop |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Firewalls, Smoke Detectors |
| Construction Materials | Drywall, Ducts Professionally Air Sealed, Plaster, Radiant Barrier, Stucco, Tva Insulation Package |
| Foundation Details | Concrete Perimeter, Pillar Post Pier, Raised, Slab |
| Lot Features | Two To Five Units Acre, Back Yard, Corners Marked, Front Yard, Level, No Landscaping, Near Park, Near Public Transit, Paved, Rectangular Lot, Sprinklers None, Street Level, Value In Land, Walkstreet, Yard |
| Fencing | Average Condition, Block, Chain Link, Fair Condition, Good Condition, Masonry, Security, Wrought Iron |
Parking
| Parking Features | Assigned, Asphalt, Controlled Entrance, Concrete, Driveway Level, Driveway, Electric Gate, Gated, On Site, Off Street, Paved, Private, One Space, Shared Driveway, On Street, Uncovered |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Overhead Utilities |
|---|---|
| Electric | Electricity On Bond, Electricity On Property, Standard, Volts220 |
| Sewer | Public Sewer |
Location
| Community Features | Biking, Curbs, Storm Drains, Street Lights, Suburban, Sidewalks, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | WATT Watts |
| Listing VS Median (in 90002) | |
Price: $769,000 low | high Med: $869,000 sqft: 1,780 low | high Med: 2,706 $ / sqft: $432 low | high Med: $328 On site: 20 low | high Med: 23 | |
Market Activity 90002
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | WATT Watts |
| Listing VS Median (in 90002) | |
Price: $769,000 low | high Med: $869,000 sqft: 1,780 low | high Med: 2,706 $ / sqft: $432 low | high Med: $328 On site: 20 low | high Med: 23 | |