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$ 1,200,000
Est. payment | /mo
5 Beds
5 Baths
3,124 SqFt
$ 1,200,000
Est. payment | /mo
5 Beds
5 Baths
3,124 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,124 sqft
Price per Sqft $384
MLS Listing ID 26644475
Bedrooms 5
HOA Y/N No
Year Built 1962
Lot Size 4,883 Sqft
Property Description
4610 Compton Avenue presents an attractive multi-family investment opportunity in a steadily improving neighborhood with strong rental demand. The property is comprised of one (1) commercial/ retail unit & four (4) residential units, offering a manageable unit count and solid income profile. Per title records, the property reflects 5 bedrooms and 5 bathrooms. However, several units have been configured with additional, unpermitted bedrooms, resulting in a current functional layout of approximately 8 bedrooms and 5 bathrooms. Select units have been renovated over time as they became vacant, with interior improvements varying by unit, allowing for both in-place income and future value-add potential. The property is well-located in an up-and-coming area, within close proximity to shopping, dining, and public transportation, enhancing tenant appeal and long-term rental stability. Ongoing neighborhood improvements and development activity further support future appreciation. This asset is well-suited for investors seeking a value-add multifamily opportunity with upside through continued renovations, rent growth, and operational efficiencies. Buyer is advised to conduct their own independent due diligence regarding unit count, bedroom configuration, permits, zoning, square footage, income, and all other matters of material importance. Agents and sellers make no representations or warranties, express or implied, as to the accuracy or completeness of the information provided.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 5
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5106013027
Special Listing Condition Standard
Listed by Elanit Ellie Kohansedgh Coldwell Banker Realty #01464813
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