$1475000 Price Analysis   ♡   Los Angeles, CA 90001 7 bed 5 bath 6700 SqFt ($220/SqFt) 6608SqFt lot. Built 1929 Listed 2024-06-03, Taxes $14961 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
$175
000 price reduction from original listed price 6101 Compton is a 9-unit mixed-use property, located 1.5 miles from Plaza la Alameda, that is offered at a 8.01% CAP and 8.29 GRM on current rents. Built in 1929, this value-add opportunity features a 9-unit mixed-use property comprised of (1) 3-bdrm. unit, (1) 2-bdrm. unit, (2) 1-bdrm. units, a studio unit and 4 ground-floor commercial spaces. Please note, there are 3 VACANT UNITS - (1) 1-bdrm. ADU unit and 2 commercial units.
The property currently generates approx. $14, 873 in monthly gross income. 6101 Compton is offered at $163, 8890 per unit and $2220 per foot. This mixed-use property is 1.5 miles from Plaza La Alameda, a community center (opened in 2008) that is home to 220, 000 SF of retail space and 18, 000 SF of office space. Notable tenants include CVS Pharmacy, Petco, Ross, Marshalls, Dollar Tree, Big 5, Bank of America and more. In addition, the property is 1.5 miles from the heart of Pacific Blvd - the cmmercial hub of Huntington Park. 6101 Compton can be purchased individually or as part of a 5-property South LA portfolio - please contact LA1 for more info.
Presented by Max Berger at
COMPASS.
Property MLS #24-399327 from TheMLSCLAW
Full Bathrooms: 5
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6608
Parking Total: 4
Calculated Total Monthly Association Fees: 0
Number of Units: 9
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3000, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2400, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 4000, 4 BathsTotal: 1, 4 SquareFeet: 1700, 5 SquareFeet: 5800
County: Los Angeles
Cross Street: E. Gage Ave. & Compton Blvd.
Cap Rate: 8.01
Directions: Located 2 blocks north of E. Gage Ave & Compton Blvd, the subject property is 1.5 miles from Plaza la Alameda and the heart of Huntington Park.
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 6008-029-001
Postal Code Plus 4: 1313
Zoning: LCM1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $589710 + $482490 $1072200 | $14961 |
| 2021 | $578148 + $473030 $1051178 | $14650 |
| 2020 | $572220 + $468180 $1040400 | $14753 |
| 2019 | $561000 + $459000 $1020000 | $14211 |
| 2018 | $550000 + $450000 $1000000 | $13970 |
| 2017 | $430752 + $138994 $569746 | $8941 |
| 2016 | $422306 + $136269 $558575 | $8628 |
| 2015 | $415963 + $134223 $550186 | $8506 |
| 2014 | $416381 + $226523 $642904 | $9723 |
| 2013 | $103591 + $158506 $262097 | $5167 |
| 2012 | $101560 + $155399 $256959 | $5179 |
| 2010 | $99569 + $152352 $251921 | $5034 |
| 2009 | $99060 + $151574 $250634 | $4857 |
| 2009 | $98825 + $151214 $250039 | $4857 |
| 2008 | $97118 + $148602 $245720 | $4665 |
| 2007 | $95214 + $145689 $240903 | $4488 |
$1475000
TheMLSCLAW
Price Changed 2024-06-24
$1575000
TheMLSCLAW
Listed 2024-06-03
$1650000
TheMLSCLAW
Listing removed 2017-11-21
$1025000
TheMLSCLAW
Sold 2017-11-20
$1000000
TheMLSCLAW
Listed 2017-11-01
$1025000
TheMLSCLAW
Listing removed 2013-12-17
$725000
TheMLSCLAW
Listed 2013-06-14
$725000
TheMLSCLAW
Year Built: 1929
Common Walls: Attached
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 95
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.