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$1,400,000   Price Analysis
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6101 Compton Ave
Los Angeles, CA 90001
7 bed 5 bath 6,700 SqFt ($208/SqFt)
6,608SqFt lot. Built 1929
Listed 2024-06-03, Taxes $14,961
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

$250

000 price reduction from original listed price 6101 Cmpton is a 9-unit mixed-use property, located 1.5 miles from Plaza la Alameda, that is offered at a 8.44% CAP and 7.90 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 2 VACANT commercial units.

The property currently generates approx. $14, 759 in monthly gross income. 6101 Compton is offered at $155, 556 per unit and $209 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 commercial 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

Bedrooms: 7

Total Bathrooms: 5
Full Bathrooms: 5

Lot Size Acres: 0.1516988
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6608

Garage Description: Side By Side, Uncovered
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
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

Source Listing Status: Active
County: Los Angeles
Cross Street: E. Gage Ave. & Compton Blvd.
Cap Rate: 8.44
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

YearAssessments
Building + Land
Total
Tax
2022$589,710 + $482,490
$1,072,200
$14,961
2021$578,148 + $473,030
$1,051,178
$14,650
2020$572,220 + $468,180
$1,040,400
$14,753
2019$561,000 + $459,000
$1,020,000
$14,211
2018$550,000 + $450,000
$1,000,000
$13,970
2017$430,752 + $138,994
$569,746
$8,941
2016$422,306 + $136,269
$558,575
$8,628
2015$415,963 + $134,223
$550,186
$8,506
2014$416,381 + $226,523
$642,904
$9,723
2013$103,591 + $158,506
$262,097
$5,167
2012$101,560 + $155,399
$256,959
$5,179
2010$99,569 + $152,352
$251,921
$5,034
2009$99,060 + $151,574
$250,634
$4,857
2009$98,825 + $151,214
$250,039
$4,857
2008$97,118 + $148,602
$245,720
$4,665
2007$95,214 + $145,689
$240,903
$4,488

Price Changed 2024-07-29
$1,400,000
TheMLSCLAW
Price Changed 2024-07-10
$1,475,000
TheMLSCLAW
Price Changed 2024-06-24
$1,575,000
TheMLSCLAW
Listed 2024-06-03
$1,650,000
TheMLSCLAW
Listing removed 2017-11-21
$1,025,000
TheMLSCLAW
Sold 2017-11-20
$1,000,000
TheMLSCLAW
Listed 2017-11-01
$1,025,000
TheMLSCLAW
Listing removed 2013-12-17
$725,000
TheMLSCLAW
Listed 2013-06-14
$725,000
TheMLSCLAW

Net Operating Income: 118213

Total Square Feet Living: 6700
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

Thomas A. Edison Middle School is a public middle school located approximately 0.3 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 2.2 miles away.
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Dr. Lawrence H. Moore Math, Science, Technology Academy is a public elementary school located approximately 0.2 miles away.
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St. Odilia Elementary School is a private elementary and middle school located approximately 0.8 miles away.
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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.