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15319 S White Avenue

Compton, CA 90221

– beds
– baths
– sqft
~1/2 acre lot
1959 build
– on site

More homes

We are pleased to present 15319 S White Ave, an 18 unit apartment building located in unincorporated Compton to market. S White Ave consists of 15 (2) bed/1 bath units, (2) Studios, and (1) 1 bed/1 bath unit. A shared laundry room is located on site. The property is separately metered for electric and gas. There is currently a large 600 square foot (approximately) storage room that is located on the bottom front floor of the building that could be converted into an ADU (buyer to verify). The property is being offered at a current cap rate of 4.03% and a GRM of 11.67 with substantial upside - pro forma NOI is 140% higher than it is currently. Offered at $150,000 per unit and $196 per square foot, S White Ave offers an opportunity for an experienced investor to invest with a low going in basis and tap into substantial upside with a pro-forma cap rate of 9.67%. PLEASE NOTE PROPERTY IS LOCATED IN UNINCORPERATED LOS ANGELES COUNTY AND IS SUBJECT TO LA COUNTY RSO RULES.

Listed By CRMLS_CA / Jackson Jorgensen / Younglewin Advisors, Inc. / jack@younglewin.com

Last checked: Checking… • Last updated Jun 13, 2024 •

MLS# PW24053041 —

The Building

Year Built:

1959
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

13913.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

18
Stories Total:

2
# of Separate Gas Meters:

18
# of Separate Water Meters:

1
# of Separate Electric Meters:

18

Interior

Entry Location:

Front
Laundry:

Community
Laundry:

1

Location

Directions:

South of Compton Blvd

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LCR3YY
Lot Features:

Garden
Lot Size Area:

20220.0000
Lot Size Acres:

0.4642
Lot Size SqFt:

20220.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5421.05
Tax Tract:

2
Tax Lot:

4
Tax Rate:

1.18

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6180011017

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Urban
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

15.00
Garage Spaces:

15.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/13/24 Jun 13, 2024	Sold	CRMLS_CA	$2,200,000	-18.5%
4/8/24 Apr 8, 2024	Sold Subject To Contingencies	CRMLS_CA	$2,700,000
3/15/24 Mar 15, 2024	Listed / Active	CRMLS_CA	$2,700,000

Multifamily Sold on 6/13/2024

$2,200,000

Listing provided by broker:

Jackson Jorgensen

Younglewin Advisors, Inc.

jack@younglewin.com

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Listing Courtesy of: CRMLS_CA and Younglewin Advisors, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 14:03 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

15319 S White Avenue

Compton, CA 90221