2201 E Compton Boulevard
Compton, CA 90221
- – beds
- – baths
- – sqft
- 11,300 sqft lot
- 1963 build
- – on site
We are pleased to offer 2201 E Compton Blvd, a 15-unit multifamily property in the city of Compton, CA. This two-story, secured, and gated courtyard-style building offers a strong unit mix, comprised of fourteen (14) one-bedroom/one-bath units and one (1) two-bedroom/one-bath units. Built in 1963, the property boasts 10,209 rentable square feet on an 11,297 square foot lot with 14 single-car garages for tenant convenience. Additionally, the property falls under AB-1482, California's statewide rent control, allowing annual increases of 5% plus CPI. Currently, the property operates with no subsidized tenants and offers 25% rental upside potential without the need for any subsidy programs. However, additional upside can be realized by tapping into subsidies like the Housing Choice Voucher (HCV) Program, with maximum voucher amounts reaching $1,921 for 1-bedroom units and $2,222 for 2-bedroom units, while ensuring smooth rent collection. Whether you choose to maintain the property's current operations or tap into subsidy programs to maximize returns while streamlining rent collection, this asset presents an opportunity to acquire a well position property in one of Compton's most densely populated areas with significant upside and long-term growth.
Last checked:
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Last updated Nov 20, 2024
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MLS# 24460525 —
The Building
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Year Built:1963
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New Construction:No
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Building Area Total:10209.00
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Total Number Of Units:15
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
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Laundry:None
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Laundry:1
Location
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Directions:See Google Maps
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Latitude:33.89636000
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Longitude:-118.19933300
The Property
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Property Type:Residential Income
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Zoning:CORL*
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Lot Size Area:11300.0000
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Lot Size Acres:0.2594
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Lot Size SqFt:11300.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6183018029
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Garage - Single Door
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Parking Spaces:14.00
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Garage Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/12/24
Nov 12, 2024
|
Listed / Active | CRMLS_CA | $2,500,000 |
