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8800 Compton Avenue

Los Angeles, CA 90002

– beds
– baths
– sqft
6,047 sqft lot
1926 build
– on site

We are pleased to present 8800 Compton Ave, a rare FULLY VACANT property in Los Angeles consisting of 2 one-bedroom units + 1 commercial structure that is primed for an ADU conversion into 2 additional units with the potential to operate at a 10%+ CAP rate. Built in 1926, this opportunity consists of two separate structures totaling 1,864 rentable square feet that is situated on a 6,047 square foot, LCC3 zoned corner lot, with street frontage off of Compton Ave & E 88th St as well as with alley access. The unit mix consists of 2 one-bedroom units located in front duplex with a rear commercial building that was previously used as a church. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property, and either re-rent the commercial unit to a new user or add density by converting the structure to 2 ADUs with 2 one-bedroom units, while ultimately providing flexibility for determining unit rehab finishes and new tenant selection to stabilize the property at market rents. 8800 Compton Ave is situated in a transit-oriented location near numerous bus stops and the Firestone Light Rail Station, as well as a number of community establishments such as Raul’s Market, Mercardo Don Juan, Rudy’s Baker, Nadeau Café, Playa Azul Tortilleria and Market, Birrieria Jalisco and Norteno Bar and Grill.

Listed By CRMLS_CA / Vincent Cook / Kidder Mathews of California, Inc / 310-405-3654

Last checked: Checking… • Last updated Nov 4, 2024 •

MLS# SB24218634 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1926
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Roof:

Shingle
Entry Level:

1
Accessibility Features:

Other
Common Walls:

1 Common Wall
Building Area Total:

1864.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

1
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Levels:

One
Entry Location:

First Level
Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

Head East on Firestone Blvd, South on Compton Ave, East on E 88th St.
Latitude:

33.95715000
Longitude:

-118.24699900

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LCC3*
Lot Features:

2-5 Units/Acre
Lot Size Area:

6047.0000
Lot Size Acres:

0.1388
Lot Size SqFt:

6047.00
Lot Size Source:

Assessor
View:

None
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5351.02
Tax Tract:

535...
Tax Lot:

126

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6044004001

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Available, Natural Gas Available, Sewer Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

The Community

Senior Community:

No
Features:

Urban
Pool:

None
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Uncovered

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/4/24 Nov 4, 2024	Price Changed	CRMLS_CA	$749,000	-4.6%
10/22/24 Oct 22, 2024	Listed / Active	CRMLS_CA	$785,000

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This multifamily located in South LA, Florence-Graham, CA 90002 is currently for sale for $749,000. 8800 Compton Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 33 days. 8800 Compton Avenue is in the South LA neighborhood of Florence-Graham and has a WalkScore® of 63, making it somewhat walkable. This multifamily is in the attendance area of Judith F Baca Arts Academy, Mervyn M Dymally Senior High, and Charles Drew Middle School.

Listing Courtesy of: CRMLS_CA and Kidder Mathews of California, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 23:55 on Nov 23.

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.