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15319 S White Avenue Compton, CA $ 2,700,000
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$ 2,700,000 Get more info
15319 S White Avenue
$ 2,700,000
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15319 S White Avenue

Compton, CA, 90221
$ 2,700,000
Bedrooms30 Baths1.0 Sq 13,913

Monthly Estimate*

$ 18,860

Listed by Younglewin Advisors, Inc.
15319 S White Avenue, Compton, CA 90221 - Image 1
15319 S White Avenue, Compton, CA 90221 - Image 2
15319 S White Avenue, Compton, CA 90221 - Image 3
15319 S White Avenue, Compton, CA 90221 - Image 4
15319 S White Avenue, Compton, CA 90221 - Image 5

Multi-Family Home for sale in Compton, CA

for $2,700,000 with 30 bedrooms and 1 full bath. This 13,913 square foot home was built in 1959 on a lot size of 0.4642.

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.

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Multi-Family Active

Price

$ 2,700,000

Bedrooms

30

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.4642

Year Built

1959

Town/City

Compton

County/Region

Los Angeles

MLS | Web ID

PW24053041

Days on Market

67
Features
General
Sewer PublicSewer
Zoning LCR3YY
Garage Spaces 15.0
Pool Features None
Year Built 1959
Tenant Pays Electricity Gas
Property SubType Apartment
Gross Income 231296.0
Community Features Urban
County Los Angeles
Net Operating Income 108886.0
Operating Expense 123568.0
Insurance Expense 13000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions South of Compton Blvd
City Compton
Entry Location Front
View Y/N N
Senior Community Y/N N
Total Units 18
MLS Area RN - Compton N of Rosecrans E of Central
Lot Size Square Feet 20220.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name White
Listing Terms Conventional
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1000.0
Home Warranty Y/N N
Fuel Expense 1000.0
Trash Expense 3000.0
Water Sewer Expense 16000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 67
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Apartment
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Exterior
Lot Features Garden
Water Source Public
Total Parking 15.0
Lot Size Area 20220.0
Number of Buildings 2
Spa N
Building Area Total 13913.0
Lot Size Acres 0.4642
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 18
Number of Separate Electric Meters 18
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 15319
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* Excluded Features
List By
Younglewin Advisors, Inc.

Broker

(626) 399-2415

Phone

Affordability Calculator

$18,860
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,860
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/16/2024$2,700,000 Listed Price

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15319 S White Avenue, Compton, CA, 90221 is a Multi-Family Home for sale at $2,700,000 with 13,913 sqft and a lot size of 0.4642. 15319 S White Avenue has 30 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 90221 which is in Compton, CA

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