Listed by CBM1 West Los Angeles
$1,680,000
Compton Cottages
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,500
Units 8
Cap Rate 8.77%
NOI $147,341
Price per SqFt $224
Year Built 1942
Year Renovated 2018
Buildings 1
Stories 1
Multifamily | 8 Units | $210,000/unit
Marketing description
Eight-unit income-restricted one-story garden-style apartment building built in 1942 (renovated in 2018). The building includes a mix of bachelor and one-bedroom unit types. Tenants qualify based on income restrictions outlined in a Master Rent Subsidy Agreement dated February 1, 2018 between Wigro2 LLC and Brilliant Corners (BC). This agreement was facilitated through the FHSP (Flexible Housing Subsidy Pool) program, which is funded, in part, by the County of Los Angeles and the DHS (Department Health Services).
Listing Contacts
Listed by CBM1 West Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,341.00
$12,278.42/mo
Valuation Metrics
0
DSCR
8.77%
Cap Rate
8.77%
ROI
Map
Zoning
MU-2 MixedMixed UseMixed Use 2
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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