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31481130
31481131

4244 E Compton Blvd, Compton, CA 90221 For Sale

DC
CA CA 01941403
Marcus & Millichap - Inland Empire
DM
CA 01155706
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire
$1,500,000
110 days on market
Updated 65 days ago
Opportunity zone

4244 East Compton Boulevard

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,236
Units 9
Price per SqFt $354
Year Built 1948
Buildings 5
Stories 1
Lot Size (SqFt) 11,051

Multifamily | 9 Units | Seller FInancing

Marketing description

Marcus & Millichap is pleased to exclusively present the opportunity to acquire a multifamily investment property located at 4244 East Compton Boulevard in unincorporated Los Angeles County, a dense infill supported by a large and stable workforce population. Originally constructed in 1948, the building area is 4,236 square feet and situated on a 11,051 square foot parcel. There is rent control in unincorporated Los Angeles County (buyer to verify).

The asset features a functional unit mix of nine total apartments, including seven one-bedroom/one-bathroom units and two studio units, which is well-suited to meet the area’s demand for attainable workforce housing. Each unit is individually metered for gas and electricity and provides onsite open space parking. Recent capital improvements include a new roofs and plumbing, enhancing the overall condition of the asset. Notably, the offering includes seller financing with a 30% down payment, payable at 5% interest only, due in five years, providing investors with favorable leverage, increased cash flow and a compelling alternative to conventional financing.

Compton continues to emerge as a compelling multifamily investment market within Los Angeles County, benefiting from its centralized location and accessibility to major employment centers. The city is strategically positioned near key transportation corridors including Interstate 710, State Route 91, and Interstate 105, providing direct connectivity to the Ports of Los Angeles and Long Beach, as well as surrounding industrial, logistics, and distribution hubs that drive local employment. The immediate area offers a wide range of neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting a highly functional day-today living environment for residents. Additionally, access to public transportation and major arterial corridors further enhances the location’s appeal for a commuter based tenant base.

Situated along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, the property benefits from excellent visibility and proximity to essential services. The combination of location, durable workforce housing demand, and recent capital improvements positions the asset for stable cash flow and long-term appreciation within one of Southern California’s most supply-constrained rental markets.

Investment highlights

  • Seller Financing with a 30% Down Payment at 5% Interest Only
  • 11.04% Cash on Cash Return
  • Individually Metered for Gas & Electricity
  • Recent Capital Improvements: New Roofs & Plumbing
  • Access to Ports of Los Angeles & Long Beach Employment Hubs
  • Population of 777,601 within a Five Mile Radius
  • Located in Unincorporated Los Angeles County

Listing Contacts

DC
CA CA 01941403
Marcus & Millichap - Inland Empire
DM
CA 01155706
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire

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Additional Information

Name
David Covarrubias
License
CA 01941403
Brokerage Phone
9094567035
Name
Douglas McCauley
License
01155706
Brokerage Address
3281 East Guasti Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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