fbpx

$2,700,000
3 bed
3 bath
0 Sqft
20,220 Sqft lot

15319 S White Avenue, Compton, California 90221

  • Residential Income Property Type
  • 26 Days Time on market
  • 1959 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
PW24053041
$2,700,000
3
3
0 Sqft
1959
20,220 Sqft
Activeundercontract
Apartment
Houses
Features
: Urban
15
$0
: Public Sewer
Address
CA
Los Angeles
Compton
90221
15319 S White Avenue
15319
Avenue
0
W119° 48' 14.7''
N33° 53' 37.1''
S
Additional Information
26
1
2
: Common Area
15
13,913 Sqft
1
0 Sqft
0 Sqft
0.46 Sqft
20,220 Sqft
1
: 2+ Common Walls
0 Sqft
LCR3YY
6180011017
$0
$0
$0
$0
$11,570
$1,000
0 Sqft
1
0 Sqft
$0
1
08/04/2024 00:00:00
$0
: Standard
Conventional
South of Compton Blvd
Destrahan
Harry Hurst
Younglewin Advisors, Inc.
Jackson Jorgensen
PB20845
PWJORJAC
$0
47
1
: Garden
1
1
: Square Feet
: Community Apartment
1
2
18
18
1
18
4
231296
US-06037-N-6180011017-R-N
Apartment
16/03/2024 00:21:16
White
RN - Compton N of Rosecrans, E of Central
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$