Los Angeles, CA 90001,6101 Compton Ave
Los Angeles, CA 90001,6101 Compton Ave
Los Angeles, CA 90001,6101 Compton Ave
10
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$1,650,000
Est. payment /mo
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7 Beds
10 Baths
6,700 SqFt
Active

6101 Compton Ave Los Angeles, CA 90001

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,700 sqft

Price per Sqft $246

MLS Listing ID 25551969

Bedrooms 7

Year Built 1929

Lot Size 6,606 Sqft

Acres 0.1517

Property Sub-Type Multi-Family

Property Description

We are pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave. The property consists of five residential units including a single, two 1+1's, a 2+1, and a 3+2; the three-bedroom is currently vacant; there are also five retail spaces on the ground floor that benefit from the foot and car traffic along Compton Ave; two of the retail spaces are currently vacant. Unique opportunity to purchase an asset with both residential and retail components; strong cash flow potential with a projected 7.33% CAP rate when the vacancies are rented and the building is stabilized. Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl's Jr, among others. Close proximity to retail and industrial employment hubs in the neighborhoods of South LA, Huntington Park, Vernon, and the Alameda corridor. Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LCM1*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap
agent
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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6101 Compton Ave