123 West Alondra Boulevard Compton, CA $ 1,240,000
123 West Alondra Boulevard
$ 1,240,000
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123 West Alondra Boulevard

Compton, CA, 90220
$ 1,240,000
Baths0.0 Sq 4,152

Monthly Estimate*

$ 8,662

123 West Alondra Boulevard, Compton, CA 90220 - Image 1
123 West Alondra Boulevard, Compton, CA 90220 - Image 2
123 West Alondra Boulevard, Compton, CA 90220 - Image 3
123 West Alondra Boulevard, Compton, CA 90220 - Image 4
123 West Alondra Boulevard, Compton, CA 90220 - Image 5
Studio

Multi-Family Home for sale in Compton, CA

for $1,240,000. This 4,152 square foot home was built in 1928 on a lot size of 0.15.

We are pleased to offer for sale a six-unit apartment community located at 123 West Alondra Boulevard. The subject property is located on Alondra Boulevard, just west of the Alameda Street intersection within the dense Compton submarket.123 West Alondra is centrally situated for easy access to Compton's essential services. With close proximity to major highways and public transportation, commuting is convenient, offering the perfect balance between city life and tranquility. Situated on a 6,453 square foot parcel, the property is comprised of one-bedroom, two-bedroom & three-bed room units. There is more than 25% rental upside through interior renovations. One unit will be delivered vacant allowing new ownership to immediately renovate and achieve e a market rental rate. The property is being offered at an attractive basis with a 7.05% cap rate on current income. The continued gentrification of the surrounding area along with the remaining value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 123 West Alondra Boulevard an excellent acquisition opportunity.

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Multi-Family Contingent

Price

$ 1,240,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1928

Town/City

Compton

County/Region

Los Angeles

MLS | Web ID

0023337373

Features
General
Zoning COCL*
Year Built 1928
Levels Multi/Split Two
County Los Angeles
Net Operating Income 87481.0
New Construction No
Property Type C
HOA / Comm Assn No
Contingency Active Under Contract
Status Active Under Contract
City Compton
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area RP - Compton S Rosecrans E Central W Alameda
Lot Size Square Feet 6455.0
Street Name Alondra
Standard Status Active Under Contract
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Parking Features Gated
Lot Size Area 6455.0
Building Area Total 4152.0
Lot Size Acres 0.15
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Street Suffix Boulevard
Total Baths 0
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* Excluded Features
List By
Sean Rosenzweig

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$8,662
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,662
Monthly Property Taxes
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$1,240,000 -9.16% Price Down
12/6/2023$1,365,000 Listed Price

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123 West Alondra Boulevard, Compton, CA, 90220 is a Multi-Family Home for sale at $1,240,000 with 4,152 sqft and a lot size of 0.15. 123 West Alondra Boulevard is a studio with 0.0 baths and was built in 1928. The property's zip code is 90220 which is in Compton, CA