14719 S White Ave - Apartments FOR SALE


Compton, CA 90221- Downtown Compton
$1,988,888 USD
310-259-7556
14719 S White Ave, Compton, CA for Sale
$1,988,888 USD
Apartments - FOR SALE
1/16
null | 6.63% Cap Rate

14719 S White Ave
Compton, CA 90221
Downtown Compton


HIGHLIGHTS

  • Strong in place financials 6.63% CAP and 9.69 GRM
  • Ideal unit mix of (4) 2+1 and (5) 1+1
  • 9 parking garages + Additional 2 driveways that can fit another dozen cars

OVERVIEW

Ideal unit mix of 2’s and 1’s, an incredible oversized 11,367 sq ft lot, sub-10 GRM, and quiet street location. There’s a lot to love on this S White Ave property, located in unincorporated LA County. There is a tremendous amount of value-add potential on this asset. A savvy investor may be able to add 8 detached ADUs, as well as 2 attached ADUs in the over-parked garage area. The asset has 9 parking garages along with a very long driveway to accommodate substantial on-site parking. With an in-place cap rate of 6.63%, long-term stabilized upside up to a 9% cap rate on the current units, and north of a 12% cap rate with added ADUs, this White Ave property checks all the boxes.

FOR SALE DETAILS

PRICE

$1,988,888 USD

PRICE/SF

$303 USD /SF

# OF UNITS

9

PRICE/UNIT

$220,988

CAP RATE

6.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,369 SF

ZONING

R1YYLC

APN/PARCEL ID

6195-017-022

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.