Description
15615 S White Ave,
Compton,
CA
90221
15613-17 S. White Ave. is a six-unit value-add opportunity, located in an area of Unincorporated LA County, and offered at $183,167 per unit, $216 per foot, 5.65% current CAP, and 10.83 current GRM. With approx. 70% rental upside, the property will stabilize at an 11.98% market CAP & 6.35 market GRM at projected market rents (based on renovated units). Situated on a 20,170 SF lot with plenty of parking spaces (mix of one-car garages, covered, and surface spaces), 15613-17 S. White presents an opportunity to add one or two ADUs (buyer to verify). The property is comprised of four structures featuring (6) 2-bdrm. units averaging approx. 850 SF. Several units feature private front yards.
This is an Pending listing.
Broker Office Phone Number: 310-230-5478
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Compass via Data Source: TheMLSCLAW
Price History
| date | price | variance | type |
|---|
| 4/16/2024 | $1,099,000 | - | off market |
| 2/6/2024 | $1,099,000 | - | Contract |
| 1/9/2024 | $1,099,000 | - | Listed |
