9021 Compton Avenue, Los Angeles, CA 90002
Local realty services provided by:ERA North Orange County Real Estate
9021 Compton Avenue,Los Angeles, CA 90002
$1,000,000
- 15 Beds
- 9 Baths
- 3,911 sq. ft.
- Multi-family
- Active
Listed by: sevak keshishian
Office: marcus & millichap818-212-2700
MLS#:26873509
Source:CRMLS
Price summary
- Price:$1,000,000
- Price per sq. ft.:$255.69
About this home
We are pleased to present the opportunity to acquire 9021 Compton Ave, a 5-unit multifamily investment located in the Florence-Firestone neighborhood of South Los Angeles. The property offers investors the opportunity to acquire an income-producing asset with significant capital improvements already completed, approximately 56% rental upside, and pricing below replacement cost.Originally constructed in 1959, the property consists of a two-story apartment building situated on a 7,028-square-foot lot. Originally configured as a 7-unit property, the building was legally reconfigured into its current 5-unit layout to create larger, family-oriented units. While the assessor reflects approximately 3,911 square feet, the actual building size is approximately 4,600 square feet (Buyer to Verify). The attractive unit mix consists of (1) 1-bedroom/1-bathroom units, (2) 3-bedroom/2-bathroom units, and (2) 4-bedroom/2-bathroom units, providing a highly desirable unit mix that continues to attract strong tenant demand.Current ownership has completed numerous capital improvements that significantly reduce near-term capital expenditures, including a new roof, new electrical subpanel, copper electrical wiring throughout, copper water piping serving each unit, fresh exterior paint, and renovations to two units. Additionally, individual water meters have been installed for all five units, with two units already billing water directly to the tenants, providing future ownership with the opportunity to further reduce operating expenses through utility reimbursement.The property is fully gated from both the front and rear and benefits from convenient alley access to the main parking area. On-site parking includes four covered carport spaces in addition to several open parking spaces. Investors may also explore the potential for an ADU conversion or other value-add opportunities utilizing the existing parking configuration, subject to buyer investigation and approval.Located just four blocks south of Firestone Boulevard, one block west of Alameda Street, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles....
Contact an agent
Home facts
- Year built:1959
- Listing ID #:26873509
- Added:1 day(s) ago
- Updated:August 17, 2026 at 10:29 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:9
- Living area:3,911 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1959
- Building area:3,911 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,000,000
- Price per sq. ft.:$255.69
Features and amenities
- Appliances:Disposal
Parking
- Parking description:Carport
New listings near 9021 Compton Avenue
- Open Thu, 6 to 8pmNew
$1,899,000Active3 beds 2 baths1,375 sq. ft.12319 Greene Avenue, Los Angeles, CA 90066
MLS# 26865035Listed by: REAL BROKER - New
$4,995,000Active5 beds 5 baths4,782 sq. ft.3171 Abington Drive, Los Angeles, CA 90210
MLS# 26868681Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - New
$777,000Active-- beds -- baths2,532 sq. ft.9511 S San Pedro Street, Los Angeles, CA 90003
MLS# 26870643Listed by: DOUGLAS ELLIMAN - Open Tue, 11am to 2pmNew
$9,250,000Active6 beds 8 baths8,152 sq. ft.2285 Worthing Lane, Los Angeles, CA 90077
MLS# 26873187Listed by: THE BEVERLY HILLS ESTATES - New
$799,000Active1 beds 2 baths998 sq. ft.7250 Franklin Avenue #903, Los Angeles, CA 90046
MLS# 26873347Listed by: THE BEVERLY HILLS ESTATES - New
$1,199,000Active3 beds 3 baths1,344 sq. ft.10211 Roscoe, Los Angeles, CA 91352
MLS# BB26180171Listed by: VESTCA - Coming Soon
$615,000Coming Soon-- beds -- baths135 E 77th Street #3, Los Angeles, CA 90003
MLS# CV26180161Listed by: REALTY MASTERS & ASSOCIATES - New
$1,200,000Active-- beds -- baths4,782 sq. ft.2134 Magnolia, Los Angeles, CA 90007
MLS# CV26180194Listed by: TOP PRODUCERS REALTY PARTNERS - Coming Soon
$649,000Coming Soon-- beds -- baths661 E 43rd Place, Los Angeles, CA 90011
MLS# DW26179898Listed by: EHOMES