9538 Compton Avenue Los Angeles, CA 90002
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $432
MLS Listing ID IG-26205850
Style Bungalow
Bedrooms 6
Full Baths 4
Year Built 1930
Lot Size 3,430 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
The property features an attractive unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for maximizing rental demand and long-term appreciation.
Unit 9538 is a fully renovated 2-bedroom, 1-bath unit with dedicated parking. Unit 9542 is the second 2-bedroom unit, in solid condition, providing additional lease-up flexibility and strong income upside.
Unit 9542 1/2 is a 1-bedroom, 1-bath unit has been fully renovated and is currently leased at market rent, offering stabilized income. Unit 9540, the remaining 1-bedroom unit is occupied by a long-term legacy tenant of over 10 years at below-market rent, presenting clear future rental growth potential.
This asset presents multiple investment strategies:
• Renovate and reposition units to maximize returns
• Long-term hold with rent growth and appreciation
With renovated interiors, a desirable bedroom mix, parking, this is a rare opportunity to acquire a flexible, income-producing property with both immediate revenue and value-add upside in a strong Los Angeles rental market.
Excellent opportunity for investors, 1031 exchange buyers, or house hackers seeking both cash flow and long-term equity growth.
Location
State CA
County Los Angeles
Area Watt - Watts (L)
Interior
Interior Features Attic Fan, Ceiling Fan(s), Copper Plumbing Partial, Corian Counters, Granite Counters, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Unfurnished, Wired for Data, Kitchen Open to Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers
Heating Gravity
Cooling Wall/Window Unit(s)
Flooring Vinyl, Laminate, Tile, Wood
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Lighting, Rain Gutters, Satellite Dish
Parking Features Asphalt, Assigned, Auto Driveway Gate, Concrete, Controlled Entrance, Driveway
Pool None
Community Features Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available
View Y/N No
View None
Building
Lot Description Corners Marked, Front Yard, Level, Level with Street, Near Public Transit, No Landscaping, Park Nearby, Paved, Rectangular Lot, Utilities - Overhead, Value In Land, Walkstreet, Yard, Sprinklers None, 2-5 Units/Acre, Back Yard
Sewer Public Sewer
Schools
School District Judith F. Baca Arts
NEARBY SCHOOL & BUSINESS
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