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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,399,000

Est. payment - /mo

6,860 Sqft Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26206507

HOA Y/N No

Year Built 1962

Lot Size 6,860 Sqft

Property Sub-Type Apartment

Property Description

A rare six-unit value-add opportunity in the heart of Compton, offered at $1,399,000 with a 9.26% cap rate. Every unit shares a clean, uniform 2 bedroom / 1 bathroom floor plan, simplifying management, turns, and future renovation planning. The property's distinctive mid-century exterior, with its striped fascia and stacked-stone accent wall, gives it strong street presence and curb appeal rarely found at this price point.

Inside, unit finishes range from original condition to tastefully updated, including wood-look vinyl plank flooring, tiled tub/shower surrounds, and functional galley kitchens — giving the next owner a mix of turnkey and light-value-add units to work with. Three units are currently occupied generating in-place income, while three are vacant and ready for immediate lease-up at market rents, offering a rare combination of day-one cash flow and clear upside without a heavy capital program.

Located in a strong rental submarket with no municipal rent control, tight vacancy, and easy access to major employment and retail corridors, 116 E Alondra Blvd is positioned for both stable income and long-term appreciation. An ideal acquisition for a 1031 exchange buyer or investor looking to build a scalable multifamily portfolio in Southern California.

Location

State CA

County Los Angeles

Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6163018058

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Listing Terms Submit

Special Listing Condition Standard

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Listed by Mark Perez Circle Real Estate 562-754-0660, DRE #01279393

NEARBY SCHOOL & BUSINESS

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116 E Alondra Compton, CA 90220