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6101 Compton Ave

los angeles, CA 90001

$1,650,000

  • 7 BR
    APPROX. 6,700 SF

INTERESTED? LET'S CONNECT

We are pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave. The property consists of five residential units including a single, two 1+1's, a 2+1, and a 3+2; the three-bedroom is currently vacant; there are also five retail spaces on the ground floor that benefit from the foot and car traffic along Compton Ave; two of the retail spaces are currently vacant. Unique opportunity to purchase an asset with both residential and retail components; strong cash flow potential with a projected 7.33% CAP rate when the vacancies are rented and the building is stabilized. Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl's Jr, among others. Close proximity to retail and industrial employment hubs in the neighborhoods of South LA, Huntington Park, Vernon, and the Alameda corridor. Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave.

Details

6,700 Sq Ft

6,606 Sq Ft Exterior Space

Investment

Built in 1929

MLS/Listing ID 25551969

2 Stories

5 Units

Listing Courtesy of MARCUS & MILLICHAP, NEEMA AHADIAN - 310-909-5444

CLAW

Source of Data: THE MLS

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