
Closed Listing
(6) 2-Bdrm. Units @ 5.65% CAP & $183K Per Unit
15615 s white ave
sold in
Compton
Sold At
$
950,000
6
Number of Units
1935
Year Built
5,096
SF
Square Footage
20,170
SF
Lot Size
LCR3YY
Zoning
15615 S. White Ave, Compton, CA 90221
About the Property
15615 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.
6
Number of Units
1935
Year Built
5,096
SF
Square Footage
20,170
SF
Lot Size
LCR3YY
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$183,167
Price p/ Sq. ft.
$216
Proforma Cap Rate
11.98




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