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Brian Aarestad, Sales Associate
SOLD
$1,085,000
Date 02/27/2024

15615 S White Avenue
Compton, CA 90221

Other
Residence
12
Beds
6
Baths
5,096
Sqft
0.463
Lot Size
Listing Agent: Max Berger CalDRE: 02054048 - Compass
15613-17 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.
24346217
Other, 1 Story
12
Los Angeles
6
1935
0.463 Acres
1
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Listing Agent: Max Berger CalDRE: 02054048 - Compass
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