$849,999

Estimated payment $5,458/month

4 Beds
5 Baths
2,052 Sq Ft
$414 Price per Sq Ft

Highlights

  • Front Porch
  • Bathtub with Shower
  • Forced Air Heating System
  • Built-In Features
  • Ceramic Tile Flooring
  • 2-minute walk to One Hundred Ninth Street Recreation Center

About This Home

This well maintained 5 unit, mixed use property is the perfect entry level commercial investment. Featuring (4) One bedroom, one bathroom units (1) small retail unit and (2) oversized, fully-gated one car driveways. With one being at each end of the property. This property is uniquely located on a wide, corner lot, consisting of two detached buildings, making the retail unit and 4 residential units entirely separate. This offers both prime frontage for the retail unit along side a sense of privacy for the residential units. The retail unit was once a to-go, food business, then a snack stand and is currently used as storage. The commercial retail unit and (1) residential unit will be delivered vacant; offering access to immediate upside in rents. The Watts area is under rapid re-development including recent building of Freedom Plaza to compliment the rebuilding 100s of new units at the Jordan Downs Housing Complex. The nearby Nickerson Gardens and Imperial Courts are slated for similar development as well, furthering the economic activity in the area and providing much needed housing. Located just minutes away from Downtown Los Angeles with close proximity to 105, 110, 710 and 605 Freeways; making it ideal for transit to area employers and attractions. Contact me today to set up your showings or with any questions! With two units delivered vacant, you can easily achieve a near 8.5% cap rate and a 9.5 GRM to CASH FLOW! Additionally, the adjacent property at 11003 Compton Ave is listed for sale at the same time, offering the chance to assemble both properties. See MLS Listing #26665505 for more information.

Listing Agent

Zachary Grant

Real Broker License #02046001 Listed on: 04/21/2026

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,162 Sq Ft Lot
  • North Facing Home
  • Gated Home

Home Design

  • Entry on the 11th floor
  • Flat Roof Shape

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Bathtub with Shower

Parking

  • 2 Open Parking Spaces
  • Driveway

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 6070-008-015

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

4,162 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Floor: 11
  • Living Area: 2052
  • Lot Acreage: 0.0955
  • Probate: No
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Ceramic Tile
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Pantry
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 414.23

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Porch, Porch - Front, Porch - Rear
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Garage Structures: 0
  • Parking Garage: Driveway, Driveway - Concrete

Utilities

  • Heating: Forced Air, Wall
  • Security: Gated
  • Water: In Street, Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 31.68
  • Assessed Improvement Value: 270608
  • Assessed Land Percent: 68.32
  • Assessed Land Value: 583664
  • Total Assessed Value: 854272
  • Assessor Parcel Number: 6070-008-015
  • Lot Size Area: 4162

Rental Info

  • Total Actual Rent: 4460.00
  • Owner Pays: Gardener, Electricity
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 9.30
  • Number Of Units: 5
  • Type Of Units: Apartments

MLS Schools

  • School District: Los Angeles Unified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,421 $854,272 $583,664 $270,608
2024 $11,279 $837,522 $572,220 $265,302
2023 $11,068 $821,100 $561,000 $260,100
2022 $10,584 $805,000 $550,000 $255,000
2021 $9,782 $732,511 $505,180 $227,331
2019 $5,612 $380,000 $230,000 $150,000
2018 $4,395 $280,908 $156,060 $124,848
2016 $4,178 $270,000 $150,000 $120,000
2015 $2,694 $147,092 $37,860 $109,232
2014 $2,686 $144,212 $37,119 $107,093
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2026 04/21/26 For Sale $849,999 +5.6% $414 / Sq Ft
10/13/2021 10/13/21 Sold $805,000 -5.2% $392 / Sq Ft View Prior Sale
06/01/2021 06/01/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $849,000 -5.1% $414 / Sq Ft
01/18/2021 01/18/21 For Sale $895,000 +23.4% $436 / Sq Ft
07/19/2019 07/19/19 Sold $725,000 0.0% $353 / Sq Ft View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $725,000 +90.8% $353 / Sq Ft
09/07/2018 09/07/18 Sold $380,000 -5.0% $185 / Sq Ft View Prior Sale
08/16/2018 08/16/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $399,900 +8.1% $195 / Sq Ft
10/06/2015 10/06/15 Sold $370,000 +2.8% $180 / Sq Ft View Prior Sale
10/06/2015 10/06/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $360,000 -- $175 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $725,000 Wfg National Title Company
Grant Deed $380,000 Wfg Title Co Of California
Grant Deed $270,000 Ticor Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,750 Commercial
Previous Owner $342,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26767937

The MLS

APN: 6070-008-015

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