$2,280,000
SOLD JAN 10, 2025

2201 E Compton Blvd Compton, CA 90221

16 Beds
15 Baths
10,209 Sq Ft
0.26 Acres

Recently Sold

$223 Per Sq Ft

9% Below List Price

57 Days on Market

About This Home

As of January 2025

We are pleased to offer 2201 E Compton Blvd, a 15-unit multifamily property in the city of Compton, CA. This two-story, secured, and gated courtyard-style building offers a strong unit mix, comprised of fourteen (14) one-bedroom/one-bath units and one (1) two-bedroom/one-bath units. Built in 1963, the property boasts 10,209 rentable square feet on an 11,297 square foot lot with 14 single-car garages for tenant convenience. Additionally, the property falls under AB-1482, California's statewide rent control, allowing annual increases of 5% plus CPI. Currently, the property operates with no subsidized tenants and offers 25% rental upside potential without the need for any subsidy programs. However, additional upside can be realized by tapping into subsidies like the Housing Choice Voucher (HCV) Program, with maximum voucher amounts reaching $1,921 for 1-bedroom units and $2,222 for 2-bedroom units, while ensuring smooth rent collection. Whether you choose to maintain the property's current operations or tap into subsidy programs to maximize returns while streamlining rent collection, this asset presents an opportunity to acquire a well position property in one of Compton's most densely populated areas with significant upside and long-term growth.

Last Agent to Sell the Property

Kyle Mirrafati

Matthews Real Estate Investment Services License #01911204

Last Buyer's Agent

Kyle Mirrafati

Matthews Real Estate Investment Services License #01911204

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot

Parking

  • 14 Car Garage
  • Assigned Parking

Interior Spaces

  • 10,209 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 15 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 6183-018-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

14

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 10209
  • Lot Acreage: 0.2594
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Common Walls: Attached
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 244.88

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 14
  • Parking Garage: Assigned, Garage - 1 Car
  • Total Parking: 14

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Electric
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 69.57
  • Assessed Improvement Value: 1681885
  • Assessed Land Percent: 30.43
  • Assessed Land Value: 735824
  • Total Assessed Value: 2417709
  • Assessor Parcel Number: 6183-018-029
  • Lot Size Area: 11300

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.77
  • Number Of Units: 15
  • Total Annual Expense: 99462
  • Vacancy Rate: 0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $2,280,000 -8.8% $223 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/12/2024 11/12/24 For Sale $2,500,000 -- $245 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 24-460525

The MLS

California Los Angeles County Compton 90221

2201 E Compton Blvd, Compton, CA

Homes for Sale in Compton, CA

This home is located at 2201 E Compton Blvd, Compton, CA 90221 and is currently priced at $2,280,000, approximately $223 per square foot. This property was built in 1963. 2201 E Compton Blvd is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Whaley Middle School, and Dominguez High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes