NOT LISTED FOR SALE

4620 Compton Ave Los Angeles, CA 90011

Central Alameda Neighborhood
12 Beds
8 Baths
4,690 Sq Ft
7,800 Sq Ft Lot

Last Sold December 08, 2022

Last sale price $1,180,000 $252 Per Sq Ft

56 Days on Market

About This Home

As of December 2022

I am pleased to offer for sale an eight-unit apartment community located at 4620 Compton Avenue. The subject property is located just south of Vernon Avenue within South Los Angeles. Situated on a 7,800 square foot parcel, the property comprises of half one-bedroom units and half two-bedroom units and was built in 1961. One of the units will be delivered vacant in rent ready condition so new ownership can immediately achieve a market rental rate. The property has 120% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 4620 Compton Avenue an excellent acquisition opportunity.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 08/15/2022

Last Buyer's Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 08/15/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 60x130

Interior Spaces

  • 4,690 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5106-013-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4690
  • Lot Acreage: 0.1791
  • Lot Dimensions: 60x130
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 265.46

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 79.25
  • Assessed Improvement Value: 467406
  • Assessed Land Percent: 20.75
  • Assessed Land Value: 122362
  • Total Assessed Value: 589768
  • Assessor Parcel Number: 5106-013-016
  • Lot Size Area: 7800

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14.78
  • Number Of Units: 8
  • Type Of Units: Residential
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2022 12/08/22 Sold $1,180,000 -5.2% $252 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $1,245,000 -2.4% $265 / Sq Ft
08/15/2022 08/15/22 For Sale $1,275,000 +50.0% $272 / Sq Ft
08/12/2021 08/12/21 Sold $850,000 -22.7% $181 / Sq Ft View Prior Sale
08/14/2020 08/14/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $1,100,000 -- $235 / Sq Ft
Source: The MLS

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 $15,587 $1,227,672 $707,472 $520,200
2024 $15,587 $1,203,600 $693,600 $510,000
2023 $15,300 $1,180,000 $680,000 $500,000
2022 $11,045 $850,000 $500,000 $350,000
2021 $8,034 $589,768 $122,362 $467,406
2020 $8,102 $583,722 $121,108 $462,614
2019 $7,817 $572,278 $118,734 $453,544
2018 $7,667 $561,057 $116,406 $444,651
2016 $7,265 $539,273 $111,887 $427,386
2015 $7,169 $531,174 $110,207 $420,967
2014 $7,243 $520,770 $108,049 $412,721
Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2022

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    1 in this area

    69 Total Sales

    Sean Rosenzweig
    Section Image
  • Maria Gracia

    Seller's Agent in 2021

    Maria Gracia

    Power Brokers

    (213) 327-7406

    2 in this area

    14 Total Sales

    Maria Gracia
    Section Image
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Map

Source: The MLS

MLS Number: 22-189925

The MLS
California Los Angeles County Los Angeles 90011 Central Alameda

4620 Compton Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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