9538 Compton Ave Los Angeles, CA 90002
Watts NeighborhoodEstimated payment $4,864/month
Highlights
- Auto Driveway Gate
- Property is near park and public transit
- Granite Countertops
- Open Floorplan
- Wood Flooring
- Private Yard
About This Home
Exceptional four-unit investment opportunity in Los Angeles offering immediate income, vacancy flexibility, and strong rental upside. The property features an attractive unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, ideal for maximizing rental demand and long-term appreciation. Two units will be delivered vacant, including unit 9538, a fully renovated 2-bedroom, 1-bath unit with dedicated parking, move-in ready for an owner-user or immediate market-rate lease. Unit 9542 the second 2-bedroom unit, in solid condition, will also be vacant at close of escrow, providing additional lease-up flexibility and strong income upside. Unit 9542 1/2 is a 1-bedroom, 1-bath unit has been fully renovated and is currently leased at market rent, offering stabilized income. Unit 9540, the remaining 1-bedroom unit is occupied by a long-term legacy tenant of over 10 years at below-market rent, presenting clear future rental growth potential. This asset presents multiple investment strategies:
• Owner-occupy and offset mortgage with rental income
• Lease-up vacant units at market rates for strong cash flow
• Renovate and reposition remaining units to maximize returns
• Long-term hold with rent growth and appreciation With renovated interiors, a desirable bedroom mix, parking, and two vacant units at closing, this is a rare opportunity to acquire a flexible, income-producing property with both immediate revenue and value-add upside in a strong Los Angeles rental market. Excellent opportunity for investors, 1031 exchange buyers, or house hackers seeking both cash flow and long-term equity growth.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 3,430 Sq Ft Lot
- Two or More Common Walls
- Security Fence
- Masonry wall
- Wrought Iron Fence
- Block Wall Fence
- Chain Link Fence
- Fence is in good condition
- No Landscaping
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Corners Of The Lot Have Been Marked
- No Sprinklers
- Private Yard
- Back and Front Yard
- Density is 2-5 Units/Acre
- Value in Land
- On-Hand Building Permits
Home Design
- Bungalow
- Quadruplex
- Entry on the 1st floor
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- TVA Insulation Package
- Rolled or Hot Mop Roof
- Fire Retardant Roof
- Asphalt Roof
- Common Roof
- Partial Copper Plumbing
- Concrete Perimeter Foundation
- Radiant Barrier
- Plaster
- Stucco
Interior Spaces
- 1,780 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wired For Data
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Insulated Windows
- Blinds
- Window Screens
- Insulated Doors
- Family Room
- Living Room
- Storage
- Attic Fan
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Gas Cooktop
- Free-Standing Range
- Microwave
- Freezer
- Granite Countertops
- Corian Countertops
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Firewall
Parking
- 1 Parking Space
- 1 Carport Space
- Private Parking
- Shared Driveway
- Driveway Level
- Auto Driveway Gate
- Paved Parking
- On-Street Parking
- Uncovered Parking
- Parking Lot
- Off-Street Parking
- Assigned Parking
- Controlled Entrance
Accessible Home Design
- Halls are 48 inches wide or more
- Lowered Light Switches
- Doors swing in
- Doors are 32 inches wide or more
- Entry Slope Less Than 1 Foot
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near park and public transit
- Suburban Location
Utilities
- Ducts Professionally Air-Sealed
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Gravity Heating System
- Electricity on Bond
- Overhead Utilities
- 220 Volts
- ENERGY STAR Qualified Water Heater
- Gas Water Heater
- Phone Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 6048021012
- $910 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $634
- Trash Expense $300
- Water Sewer Expense $300
- Operating Expense $600
- Gross Income $80,094
- Net Operating Income $76,800
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,370 | $723,078 | $520,200 | $202,878 |
| 2024 | $9,370 | $708,900 | $510,000 | $198,900 |
| 2023 | $9,193 | $695,000 | $500,000 | $195,000 |
| 2022 | $6,708 | $503,076 | $174,983 | $328,093 |
| 2021 | $6,620 | $493,212 | $171,552 | $321,660 |
| 2019 | $6,428 | $478,584 | $166,464 | $312,120 |
| 2018 | $6,351 | $469,200 | $163,200 | $306,000 |
| 2016 | $4,032 | $280,862 | $104,023 | $176,839 |
| 2015 | $3,970 | $276,644 | $102,461 | $174,183 |
| 2014 | $3,995 | $271,225 | $100,454 | $170,771 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/17/2026 02/17/26 | For Sale | $795,000 | +14.4% | $447 / Sq Ft | |
| 11/30/2022 11/30/22 | Sold | $695,000 | -2.8% | $390 / Sq Ft | View Prior Sale |
| 09/16/2022 09/16/22 | Price Changed | $714,999 | -1.2% | $402 / Sq Ft | |
| 04/23/2022 04/23/22 | Price Changed | $724,000 | -2.2% | $407 / Sq Ft | |
| 04/13/2022 04/13/22 | Price Changed | $739,999 | -1.3% | $416 / Sq Ft | |
| 04/03/2022 04/03/22 | For Sale | $750,000 | +63.0% | $421 / Sq Ft | |
| 05/18/2017 05/18/17 | Sold | $460,000 | -3.1% | $258 / Sq Ft | View Prior Sale |
| 01/13/2017 01/13/17 | Price Changed | $474,900 | -4.1% | $267 / Sq Ft | |
| 11/09/2016 11/09/16 | For Sale | $495,000 | +83.3% | $278 / Sq Ft | |
| 05/08/2013 05/08/13 | Sold | $270,000 | -3.6% | $144 / Sq Ft | View Prior Sale |
| 03/28/2013 03/28/13 | Pending | -- | -- | -- | |
| 01/24/2013 01/24/13 | For Sale | $280,000 | -- | $149 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $695,000 | Wfg National Title | |
| Deed | -- | Wfg National Title | |
| Grant Deed | $460,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $270,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $175,000 | Chicago Title Company | |
| Trustee Deed | $242,250 | None Available | |
| Grant Deed | $97,000 | Lsi Title Company | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $360,000 | Commonwealth Title | |
| Grant Deed | $240,000 | First American Title Co | |
| Trustee Deed | $190,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Commerce Title | |
| Grant Deed | $265,000 | Commerce Title | |
| Corporate Deed | $115,000 | Lawyers Title Company | |
| Trustee Deed | $102,019 | Continental Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $451,668 | FHA | |
| Previous Owner | $265,109 | FHA | |
| Previous Owner | $175,000 | Purchase Money Mortgage | |
| Previous Owner | $288,000 | Purchase Money Mortgage | |
| Previous Owner | $237,000 | Purchase Money Mortgage | |
| Previous Owner | $232,750 | No Value Available | |
| Previous Owner | $145,800 | No Value Available | |
| Closed | $72,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26035602
APN: 6048-021-012
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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