9538 Compton, Los Angeles, CA 90002
- $795,000
- List Price
- $795,000
- Status
- ACTIVE
- MLS#
- IG26035602
- Year Built
- 1930
- Lot Size
- 3,430
- Acres
- 0.08
- Lot Location
- 2-5 Units/Acre, Back Yard, Corners Marked, Front Yard, Level, No Landscaping, Near Park, Near Public Transit, Paved, Rectangular Lot, Sprinklers None, Street Level, Value In Land, Walkstreet, Yard
- Days on Market
- 162
- Property Type
- Multifamily
- Style
- Bungalow
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
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.
Additional Information
- Appliances
- ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Range, Free-Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Heat
- Gravity, Natural Gas
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s), Attic Fan
- View
- None
- Exterior Construction
- Drywall, Ducts Professionally Air-Sealed, Plaster, Radiant Barrier, Stucco, TVA Insulation Package
- Roof
- Asphalt, Common Roof, Flat, Fire Proof, Rolled/Hot Mop
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Granite Counters, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Solid Surface Counters, Unfurnished, Wired for Data, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $84,000
- Operating Expense
- 7200
Listing courtesy of Listing Agent: Francisco Zepeda (isaiah.zepeda@icloud.com) from Listing Office: Fiv Realty Co..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.