Active Under Contract

9021 Compton Avenue

Los Angeles, CA 90002
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Bed 15

Bed

Bath 9

Bath

SqFt3,911

Sqft

SqFt7,030

Sqft(Lot)

We are pleased to present the opportunity to acquire 9021 Compton Ave, a 5-unit multifamily investment located in the Florence-Firestone neighborhood of South Los Angeles. The property offers investors the opportunity to acquire an income-producing asset with significant capital improvements already completed, approximately 56% rental upside, and pricing below replacement cost.Originally constructed in 1959, the property consists of a two-story apartment building situated on a 7,028-square-foot lot. Originally configured as a 7-unit property, the building was legally reconfigured into its current 5-unit layout to create larger, family-oriented units. While the assessor reflects approximately 3,911 square feet, the actual building size is approximately 4,500 square feet (Buyer to Verify). T he attractive unit mix consists of (1) 1-bedroom/1-bathroom units, (2) 3-bedroom/2-bathroom units, and (2) 4-bedroom/2-bathroom units, providing a highly desirable unit mix that continues to attract strong tenant demand.Current ownership has completed numerous capital improvements that significantly reduce near-term capital expenditures, including a new roof, new electrical subpanel, copper electrical wiring throughout, copper water piping serving each unit, fresh exterior paint, and renovations to two units. Additionally, individual water meters have been installed for all five units, with two units already billing water directly to the tenants, providing future ownership with the opportunity to further reduce operating expenses through utility reimbursement.The property is fully gated from both the front and rear and benefits from convenient alley access to the main parking area. On-site parking includes four covered carport spaces in addition to several open parking spaces. Investors may also explore the potential for an ADU conversion or other value-add opportunities utilizing the existing parking configuration, subject to buyer investigation and approval.Located just four blocks south of Firestone Boulevard, one block west of Alameda Street, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,000,000

AD Id : 89632720

MLS Id : 26873509

Beds : 15

Lot Size : 7,030 Sqft

Living Area Size : 3,911

Year Built : 1959

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Total Baths: 9
  • Interior Features

    Appliances: Disposal
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1959
    Building Area Total: 3911
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7030 Lot Size Acres: 0.1614 Lot Size Square Feet: 7,030

  • Listing Price Information

    Listing Price: $1000000

  • Tax Information

    Parcel Number: 6043029027

  • Location Information

    Direction: CA-110 South, Use the 2nd from the right lane to take exit 16 for Manchester Ave, Turn right onto Compton Ave, Restricted usage road. Property is on right side.
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Nearby Home Value

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10347 Kalmia Street, Los Angeles, CA, 90002 $709,999 3 2 1,317 6,502 Sqft
9433 Hickory Street, Los Angeles, CA, 90002 $565,000 2 1 624 6,750 Sqft
9014 S Fir Avenue, Los Angeles, CA, 90002 $1,149,000 7 -- 3,148 19,136 Sqft
8906 Elm, Los Angeles, CA, 90002 $669,900 6 3 1,568 3,385 Sqft
10313 Croesus Avenue, Los Angeles, CA, 90002 $649,999 5 2 1,353 6,610 Sqft
1950 E 97th, Los Angeles, CA, 90002 $629,900 3 3 1,210 2,500 Sqft
1854 E 92nd Street, Los Angeles, CA, 90002 $1,400,000 14 7 5,734 15,747 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 00:16

MLS: 26873509 LISTED BY: Sevak Keshishian, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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