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Multifamily

Compton.6101

6101 Compton Ave, Los Angeles, CA 90001

Listing Price: $1,650,000

Cap Rate
7.33%
Number of Units
9
GRM
8.79
Price/Unit
$183,333
Price/Gross SF
$246.27
Gross SF
6,700

Investment Overview

• The Neema Group of Marcus & Millichap is pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave
• The property consists of five residential units including a single, two 1+1’s, a 2+1, and a 3+2; the three-bedroom is currently vacant; there are also five retail spaces on the ground floor that benefit from the foot and car traffic along Compton Ave; two of the retail spaces are currently vacant
• Unique opportunity to purchase an asset with both residential and retail components; strong cash flow potential with a projected 7.33% CAP rate when the vacancies are rented and the building is stabilized
• Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl’s Jr, among others
• Close proximity to retail and industrial employment hubs in the neighborhoods of South LA, Huntington Park, Vernon, and the Alameda corridor
• Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave

Investment Highlights

  • We are pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave
  • Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl's Jr, among others
  • Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave

Exclusively Listed By

Financing By

Multifamily

Compton.6101

Listing Price: $1,650,000

Cap Rate
7.33%
Number of Units
9
GRM
8.79
Price/Unit
$183,333
Price/Gross SF
$246.27
Gross SF
6,700

Investment Highlights

  • We are pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave
  • Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl's Jr, among others
  • Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave

Investment Overview

• The Neema Group of Marcus & Millichap is pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave • The property consists of five residential units including a single, two 1+1’s, a 2+1, and a 3+2; the three-bedroom is currently vacant; there are also five retail spaces on the ground floor that benefit from the foot and car traffic along Compton Ave; two of the retail spaces are currently vacant • Unique opportunity to purchase an asset with both residential and retail components; strong cash flow potential with a projected 7.33% CAP rate when the vacancies are rented and the building is stabilized • Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl’s Jr, among others • Close proximity to retail and industrial employment hubs in the neighborhoods of South LA, Huntington Park, Vernon, and the Alameda corridor • Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave

Exclusively Listed By

Financing By

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