9538 Compton Los Angeles, CA 90002
3,428 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26035602
Construction Status Building Permit
HOA Y/N No
Year Built 1930
Lot Size 3,428 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Los Angeles
Area Watt - Watts
Interior
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
Heating Gravity, Natural Gas
Cooling Wall/Window Unit(s), Attic Fan
Flooring Laminate, Tile, Vinyl, Wood
Fireplaces Type None
Equipment Satellite Dish
Fireplace No
Appliance 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
Laundry None
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Assigned, Asphalt, Controlled Entrance, Concrete, Driveway Level, Driveway, Electric Gate, Gated, On Site, Off Street, Paved, Private, One Space, Shared Driveway, On Street, Uncovered
Carport Spaces 1
Fence Average Condition, Block, Chain Link, Fair Condition, Good Condition, Masonry, Security, Wrought Iron
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Overhead Utilities
View Y/N No
View None
Roof Type Asphalt,Common Roof,Flat,Fire Proof,Rolled/Hot Mop
Accessibility Accessible Electrical and Environmental Controls, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Total Parking Spaces 1
Private Pool No
Building
Lot Description 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
Faces North
Story 1
Entry Level One
Foundation Concrete Perimeter, Pillar/Post/Pier, Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status Building Permit
Others
Senior Community No
Tax ID 6048021012
Security Features Carbon Monoxide Detector(s),Fire Detection System,Firewall(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Standard
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