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Sold on 07/01/2024
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1016 E Oaks St, Compton, CA 90221

  • $740,000

    Last sold 07/01/2024 for $650K

  • 7

    bed

  • 3

    bath

  • 2,872

    Sqft ($226/Sqft)

Multi-family not for sale
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About 1016 E Oaks St

Property type Multi-family
Neighborhood
Year built 1929
HOA fee $0/month
Lot size 4,687 Sqft
Movoto estimate
Property description
Welcome to this fantastic investment opportunity nestled in the vibrant community of Compton! One Unit offers 3 Large bedroom 1 bath . One unit is a 2 Bedroom 2 bath . There are 1-one bedroom 1 bath unit that will be delivered vacant and one more bonus room. These units present an exciting opportunity to update and increase rental income potential. Located in Compton, a dynamic community known for its cultural diversity and thriving local amenities, this property enjoys proximity to schools, parks, shopping centers, and major transportation routes. Don't miss out on this excellent investment opportunity
Listed by
Listing Agent - Melissa Knight
Listing Office - The Hills Premier Realty
Source: The MLS mls logo
MLS#24-360919 • last updated 1 year ago
Movoto checked The MLS for data 1 hour ago
Overview
Levels/Style Multi/Split
MLS # 24-360919
Type Residential Income
Status Sold
SqFt 2872
Lot Size (SqFt) 4687
Lot Size (Acres) 0.1076
Year Built 1929
Interior
Total # of Baths 3
Total # of Bedrooms 7
Exterior
Parking Desc Garage - 1 Car, Driveway - Pavers
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning CORM*
APN 6176-006-014
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 2300
Unit 1: Projected Rent 2800
Unit 1: # Beds 3
Unit 1: Rent 1415
Unit 2: Rent 1415
Unit 2: Furnished No
Unit 2: Projected Rent 2400
Unit 3: # Beds 1
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 1415
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 1415
Total # Of Buildings 2
Net Operating Income 25692
Vacancy Rate 2
Gross Income 33960
Gross Operating Income 33960
Gross Rent Multiplier 23
Total Annual Expenses 8268
$740K
Range: $606K-$873K
Last 30 days 
  • Dec 2024
    mls logo MLS # 24-360919
  • Dec 19, 2024 Sold
    $650,000 (-17.6%)
  • Jul 1, 2024 Active
    —
  • Feb 21, 2024 Listed
    $789,000
  • 1016 E Oaks St
    $650K
  • Compton
    $649K 0% y/y
  • 90221
    $624K -2% y/y
  • Compton
    $609K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Foster Elementary School
public Grades K-5
Compton Unified School District
4/10
Whaley Middle School
public Grades 6-8
Compton Unified School District
6/10
Dominguez High School
public Grades 9-12
Compton Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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