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116 E Alondra, Compton, CA 90220

$1,399,000
  • bed

  • bath

Multi-family coming soon

About 116 E Alondra

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 6,862 Sqft
Movoto estimate
Parking 6 garage spaces
Rental estimate
Property description
A rare six-unit value-add opportunity in the heart of Compton, offered at $1,399,000 with a 9.26% cap rate. Every unit shares a clean, uniform 2 bedroom / 1 bathroom floor plan, simplifying management, turns, and future renovation planning. The property's distinctive mid-century exterior, with its striped fascia and stacked-stone accent wall, gives it strong street presence and curb appeal rarely found at this price point. Inside, unit finishes range from original condition to tastefully updated, including wood-look vinyl plank flooring, tiled tub/shower surrounds, and functional galley kitchens — giving the next owner a mix of turnkey and light-value-add units to work with. Three units are currently occupied generating in-place income, while three are vacant and ready for immediate lease-up at market rents, offering a rare combination of day-one cash flow and clear upside without a heavy capital program. Located in a strong rental submarket with no municipal rent control, tight vacancy, and easy access to major employment and retail corridors, 116 E Alondra Blvd is positioned for both stable income and long-term appreciation. An ideal acquisition for a 1031 exchange buyer or investor looking to build a scalable multifamily portfolio in Southern California.
Listed by
Listing Agent - Mark Perez
Listing Agent Contact: 562-754-0660
Listing Office - Circle Real Estate
Source: CRMLS mls logo
MLS#RS26206507 • last updated 1 day ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Coming Soon
Lot Size (Acres) 0.1575
Lot Size (SqFt) 6862
Year Built 1962
Interior
Laundry None
Exterior
Building Area Square Feet, 4756
# Parking Spaces 6
# Garage Spaces 6
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Urban
Directions Alameda St/ Alondra Blvd
APN 6163018058
Multifamily Details
Expense: Trash 5184
Operating Expense 43200
Expense: Insurance 13824
Total Expenses 43200
Expense: Water/ Sewer 6912
Gross Income 129600
Expense: Electric 3456
Gross Scheduled Income 172800
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  • Real Estate
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  • Los Angeles County
  • Compton
  • 90220
  • 116 E Alondra

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