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Sold on 02/05/2024

15615 S White Ave, Compton, CA 90221

  • $1,085,000

    Last sold 02/05/2024 after 25 Days

  • 12

    bed

  • 6

    bath

  • 5,096

    Sqft ($213/Sqft)

Multi-family not for sale
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About 15615 S White Ave

Property type Multi-family
Neighborhood
Year built 1935
HOA fee $0/month
Lot size 0.46 Acre
Property description
15613-17 S. White Ave. is a six-unit value-add opportunity, located in an area of Unincorporated LA County, and offered at $183,167 per unit, $216 per foot, 5.65% current CAP, and 10.83 current GRM. With approx. 70% rental upside, the property will stabilize at an 11.98% market CAP & 6.35 market GRM at projected market rents (based on renovated units). Situated on a 20,170 SF lot with plenty of parking spaces (mix of one-car garages, covered, and surface spaces), 15613-17 S. White presents an opportunity to add one or two ADUs (buyer to verify). The property is comprised of four structures featuring (6) 2-bdrm. units averaging approx. 850 SF. Several units feature private front yards.
Listed by
Listing Agent - Max Berger
Listing Office - Compass
Source: The MLS mls logo
MLS#24-346217 • last updated 2 years ago
Movoto checked The MLS for data 8 minutes ago
Overview
Levels/Style One
MLS # 24-346217
Type Residential Income
Status Sold
SqFt 5096
Lot Size (SqFt) 20170
Year Built 1935
Interior
Total # of Baths 6
Total # of Bedrooms 12
Flooring Other
Exterior
# Parking Spaces 6
Parking Desc Garage - 1 Car, Uncovered, Covered Parking
# Covered Parking Spaces 2
Add'l Structures None
Amenities / Utilities
Equipment Built-Ins, Dishwasher, Freezer, Hood Fan, Refrigerator, Range/Oven, Other
Location
County Los Angeles
View None
Zoning LCR3YY
APN 6181-022-028
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 14370
Unit 1: # Beds 2
Unit 1: Rent 1400
Unit 1: # Baths 1
Unit Type 2106
Unit 1: Actual Rent 8398
Total # Of Buildings 4
Net Operating Income 62137
Cap Rate 5.65
Vacancy Amount (%) 2
Vacancy Rate 0 Units
Gross Income 101496
Gross Operating Income 98451
Gross Rent Multiplier 10.83
Total Annual Expenses 36314
Lot/ Land Details
Add'l APN False
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 24-346217
  • Feb 27, 2024 Sold
    —
  • Feb 5, 2024 Pending
    —
  • Jan 12, 2024 Active
    —
  • Jan 10, 2024 Listed
    $1,099,000 (-8.4%)
  • Nov 2017
    mls logo MLS # DW17159753
  • Nov 20, 2017 Sold
    $1,200,000
  • Nov 17, 2017 Sold
    $1,200,000
  • Oct 21, 2017 Pending
    —
  • Oct 16, 2017 Price Change
    $1,200,000 (-7.3%)
  • Sep 1, 2017 Price Change
    $1,295,000 (+7.9%)
  • Jul 13, 2017 Listed
    $1,200,000 (-14.3%)
  • Jul 13, 2017 Listed
    $1,400,000 (+70.7%)
  • Jul 2015
    mls logo MLS # OC15038439
  • Jul 24, 2015 Sold
    $820,000 (+2.5%)
  • Feb 22, 2015 Listed
    $800,000
  • 15615 S White Ave
    $1.08M
  • East Compton
    $647K 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
Clinton, William Jefferson School
public Grades K-8
Compton Unified School District
N/A
Roosevelt 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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