Movoto Real Estate
Sold on 07/05/2024
  • Exterior
  • View/Area
  • Entry Way
  • Kitchen
  • Bath
  • Bedroom
  • Other

823 W 131st St, Compton, CA 90222

  • $694,000

    Last sold 07/05/2024 for $740K

  • 4

    bed

  • 2

    bath

  • 1,612

    Sqft ($459/Sqft)

Multi-family not for sale
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About 823 W 131st St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 6,021 Sqft
Movoto estimate
Property description
Presenting an outstanding opportunity: a gated duplex comprising two charming freestanding homes, each boasting its own unique features. One house offers 3 bedrooms and 1 bath on a slab foundation, while the other features 2 bedrooms and 1 bath on a raised foundation. Both homes enjoy spacious private backyards shaded by lush fruit trees, including guavas, avocados, apples, and mandarines, creating a serene and picturesque atmosphere for comfortable living.The 3-bedroom house showcases faux wall paint, beautiful floor tiles, and an inviting eat-in kitchen with laundry hookups. Meanwhile, the 2-bedroom house features an eat-in kitchen, laundry room, and a back porch leading to the backyard. The option to further divide the front yard enhances the sense of separation and privacy between the two homes, making it perfect for family members living close, but desiring their own space. Ideally situated, this property offers easy access to shopping centers and major freeways, including the 105 and 110, as well as nearby educational institutions such as King/Drew Magnet High School of Medicine and Science and Charles R. Drew University. Additional amenities and services within reach include Martin Luther King Community Hospital, Walmart Supercenter, Magic Johnson Park, and Compton Airport. Don't miss out on this rare opportunity to own a tranquil retreat with endless potential for comfortable living and investment in a desirable neighborhood. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.
Listed by
Listing Agent - Anna Kadinowa
Listing Office - Christie's AKG
Source: The MLS mls logo
MLS#24-377099 • last updated 1 year ago
Movoto checked The MLS for data 4 minutes ago
Overview
Levels/Style One
MLS # 24-377099
Type Residential Income
Status Sold
SqFt 1612
Lot Size (SqFt) 6021
Lot Size (Acres) 0.1382
Year Built 1940
Interior
Total # of Baths 2
Total # of Bedrooms 4
Exterior
# Parking Spaces 2
Parking Desc None
Add'l Structures None
Amenities / Utilities
Equipment Range/Oven, Refrigerator, Dishwasher
Location
County Los Angeles
Zoning CORL*
APN 6146-005-008
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 2300
Unit 1: # Beds 2
Unit 1: Rent 1900
Unit 2: Rent 2940
Unit 2: Furnished No
Unit 2: Projected Rent 3300
Unit 2: # Beds 3
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 2940
Unit Type 2106, 2107
Unit 1: Actual Rent 1900
Total # Of Buildings 2
Net Operating Income 44926
Annual Rent 58080
Cap Rate 6.42
Vacancy Rate O
Gross Income 58080
Gross Operating Income 58080
Gross Rent Multiplier 12.05
Total Annual Expenses 13154
$694K
Range: $617K-$770K
Last 30 days 
  • Jul 2024
    mls logo MLS # 24-377099
  • Jul 26, 2024 Sold
  • Jul 5, 2024 Active
  • Apr 26, 2024 Listed
    $700,000
  • 823 W 131st St
    $740K
  • Compton N Of Rosecrans, E Of Central
  • 90222
    $609K +1% y/y
  • Compton
    $609K -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
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Source: GreatSchools.org © 2026. All rights reserved.

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