Compton, CA 90221,2201 E Compton Blvd
Compton, CA 90221,2201 E Compton Blvd
Compton, CA 90221,2201 E Compton Blvd
6
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$2,500,000
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16 Beds
15 Baths
10,209 SqFt
Pending

2201 E Compton Blvd Compton, CA 90221

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,209 sqft

Price per Sqft $244

MLS Listing ID 24-460525

Bedrooms 16

Year Built 1963

Lot Size 0.259 Acres

Acres 0.2594

Property Sub-Type Multi-Family

Property Description

We are pleased to offer 2201 E Compton Blvd, a 15-unit multifamily property in the city of Compton, CA. This two-story, secured, and gated courtyard-style building offers a strong unit mix, comprised of fourteen (14) one-bedroom/one-bath units and one (1) two-bedroom/one-bath units. Built in 1963, the property boasts 10,209 rentable square feet on an 11,297 square foot lot with 14 single-car garages for tenant convenience. Additionally, the property falls under AB-1482, California's statewide rent control, allowing annual increases of 5% plus CPI. Currently, the property operates with no subsidized tenants and offers 25% rental upside potential without the need for any subsidy programs. However, additional upside can be realized by tapping into subsidies like the Housing Choice Voucher (HCV) Program, with maximum voucher amounts reaching $1,921 for 1-bedroom units and $2,222 for 2-bedroom units, while ensuring smooth rent collection. Whether you choose to maintain the property's current operations or tap into subsidy programs to maximize returns while streamlining rent collection, this asset presents an opportunity to acquire a well position property in one of Compton's most densely populated areas with significant upside and long-term growth.

Location

State CA

County Los Angeles

Area Compton S Of Rosecrans, E Of Alameda

Zoning CORL*

Rooms

Other Rooms None

Interior

Heating Wall Electric

Cooling Wall Unit(s)

Equipment Other

Laundry None

Exterior

Parking Features Assigned, Garage - 1 Car

Garage Spaces 14.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Anderson K - 8 School

    Public | KG - 8

  • 8

    Lincoln Elementary School

    Public | KG - 5

  • 7

    Laurel Street Elementary School

    Public | PK - 8

  • 7

    Broadacres Avenue Elementary School

    Public | KG - 5

  • 7

    Thomas Jefferson Elementary School

    Public | PK - 8

  • 7

    Old River Elementary

    Public | 4 - 5

  • 6

    Colin Powell Academy

    Public | KG - 8

  • 6

    Starr King Elementary School

    Public | KG - 5

  • 6

    Colin P. Kelly Elementary School

    Public | KG - 8

  • 6

    Mark Twain Elementary School

    Public | KG - 6

  • 6

    Washington Elementary School

    Public | KG - 6

  • 6

    William Jefferson Clinton Elementary School

    Public | KG - 8

  • 6

    Will Rogers Elementary School

    Public | KG - 6

  • 6

    Keppel Elementary School

    Public | KG - 5

  • 6

    Hollydale School

    Public | KG - 8

  • 6

    Gaines Elementary School

    Public | KG - 3

  • 6

    McKinley Elementary School

    Public | KG - 5

  • 5

    Henry Wadsworth Longfellow Elementary School

    Public | PK - 8

  • 5

    Dickison Elementary School

    Public | KG - 8

  • 5

    Rosecrans Elementary School

    Public | KG - 6

Middle Schools 19
  • 7

    Stauffer Middle School

    Public | 6 - 8

  • 6

    Hamilton Middle School

    Public | 6 - 8

  • 6

    International Studies Learning

    Public | 6 - 12

  • 5

    Lynwood Middle School

    Public | 7 - 8

  • 5

    Lindbergh STEM Academy

    Public | 6 - 8

  • 5

    Frank J. Zamboni Middle School

    Public | 6 - 8

  • 5

    Paramount Park Middle School

    Public | 6 - 8

  • 4

    Lifeline Education Charter

    Public | 6 - 12

  • 3

    Franklin D. Roosevelt Middle School

    Public | 6 - 8

  • 3

    Chavez Middle School

    Public | 6 - 8

  • 1

    Willowbrook Middle School

    Public | 6 - 8

  • 1

    Frank L. Walton Middle School

    Public | 6 - 8

  • 1

    Davis Middle School

    Public | 6 - 8

  • 1

    Bunche Middle School

    Public | 6 - 8

  • 1

    Hosler Middle School

    Public | 7 - 8

  • 1

    Franklin S. Whaley Middle School

    Public | 6 - 8

  • 0

    Dorothy V. Johnson Community Day

    Public | 7 - 12

  • 0

    Compton Community Day Middle School

    Public | 6 - 8

  • 0

    Paramount Unified Community Day

    Public | 7 - 12

High Schools 15
  • 6

    Alliance Cindy and Bill Simon Technology Academy H

    Public | 9 - 12

  • 5

    Legacy STEAM High School

    Public | 9 - 12

  • 4

    Lynwood High School

    Public | 9 - 12

  • 4

    Legacy Visual & Performing Arts High School

    Public | 9 - 12

  • 3

    Marco Antonio Firebaugh High School

    Public | 9 - 12

  • 1

    Compton High School

    Public | 9 - 12

  • 1

    Jordan High School

    Public | 9 - 12

  • 1

    Dominguez High School

    Public | 9 - 12

  • 0

    Harriet Tubman High School

    Public | 9 - 12

  • 0

    Cesar Chavez Continuation High School

    Public | 9 - 12

  • 0

    Compton Community Day High School

    Public | 9 - 12

  • 0

    Compton Unified Regional Occupational Program

    Public | 9 - 12

  • 0

    Vista High (Continuation)

    Public | 9 - 12

  • 0

    Pathway Independent Study

    Public | 9 - 12

  • 0

    St Piusx-St.Matthias Academy

    Private | 9 - 12

School and business data provided by Attom Data.

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2201 E Compton Blvd