4244 E Compton
Compton, CA, 90221 $ 1,500,000
Baths1.0 Sq 4,236 Monthly Estimate*
$ 9,236
Listed by MARCUS & MILLICHAP
Studio for $1,500,000 with 1 full bath. This 4,236 square foot home was built in 1948 on a lot size of 0.2537.
*** Seller Financing. Call or Text for Offering Memorandum *** Pleased to exclusively present the opportunity to acquire a multifamily investment property located at 4244 East Compton Boulevard in unincorporated Los Angeles County, a dense infill supported by a large and stable workforce population. Originally constructed in 1948, the building area is 4,236 square feet and situated on a 11,051 square foot parcel. There is rent control in unincorporated Los Angeles County (buyer to verify). The asset features a functional unit mix of nine total apartments, including seven one-bedroom/one-bathroom units and two studio units, which is well-suited to meet the area’s demand for attainable workforce housing. Each unit is individually metered for gas and electricity and provides onsite open space parking. Recent capital improvements include a new roofs and plumbing, enhancing the overall condition of the asset. Notably, the offering includes seller financing with a 30% down payment, payable at 6% interest only, due in five years, providing investors with favorable leverage, increased cash flow and a compelling alternative to conventional financing. Compton continues to emerge as a compelling multifamily investment market within Los Angeles County, benefiting from its centralized location and accessibility to major employment centers. The city is strategically positioned near key transportation corridors including Interstate 710, State Route 91, and Interstate 105, providing direct connectivity to the Ports of Los Angeles and Long Beach, as well as surrounding industrial, logistics, and distribution hubs that drive local employment. The immediate area offers a wide range of neighborhood-serving retail, grocery centers, schools, parks, and community facilities, supporting a highly functional day-today living environment for residents. Additionally, access to public transportation and major arterial corridors further enhances the location’s appeal for a commuter based tenant base. Situated along Compton Boulevard, a primary commercial corridor with strong daily traffic and retail presence, the property benefits from excellent visibility and proximity to essential services. The combination of location, durable workforce housing demand, and recent capital improvements positions the asset for stable cash flow and long-term appreciation within one of Southern California’s most supply-constrained rental markets.
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FeaturesGeneralSewer Public Sewer
Cooling Wall/Window Unit(s)
Garage Spaces 0
Pool Features None
Year Built 1948
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 159156
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 100608
Operating Expense 53773
Insurance Expense 9000
New Construction false
Property Type Residential Income
MaintenanceExpense 7957
Garage Y/N false
Special Listing Conditions Standard
Status Pending
Directions Positioned near key transportation corridors including Interstate 710 State Route 91 and Interstate 105
City Compton
Entry Location Drive By
Senior Community Y/N false
Number Of Units Total 9
MLS Area RO - Compton S of Rosecrans E of Alameda
Lot Size Units Square Feet
Lot Size Square Feet 11053
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 5996
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 4
Property Sub Type Additional Apartment
Taxes 22950
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InteriorTotal Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Laundry Features None
Entry Level 1
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ExteriorWater Source Public
Total Parking 9
Lot Size Area 11053
Number of Buildings 5
Building Area Total 4236
Lot Size Acres 0.2537
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded FeaturesList Bydoug.mccauley@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,236
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Compton, CA
Average List Price $1,061,556
Percent of Sale Price 29%
About Compton, CA 98,490 Population
5% Since 2002
$ 46,530 Median Income
31.15 Median Age
42% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/7/2026 | $1,500,000 | | Listed Price |