Overview

Property ID: HZRS26206507
  • Apartment
  • Property Type
  • 6
  • Garages
  • 1962
  • Year Built

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.

  • Address Alondra
  • City Compton
  • State/county Los Angeles
  • Zip/Postal Code 90220

Details

Updated on September 21, 2026 at 11:09 pm
  • Property ID: HZRS26206507
  • Price: $1,399,000
  • Garages: 6
  • Year Built: 1962
  • Property Type: Apartment
  • Property Status: Residential Income
  • Listed by: Mark Perez
  • DRE #: 01279393
  • Contact Mail: mark@socalpropertiesteams.com
  • Brokered by: Circle Real Estate

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