6101 Compton Ave Los Angeles, CA 90001

$1,000,000 Sold Price as of 11/20/2017

-- Beds
-- Baths
6,700 Sq.Ft.

Off Market

$1,000,000 Sold Price as of 11/20/2017 Refinance Your Mortgage

Property Overview: 6101 Compton Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 6,700 living square feet and 6,606 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6101 Compton Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 6101 Compton Ave

Last sold for $1,000,000 on November 20th, 2017

August, 2024
Aug 28, 2024

Date

Canceled

CRMLS: 24399327

$1,400,000

Price
Jun 3, 2024

Date

Active

CRMLS: 24399327

$1,650,000

Price
Listing provided courtesy of CRMLS

*** $250,000 price reduction from original listed price *** 6101 Compton is a 9-unit mixed-use property, located 1.5 miles from Plaza la Alameda, that is offered at a 8.44% CAP and 7.90 GRM on current rents. Built in 1929, this value-add opportunity features a 9-unit mixed-use property comprised of (1) 3-bdrm. unit, (1) 2-bdrm. unit, (2) 1-bdrm. units, a studio unit, and 4 ground-floor commercial spaces. Please note, there are 2 VACANT commercial units. The property currently generates approx. $14,759 in monthly gross income. 6101 Compton is offered at $155,556 per unit and $209 per foot. This mixed-use property is 1.5 miles from Plaza La Alameda, a community center (opened in 2008) that is home to 220,000 SF of retail space and 18,000 SF of office space. Notable tenants include CVS Pharmacy, Petco, Ross, Marshalls, Dollar Tree, Big 5, Bank of America, and more. In addition, the property is 1.5 miles from the heart of Pacific Blvd - the commercial hub of Huntington Park. 6101 Compton can be purchased individually or as part of a 5-property South LA portfolio - please contact LA1 for more info.

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November, 2017
Nov 21, 2017

Date

Sold

CRMLS: 17285840

$1,000,000

Price
Nov 10, 2017

Date

Pending

CRMLS: 17285840

$1,025,000

Price
Nov 1, 2017

Date

Active

CRMLS: 17285840

$1,025,000

Price
Listing provided courtesy of CRMLS

We are pleased to present this nine (9) unit (buyer to verify) Mixed-Use building located in Florence, California which is an unincorporated community in Los Angeles that is not subject to rent control. The property is located north of Florence Avenue and east of the 110 Freeway. This two (2) story Mixed-Use investment features four (4) commercial units on the ground floor and four (4) residential units on the second floor. As per title, there are 9 units at the property, but this investment opportunity is currently operating as 8 units (buyer to verify).Built in 1929, this 6,700SF property sits on a 6,743SF lot zoned LCM1*. This property is a great Non-Rent Controlled asset with an attractive CAP Rate, 100% occupancy, and on-site parking which either an Investor can take advantage of by remodeling and raising the rents or for an Owner/User to operate out of one of the retail units while collecting strong rents from the other tenants.

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November, 2017
Nov 20, 2017

Date

Sold (Public Records)

Public Records

$1,000,000

Price
June, 2013
Jun 10, 2013

Date

Sold (Public Records)

Public Records

$395,000

Price

Tax History for 6101 Compton Ave

Assessed Value (2020): $1,040,400

Year	Land Value	Improved Value	Assessed Value
2020	$468,180	$572,220	$1,040,400

About 6101 Compton Ave

Detailed summary of property

6101 Compton Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90001 and last sold on November 20, 2017 for $1,000,000. This property has -- bedrooms, -- bathrooms, roughly 6,700 living square feet, and sits on an approximately 6,606 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 10.71% lower than the current median priced home. 6101 Compton Ave was last sold on November 20, 2017 for $1,000,000. Local nearby listings include 12420 Verdi St, 733 Crane Blvd and 5764 San Vicente Blvd #404. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 6101 Compton Ave Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6101 Compton Ave

Public county record property details

Beds: --
Baths: --
Year built: 1929
Sq. Ft.: 6,700
Lot Size: 6,606
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 6008-029-001

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$589,000

Median List Price/Sq.Ft.

$551

Median Sold Price

$640,000

Median Sold Price/Sq.Ft.

$549

Total Inventory

Median Sale to List Price %

106.68%

Avg Days on Market

Loan Type

Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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(714) 706-1823

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