Los Angeles, CA90001
| 6700 sqft | MLS# 25551969
Tract:
For Sale $1,650,000
Description
We are pleased to present a mixed-use investment opportunity at 6101 Compton Ave, a corner lot in South Los Angeles on E 61st St and the main thoroughfare of Compton Ave. The property consists of five residential units including a single, two 1+1's, a 2+1, and a 3+2; the three-bedroom is currently vacant; there are also five retail spaces on the ground floor that benefit from the foot and car traffic along Compton Ave; two of the retail spaces are currently vacant. Unique opportunity to purchase an asset with both residential and retail components; strong cash flow potential with a projected 7.33% CAP rate when the vacancies are rented and the building is stabilized. Located just north of the Gage Village Shopping Center, home to corporate retail tenants such as El Super, Starbucks, Chase Bank, and Carl's Jr, among others. Close proximity to retail and industrial employment hubs in the neighborhoods of South LA, Huntington Park, Vernon, and the Alameda corridor. Less than a half-mile from the Metro A rail line as well as multiple Metro local bus lines along Compton Ave.
Facts
| Built in 1929 | Lot Size: 6606.00 sqft | HOA Dues: $0/month
Features
Listing provided by Neema Ahadian, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of June 17, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.