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Sold for $1,455,000
  • Listed by: MARCUS & MILLICHAP • Douglas McCauley • Contact: 626-695-6776
    Bought with: MARCUS & MILLICHAP
    $1,455,000

    4244 E Compton Blvd, Compton, CA 90221

    7beds
    9baths
    4,236sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $343/sqft
    $1,879 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,879/mo

    Zestimate® history
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    What's special

    Excellent visibilityOnsite open space parkingNew roofsNine total apartmentsTwo studio units
    *** 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 5% 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas McCauley 626-695-6776,

    MARCUS & MILLICHAP,

    David Covarrubias DRE #01941403,

    MARCUS & MILLICHAP

    Bought with:

    David Covarrubias

    MARCUS & MILLICHAP

    Douglas McCauley

    MARCUS & MILLICHAP

    Source: CRMLS,MLS#: CV26072033MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 9
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,236
    • Total interior livable area: 4,236 sqft

    Property

    Parking
    • Total spaces: 9
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Drive By
    • Pool features: None
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 6180010004
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Compton

    Financial & listing details

    • Price per square foot: $343/sqft
    • Tax assessed value: $463,179
    • Date on market: 4/3/2026
    • Cumulative days on market: 150 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    9/29/2026Sold$1,455,000-3%$343/sqft
    Source: CRMLS #CV26072033 Report a problem
    9/8/2026Pending sale$1,500,000$354/sqft
    Source: CRMLS #CV26072033 Report a problem
    4/16/2026Listed for sale$1,500,000$354/sqft
    Source: CRMLS #CV26072033 Report a problem
    4/10/2026Pending sale$1,500,000$354/sqft
    Source: CRMLS #CV26072033 Report a problem
    4/3/2026Listed for sale$1,500,000+8008.1%$354/sqft
    Source: CRMLS #CV26072033 Report a problem
    3/6/2002Sold$18,500$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $463,179 +2%
    2025$10,528 +4.5%$454,104 +2%
    2024$10,075 +5.3%$445,207 +2%
    2023$9,566 +4.7%$436,484 +2%
    2022$9,135 -0.8%$427,933 +2%
    2021$9,210 +1.3%$419,549 +1%
    2020$9,093 $415,251 +2%
    2019$9,093 +4.7%$407,116 +2%
    2018$8,683 $399,140 +2.1%
    2017$8,683 +2.8%$391,020 +2%
    2016$8,444 +2.1%$383,354 +1.5%
    2015$8,272 +4.4%$377,596 +2%
    2014$7,921 $370,201 +5%
    2009-- $352,411 +4%
    2007-- $338,728 +2%
    2006-- $332,088 +4%
    2004-- $319,194 +1.9%
    2003-- $313,344
    Find assessor info on the county website

    Neighborhood: East Compton

    Nearby schools

    GreatSchools rating
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