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For sale
  • Listed by: MARCUS & MILLICHAP
    $1,500,000

    4244 E Compton Blvd, Compton, CA 90221

    7beds
    9baths
    4,236sqft
    : 
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    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $354/sqft
    $-- HOA

    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.
    79 days
    |
    120
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas McCauley 626-695-6776,

    MARCUS & MILLICHAP,

    David Covarrubias DRE #01941403,

    MARCUS & MILLICHAP

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

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      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: $354/sqft
      • Tax assessed value: $454,104
      • Annual tax amount: $10,528
      • Date on market: 4/3/2026
      • Cumulative days on market: 79 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,865/mo

        Price history

        DateEventPrice
        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
        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

        Monthly payment

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          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: East Compton

          Nearby schools

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