5915 Compton Avenue
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Excellent and rare opportunity to acquire two individual single-family residences ideal for low-maintenance investment purposes. Leverage the mixed-use zoning to craft a lucrative development opportunity to potentially blend commercial, retail and residential units on the combined lot size of 5,601 square feet. This could be perfect for a business owner/user to operate on a street front location and have residential units above. Review the …
Description
Excellent and rare opportunity to acquire two individual single-family residences ideal for low-maintenance investment purposes. Leverage the mixed-use zoning to craft a lucrative development opportunity to potentially blend commercial, retail and residential units on the combined lot size of 5,601 square feet. This could be perfect for a business owner/user to operate on a street front location and have residential units above. Review the city of Florence-Firestone TOD Specific Plan for development options and verify all possible best uses. The location offers convenient access to freeways, USC, Downtown Los Angeles, LA Convention Center, LA Live & Crypto.com Arena. Must be purchased together with the property next door at 5913 Compton Ave. Photos depict both properties.
View full listing detailsListing Details
| Price: | $$499,000 |
|---|---|
| Address: | 5915 Compton Avenue |
| City: | Los Angeles |
| State: | California |
| Zip Code: | 90001 |
| MLS: | OC24005276 |
| Year Built: | 1921 |
| Square Feet: | 678 |
| Acres: | 0.067 |
| Lot Square Feet: | 0.067 acres |
| sewer: | Public Sewer |
|---|---|
| levels: | One |
| taxLot: | 5 |
| country: | US |
| taxBlock: | 2 |
| coolingYN: | no |
| laundryYN: | yes |
| entryLevel: | 1 |
| commonWalls: | No Common Walls |
| landLeaseYN: | no |
| lotFeatures: | Yard |
| lotSizeArea: | 2897 |
| waterSource: | Public |
| lotSizeUnits: | Square Feet |
| parcelNumber: | 6008023003 |
| pricePerUnit: | 499000 |
| entryLocation: | 1 |
| lotSizeSource: | Assessor |
| rentControlYN: | yes |
| totalExpenses: | 2900 |
| elevationUnits: | Feet |
| taxCensusTract: | 5328.00 |
| taxTractNumber: | 532... |
| newTaxesExpense: | 1700 |
| yearBuiltSource: | Assessor |
| insuranceExpense: | 1200 |
| operatingExpense: | 2900 |
| buildingAreaUnits: | Square Feet |
| numberOfBuildings: | 1 |
| netOperatingIncome: | 14860 |
| numberOfUnitsTotal: | 1 |
| propertyAttachedYN: | no |
| additionalParcelsYN: | no |
| average1BedAreaUnits: | Square Feet |
| average2BedAreaUnits: | Square Feet |
| average3BedAreaUnits: | Square Feet |
| grossScheduledIncome: | 17760 |
| listAgentStateLicense: | 01473012 |
| averageStudioAreaUnits: | Square Feet |
| listOfficeStateLicense: | 01932401 |
| coListAgentStateLicense: | 01493942 |
| coListOfficeStateLicense: | 00616212 |
| specialListingConditions: | Standard |
| numberOfSeparateGasMeters: | 1 |
| numberOfSeparateWaterMeters: | 1 |
| numberOfSeparateElectricMeters: | 1 |
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