Residential Income – 1515 Rosecrans Ave, Compton, CA 90221, USA -001-11-30T00:00:00-08:00
Located in Compton, 1515 E. Rosecrans Ave is a courtyard style property comprised of 10 buildings (9 apartment buildings and 1 community center) sprawled over 2.5 acres of land. Built in 1986, this 86 unit apartment complex offers a great unit mix of 36 one-
1515 Rosecrans Ave, Compton, CA 90221, USA
$21,295,000 USD
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Address1515 East Rosecrans Avenue, Compton
Price$21,295,000
Year Built1986
Bedrooms Total0
Living Area79,376
Lot Size (Sq.Ft.)117,214
Listing ID18416692
StatusActive
Parcel Number6184008022
ZoningCOCL-P
Special ConditionsStandard
Days on Market157

Detailed Description: Located in Compton, 1515 E. Rosecrans Ave is a courtyard style property comprised of 10 buildings (9 apartment buildings and 1 community center) sprawled over 2.5 acres of land. Built in 1986, this 86 unit apartment complex offers a great unit mix of 36 one-bedroom one-bath units, 16 two bedroom two-bath units, 30 three-bedroom two-bath units, and 4 four-bedroom three-bath units. All three-bedroom and four-bedroom units are townhouse units with patio and central AC. Each type of unit is of identical size.

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Address Information
Address1515 East Rosecrans Avenue, Compton
Street PrefixEast
Street SuffixAvenue
CityCompton
Location (MLS Area)RN – Compton N of Rosecrans, E of Central
County Or ParishLos Angeles
State or ProvinceCA
Postal Code90221
Financial Information
Price per Square Foot$268.28
Price per Lot Square Foot$181.68
Special ConditionsStandard
Total Expenses$538,518
Gross Operating Income$1,655,981
Net Operating Income$1,117,463
Gross Multiplier12.47%
Improvements Amount$2,894,619
Land Value$1,157,840
Tax Year2000
Full Descriptions
Parcel Number6184008022
Detailed DescriptionLocated in Compton, 1515 E. Rosecrans Ave is a courtyard style property comprised of 10 buildings (9 apartment buildings and 1 community center) sprawled over 2.5 acres of land. Built in 1986, this 86 unit apartment complex offers a great unit mix of 36 one-bedroom one-bath units, 16 two bedroom two-bath units, 30 three-bedroom two-bath units, and 4 four-bedroom three-bath units. All three-bedroom and four-bedroom units are townhouse units with patio and central AC. Each type of unit is of identical size.
Lot FeaturesSprinklers None
Laundry FeaturesSee Remarks
Cooling DescriptionSee Remarks
Parking FeaturesUncovered, Subterranean
Property parameters
Year Built1986
Living Area (Sq.Ft.)79,376
Lot Size (Sq.Ft.)117,214
Lot Size (Acres)2.691
Number of Buildings1
Number of Units Total86
ZoningCOCL-P
Stories Total2
Units Total86
Cap Rate (For Cash Payment Only)5.25
Listed withHenry Garcia (Keller Williams Studio City)