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ZIP CODE 90002

$670,000
3 Beds 2 Baths CV26182256 MLS
Welcome to 8811 Mary Ave! This beautifully updated 3 bedroom, 2 bathroom home offers a functional open floor plan where the living room and kitchen flow seamlessly together, creating a bright and inviting living space. The home features vinyl flooring, recessed LED lighting, double pane windows, and a spacious kitchen with soft close cabinets and drawers, granite countertops, and plenty of space for everyday cooking and entertaining. All three bedrooms feature ceiling fans, while the primary bedroom includes its own private full bathroom with ceramic tile shower walls and flooring. Outside, enjoy a desert landscaped front and side yard featuring aloe vera, succulents, and palm trees, along with a large backyard shaded by mature trees with plenty of space to entertain, relax, or explore future possibilities. The long driveway provides ample off street parking. Additional features include washer and dryer hookups and motion sensor lighting along the side and rear of the home. Conveniently located in South Los Angeles near local parks, schools, grocery shopping, and public transportation, with easy access to Central Avenue, Firestone Boulevard, and major routes connecting throughout Los Angeles. Situated on an LCR2 zoned lot, this property offers a great combination of space, convenience, and potential. Whether you're looking for a place to call home or your next investment opportunity, 8811 Mary Ave is a must see!

8811 Mary Avenue, Los Angeles

Listing courtesy of Listing Agent: Kevin Estrada (Kevin@FundedByKevin.com) from Listing Office: The Kasa Agency Inc..

$1,000,000
15 Beds 9 Baths 26873509 MLS
We are pleased to present the opportunity to acquire 9021 Compton Ave, a 5-unit multifamily investment located in the Florence-Firestone neighborhood of South Los Angeles. The property offers investors the opportunity to acquire an income-producing asset with significant capital improvements already completed, approximately 56% rental upside, and pricing below replacement cost.Originally constructed in 1959, the property consists of a two-story apartment building situated on a 7,028-square-foot lot. Originally configured as a 7-unit property, the building was legally reconfigured into its current 5-unit layout to create larger, family-oriented units. While the assessor reflects approximately 3,911 square feet, the actual building size is approximately 4,500 square feet (Buyer to Verify). The attractive unit mix consists of (1) 1-bedroom/1-bathroom units, (2) 3-bedroom/2-bathroom units, and (2) 4-bedroom/2-bathroom units, providing a highly desirable unit mix that continues to attract strong tenant demand.Current ownership has completed numerous capital improvements that significantly reduce near-term capital expenditures, including a new roof, new electrical subpanel, copper electrical wiring throughout, copper water piping serving each unit, fresh exterior paint, and renovations to two units. Additionally, individual water meters have been installed for all five units, with two units already billing water directly to the tenants, providing future ownership with the opportunity to further reduce operating expenses through utility reimbursement.The property is fully gated from both the front and rear and benefits from convenient alley access to the main parking area. On-site parking includes four covered carport spaces in addition to several open parking spaces. Investors may also explore the potential for an ADU conversion or other value-add opportunities utilizing the existing parking configuration, subject to buyer investigation and approval.Located just four blocks south of Firestone Boulevard, one block west of Alameda Street, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles.

9021 Compton Ave, Los Angeles

Courtesy of Marcus & Millichap, Sevak Keshishian - CA DRE#01887505

$1,000,000
15 Beds 9 Baths 26873509 MLS
We are pleased to present the opportunity to acquire 9021 Compton Ave, a 5-unit multifamily investment located in the Florence-Firestone neighborhood of South Los Angeles. The property offers investors the opportunity to acquire an income-producing asset with significant capital improvements already completed, approximately 56% rental upside, and pricing below replacement cost.Originally constructed in 1959, the property consists of a two-story apartment building situated on a 7,028-square-foot lot. Originally configured as a 7-unit property, the building was legally reconfigured into its current 5-unit layout to create larger, family-oriented units. While the assessor reflects approximately 3,911 square feet, the actual building size is approximately 4,500 square feet (Buyer to Verify). The attractive unit mix consists of (1) 1-bedroom/1-bathroom units, (2) 3-bedroom/2-bathroom units, and (2) 4-bedroom/2-bathroom units, providing a highly desirable unit mix that continues to attract strong tenant demand.Current ownership has completed numerous capital improvements that significantly reduce near-term capital expenditures, including a new roof, new electrical subpanel, copper electrical wiring throughout, copper water piping serving each unit, fresh exterior paint, and renovations to two units. Additionally, individual water meters have been installed for all five units, with two units already billing water directly to the tenants, providing future ownership with the opportunity to further reduce operating expenses through utility reimbursement.The property is fully gated from both the front and rear and benefits from convenient alley access to the main parking area. On-site parking includes four covered carport spaces in addition to several open parking spaces. Investors may also explore the potential for an ADU conversion or other value-add opportunities utilizing the existing parking configuration, subject to buyer investigation and approval.Located just four blocks south of Firestone Boulevard, one block west of Alameda Street, and only one block from the Metro A Line, the property benefits from excellent access to public transportation, major employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout Los Angeles.

9021 Compton Avenue, Los Angeles

Listing courtesy of Listing Agent: Sevak Keshishian (skeshishian@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.