106 E Raymond, Compton, California 90220, Compton, 90220 - bed, bath
ACTIVE$980,000
106 E Raymond, Compton, California 90220
0Bed
0Bath
3,240Sqft
7,959Lot
Year Built
1963
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
CV25242658
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $980.0K(73th), sqft - 3240(73th), beds - undefined(50th), baths - undefined(50th).
Excellent Investment Opportunity in Central Compton area Well-maintained 4-unit multifamily property located in a highly desirable and convenient area of Los Angeles. Property features include ample on-site parking, separately metered utilities, and a low-maintenance exterior. Central location near Downtown LA, Koreatown, Mid-City, and major freeways (10, 110, 101) provides easy access to shopping, dining, entertainment, and public transportation. Strong rental demand area with great potential for steady income and long-term appreciation.
Price History
Date
Event
Price
10/20/25
Listing
$980,000
07/31/98
Sold
$182,500
Condition Rating
Poor
Built in 1963, this property is over 60 years old. While the description states 'well-maintained,' the exterior images reveal an aged structure with visible wear, such as stained stucco and a cracked concrete driveway. The lack of interior photos makes a direct assessment of kitchens and bathrooms impossible, but given the property's age, it is highly probable that these areas, along with major systems (electrical, plumbing, HVAC), are significantly outdated and would require substantial repairs and rehabilitation to meet current standards or tenant expectations. This goes beyond 'minor updates' and aligns with the 'Poor' condition criteria.
Pros & Cons
Pros
Investment Potential: Positioned as an 'Excellent Investment Opportunity' in a 'Strong rental demand area,' offering potential for steady income and long-term appreciation.
Strategic Location & Accessibility: Centrally located in Compton, a 'highly desirable and convenient area of Los Angeles,' with easy access to Downtown LA, Koreatown, Mid-City, major freeways (10, 110, 101), shopping, dining, entertainment, and public transportation.
Multifamily & Operational Efficiency: A well-maintained 4-unit multifamily property (Quadruplex) with separately metered utilities and a low-maintenance exterior, simplifying landlord management and reducing operational costs.
Tenant Amenities: The property features ample on-site parking, a significant advantage in urban areas that enhances tenant appeal and convenience.
Property Type: As a residential income property (Quadruplex), it offers diversified income streams and potential for higher returns compared to single-family homes.
Cons
Property Age & Potential Capital Expenditures: Built in 1963, despite being 'well-maintained,' an older property may require future capital expenditures for aging systems (e.g., plumbing, electrical, roof) not explicitly detailed as updated.
Absence of Financial Performance Data: The listing lacks specific details on current rental income, occupancy rates, or lease terms, which are crucial for investors to accurately assess immediate cash flow and return on investment.
Unspecified Interior Unit Condition: While the overall property is described as well-maintained, the listing does not provide details on the interior condition or recent upgrades of the individual units, potentially implying dated interiors that may require renovation to maximize rental income.