9538 Compton, Los Angeles, California 90002, Los Angeles, 90002 - 6 bed, 4 bath
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Los Angeles, California 90002
This Versatile Quadruplex Asset is listed at $795,000, positioned near its $754,403 Fair Market Value reflecting the premium for renovated, vacant units in the Los Angeles market. Featuring a Good Condition Rating, the property includes two fully Renovated Units and two 2-bedroom units delivered vacant, offering immediate "house-hacking" flexibility. With Strong Income Potential from a mix of market-rate and legacy tenants, this property balances residential comfort with investment stability. It is an ideal acquisition for Owner-Occupants looking to offset their mortgage or Buy-and-Hold Investors seeking a turnkey multi-family asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9538 Compton Subject | $795,000* List Price | 6 | 4 | 1,780 | $424 | - |
A 9621 Laurel Sold | $685,000 | 0 | 0 | 1,645 | $416 | 0.9 mi |
B 1535 E 91st Street Sold | $820,000 | 5 | 3 | 2,294 | $357 | 0.3 mi |
C 854 E 87th Place Sold | $610,000 | 4 | 2 | 1,558 | $392 | 1.0 mi |
D 9602 Holmes Avenue Active | $639,900 List Price | 0 | 0 | 1,736 | $369 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1930s quadruplex has undergone significant recent renovations in at least two of the four units. Interior images reveal modern kitchens with white shaker-style cabinetry, stone countertops, and stainless steel appliances. The bathrooms have been updated with contemporary vanities and tiling, and new laminate flooring is present throughout the renovated spaces. While the property's age suggests some vintage infrastructure, the move-in ready condition of the vacant units and the high quality of the recent finishes justify a 'good' rating.
The property features a balanced mix of two 2-bedroom and two 1-bedroom units, providing flexibility for owner-occupants, multi-generational families, or diverse tenant profiles.
Two units, including a fully renovated 2-bedroom unit, are delivered vacant, allowing an owner-occupant to move in immediately or a landlord to lease at current market rates.
Multiple units have been fully updated with modern finishes, significantly reducing immediate capital expenditure requirements and increasing the property's aesthetic appeal.
Originally built in 1930, the property may have aging plumbing, electrical, or structural components that require more frequent maintenance compared to newer constructions.
The 3,430 sqft lot is relatively compact for a four-unit complex, which likely limits on-site parking availability and private outdoor space for tenants.
The presence of a long-term legacy tenant in a Los Angeles jurisdiction implies that rent increases and unit turnover are subject to strict local rent stabilization ordinances.
Exceptional opportunity to own a versatile four-unit property in Los Angeles, ideal for owner-occupants, multi-generational living, or buyers looking to offset their mortgage with rental income. This well-positioned property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, offering flexibility and strong income potential. Unit 9538 is fully renovated and vacant, featuring 2 bedrooms, 1 bath, modern finishes, and a dedicated parking space, move-in ready for an owner-occupant or immediate market-rate rental. Unit 9542, the second 2-bedroom, 1-bath unit is in solid condition and will also be delivered vacant, creating additional flexibility for extended family or rental income. Unit 9542 1/2 is a 1-bedroom, 1-bath unit that has been fully renovated and is currently occupied at market rent, providing immediate income stability. Unit 9540, the remaining 1-bedroom, 1-bath unit is occupied by a long-term legacy tenant of over 10 years, offering consistent income with future upside potential. Whether you’re looking to live in one unit while generating rental income from the others, create a multi-generational living arrangement, or build long-term wealth through real estate, this property offers the perfect balance of lifestyle and investment. With renovated units, vacancy flexibility, and strong rental potential, this is a rare opportunity to secure both a home and an income-producing asset in Los Angeles. Don’t miss this versatile and value-driven property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 88% |
| Baths | 4.0 | 0.0 | 94% |
| Square foot | 1,780 | 2,243.5 | 44% |
| Lot Size | 3,430 | 4,479 | 38% |
| Price | $795.0K | $878.5K | 44% |
| Price per sq ft | $447 | $399 | 69% |
| Built year | 1930 | 1950 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 172 | 13% |
Feb 17, 2026
$795,000
Initial Listing
Dec 1, 2022
$695,000
Public Record
May 18, 2017
$460,000
Public Record
May 8, 2013
$270,000
Public Record
Nov 25, 2008
$175,000
Public Record