12624-12700 Wilmington Avenue

Compton, CA 90222

$3,495,000
Price
30
Beds
18
Baths
12,122 Sq. Ft.
$288 / Sq. Ft.
12,122
Sq. Ft.
$288
per Sq. Ft.
a street view with tall buildings
a car parked in front of a house
a view of a car park in front of house
a view of a cars parked in front of a house
a view of a house with a yard
a view of a building with a car parked in front of it
an aerial view of beach and residential houses
an aerial view of a house
an aerial view of residential houses with outdoor space

Description

We are pleased to offer this fourteen unit investment opportunity, located in the County of Los Angeles. The unit mix consists of two 1+1, eight 2+1, and four 3+2 units. The investment consists of approximately 12,122 of rentable square feet and is situated on two adjacent parcels totaling approximately 29,359 square feet. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building...We are pleased to offer this fourteen unit investment opportunity, located in the County of Los Angeles. The unit mix consists of two 1+1, eight 2+1, and four 3+2 units. The investment consists of approximately 12,122 of rentable square feet and is situated on two adjacent parcels totaling approximately 29,359 square feet. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and seven of the units have recently been renovated. The building amenities include a large parking area with several spaces and driveway spots, an on-site laundry room generating additional income, and the property is separately metered for both gas & electricity. The 12700 Wilmington parcel is located in the H30 zone which allows you to build 30 units per acre of land. This allows a new investor to add five units by right and four additional ADUs (per county planner/buyer to verify).
  1. Listed by Griffin White • DRE #02031785 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 12624-12700 Wilmington Avenue

Zoning
LCR3*
Parcel Number
6152001004
Total Units
14.0
Living Area
12122
Source Living Area
Title Company
Area
Metropolitan South (C37)
Vacancy Rate
2%
Lot Size Area
29359
LISTING UPDATED: 01/28/2025 12:01 AM

Property Details for 12624-12700 Wilmington Avenue

StatusActive
MLS #25-486383
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1992
Lot Size0.67 AC / 29,359 SF
CountyLos Angeles County

Building Information for 12624-12700 Wilmington Avenue

Stories2Residences-Year Built1992Building Size-Lot Size0.67 AC / 29,359 SF

Property Information for 12624-12700 Wilmington Avenue

Community / Development
Community / Development
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $318,196
  • Net Operating Income: $208,833.00
  • Gross Income: $324,598
  • Cap Rate: 5.98%
  • Gross Rent Multiplier: $10.92
  • Total Annual Expense: 109363
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 29359
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 14
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-20-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,751.00
  • Unit Actual Rent: $1,751.00
  • Unit Projected Rent: $1,751.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,533.00
  • Unit Actual Rent: $1,533.00
  • Unit Projected Rent: $1,533.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,533.00
  • Unit Actual Rent: $1,533.00
  • Unit Projected Rent: $1,533.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,562.00
  • Unit Actual Rent: $1,562.00
  • Unit Projected Rent: $1,562.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,710.00
  • Unit Actual Rent: $2,710.00
  • Unit Projected Rent: $2,710.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,271.00
  • Unit Actual Rent: $2,271.00
  • Unit Projected Rent: $2,271.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,285.00
  • Unit Actual Rent: $1,285.00
  • Unit Projected Rent: $1,285.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,844.00
  • Unit Actual Rent: $1,844.00
  • Unit Projected Rent: $1,844.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,285.00
  • Unit Actual Rent: $1,285.00
  • Unit Projected Rent: $1,285.00
  • Like Units: 1
Unit 11 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,285.00
  • Unit Actual Rent: $1,285.00
  • Unit Projected Rent: $1,285.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,050.00
  • Unit Actual Rent: $2,050.00
  • Unit Projected Rent: $2,050.00
  • Like Units: 1
Unit 13 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,272.00
  • Unit Actual Rent: $2,272.00
  • Unit Projected Rent: $2,272.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118

Property History for 12624-12700 Wilmington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 12624-12700 Wilmington Avenue

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Martin Luther King Elementary School
Public - K to 6
Bunche Middle School
Public - 6 to 8
Centennial High School
Public - 9 to 12
Willowbrook Middle School
Public - 6 to 8
Rating
School
Distance
Martin Luther King Elementary School
PublicK to 6

Bunche Middle School
Public6 to 8

Centennial High School
Public9 to 12

Willowbrook Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 12624-12700 Wilmington Avenue, Compton, CA 90222

12624-12700 Wilmington Avenue is a multi-family home for sale in Compton, CA 90222. This property was listed for sale on January 20, 2025 by BRC Advisors- BH, it's currently listed at $3,495,000. This listing's school district is Compton Unified School District. Nearby schools include Martin Luther King Elementary School, Bunche Middle School and Centennial High School. 12624-12700 Wilmington Avenue is a 30-bed, 18-bath, 12,122 sqft multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.