308 N Culver Ave is a three unit apartment complex located near down town Compton. Property is NOT subject to LA City rent control and rents can be increased 10% annually. Constructed in 1963 and sitting on a large 6,614 SF Lot Zoned COPRH. Property consists of 3 separate bungalow style buildings. Front building Apt# A is a 2 Bedroom/1 Bath unit, Apt# B is 2 Bedroom/1 Bath Unit with two single car garages attached, and Apt# C is a 2 Bedroom/1 Bath unit with 1 single car garage attached. Front unit can be delivered vacant. Apt#B is rented at $1,730, Apt#C is rented at $2,200. The property has ample on-site parking with 2 car per unit. This investment presents a tremendous value-add opportunity at 11.59 GRM and 6.14% Cap Rate on current rents. All units are separately metered for gas and electricity. Two tenants are all on month to month leases and one unit is in a rent ready condition. There is about 42% upside potential in rental income.
Sold for $875,000
Listing Provided by:
Evelyn Baez Gonzalez DRE #02103055 951-902-3006,
Lyon Stahl Investment Real Estate, Inc.,
Olga Wright DRE #01315042 310-606-2076,
Lyon Stahl Investment Real Estate, Inc.
Bought with: Pinpoint Realtors
$875,000
308 N Culver Ave, Compton, CA 90220
6beds
3baths
2,448sqft
Triplex
Built in 1963
-- sqft lot
$953,100 Zestimate®
$357/sqft
$2,863 Estimated rent
Home value
$953,100
$896,000 - $1.02M
$2,863/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: January 29, 2026 at 01:31pm
Listing Provided by:
Evelyn Baez Gonzalez DRE #02103055 951-902-3006,
Lyon Stahl Investment Real Estate, Inc.,
Olga Wright DRE #01315042 310-606-2076,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Luis Aguiar, DRE #02033709
Pinpoint Realtors
Source: CRMLS,MLS#: SB23104427
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Bedroom
- Features: All Bedrooms Down
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Entry location: ground
- Pool features: None
- Spa features: None
- Fencing: Wire
- Has view: Yes
- View description: None
Lot
- Size: 6,614 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6157015024
- Zoning: COPRH*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Asbestos
- Foundation: Combination
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & neighborhood
Community
- Community features: Biking, Curbs, Street Lights, Sidewalks, Urban
Location
- Region: Compton
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2023 | Sold | $875,000$357/sqft |
Source:  CRMLS #SB23104427 Report a problem | ||
| 7/31/2023 | Pending sale | $875,000$357/sqft |
Source: CRMLS #SB23104427 Report a problem | ||
| 7/10/2023 | Price change | $875,000-1.1%$357/sqft |
Source: CRMLS #SB23104427 Report a problem | ||
| 6/28/2023 | Price change | $885,000-6.8%$362/sqft |
Source: CRMLS #SB23104427 Report a problem | ||
| 6/13/2023 | Listed for sale | $950,000+88.1%$388/sqft |
Source: CRMLS #SB23104427 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,049 -0.5% | $892,500 +2% |
| 2024 | $15,131 +141% | $875,000 +228.8% |
| 2023 | $6,279 +25.5% | $266,102 +2% |
Find assessor info on the county website
Neighborhood: 90220
Nearby schools
GreatSchools rating
- 8/10Dickison Elementary SchoolGrades: K-8Distance: 0.5 mi
- 5/10Compton High SchoolGrades: 9-12Distance: 1.1 mi
- 9/10Davis Middle SchoolGrades: 6-8Distance: 0.6 mi
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Estimated market value
$953,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$953,100
- California
- Los Angeles County
- Compton
- 90220
- 308 N Culver Ave