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Closed
- Listed price
- $875,000
- Listed Jun 12, 2023
- Sold price
- $875,000
- Sold Aug 16, 2023
6,614 sqft lot|1963 Built|31 MLS days on market
308 N Culver Ave, Compton, CA 90220
Property Description
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.
Listing agent: Evelyn Baez GonzalezDRE #02103055evelyn@lyonstahl.com, Listing office: Lyon Stahl Investment Real Estate, Inc.
MLS data updated 10/22/2026, 1:55:20 PM PT
Source: CRMLSMLS #: SB23104427
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$875,000
Aug 16, 2023
Available records32023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$875,000Closed sale · Aug 16, 2023ZIP 90220 · Aug 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 3 price recordsJun 12, 2023 – Aug 16, 2023
ZIP 90220 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.