See all 5 photos
5 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,100,000
Est. payment /mo
4 Beds
4 Baths
7,197 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25166662
Bedrooms 4
Lot Size 7,197 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present an excellent opportunity to acquire a stabilized, income-producing 6-unit property featuring a diverse unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (3) large Studio units, appealing to a broad tenant base. Compton follows AB-1482, there is no localized rent control. The property is gated and provides tenants with onsite garage parking, including (3) 2-car garagesoffering future ADU conversion potential (buyer to verify) for added value and income upside. Landlord expenses are minimal thanks to a RUBS utility billing system and separate gas and electricity metering for each unit, ensuring operational efficiency. With a GRM of 9.28 and a Cap Rate of 8.03%, this asset provides strong in-place cash flow from day one, with upside potential in rental income. At only $183K per unit, its priced to sellan excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Rosecrans Ave. West of Alameda St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6157022007
Read Less Info
Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY
NEARBY SCHOOL & BUSINESS
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
GET MORE INFORMATION