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- MLS#SB21051285
- TypeIncome
- CountyLOS ANGELES
- CityCompton
- AreaCompton S of Rosecrans - E of Central - W of Ala
- Zip90220
- StyleMixed Use
- Price$ 1,749,999
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Isaac Rosales with Berkshire Hathaway Home Srvs.
Data Source:
CRMLS
Property Description
!OPPORTUNITY ZONE PROPERTY! GREAT CASH FLOW! This 8 unit multifamily complex is fully stabilized, and requires low maintenance. - A perfect 1031 Exchange property. Tenants enjoy the 8 spacious one bedroom units, each with their own stainless steel appliances and a community laundry room. There is an onsite property manager to address any tenant issues making property management effortless for new owners. Property was fully renovated giving buyers the advantage of acquiring an investment of a low maintenance building. Tenants have the security of having private parking in rear area of property. This submarket offers high density of renters resulting in a low vacancy rate due to high demand of housing. Property is located in up and coming part of Downtown Compton near the Courthouse.
Price History | |
---|---|
3/11/2021 | Listed $1,749,999 |
General Features
Community Features | Street Lights |
---|---|
Electric | Standard |
Levels | Two |
MLS Area | RP - Compton S of Rosecrans, E of Central, W of Ala |
Open Parking Spaces | 8 |
Pool Features | None |
Property SubType | Mixed Use |
Property Type | Residential Income |
Sewer | Public Sewer |
Terms | Cash, Conventional, 1031 Exchange |
Total Actual Rent | 13520 |
Total Units | 8 |
Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
Virtual Tour | https://drive.google.com/file/d/18JZmx_bi1Kg8znSXhzjEnhOedIzTrKpH/view?usp=drivesdk |
Virtual Tour | https://drive.google.com/file/d/18JZmx_bi1Kg8znSXhzjEnhOedIzTrKpH/view?usp=drivesdk |
Zoning | COPRH* |
Interior Features
Common Walls | No Common Walls |
---|---|
Laundry Features | Common Area, Laundry Room, Outside |
Exterior Features
Lot Features | 0-1 Unit/Acre, Front Yard, Yard |
---|---|
Lot Size Acres | 0.18 |
Lot Size Area | 7750 |
Lot Size Source | Appraiser |
Lot Size Square Feet | 7750 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 9 |
Number of Separate Gas Meters | 9 |
Number of Separate Water Meters | 1 |
Total Parking | 8 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool