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$1,058,888
Est. payment /mo
7,197 Sqft Lot
UPDATED:
10/17/2024 08:54 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS24211655
Originating Board California Regional MLS
Year Built 1929
Lot Size 7,197 Sqft
Property Description
Investment Opportunity: Introducing this Prime Multi-Family income property that's been well-maintained. This property presents a compelling investment opportunity in the densely populated, and thriving Compton rental market * Gross income of $101,616 annually and 6.3% Cap rate is top market revenue producer at offering price renders ideal levered and unlevered returns * Desirable Unit Mix: Two three-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. * Prime Location: Conveniently situated near schools, shopping centers, and major transportation routes, ensuring strong tenant demand. * Growth Potential: Compton's growing population and rising rental rates make this property an excellent long-term investment. Investment Highlights: * Stable Cash Flow: The property's established rental history and consistent income provide a reliable return on investment. * Value-Add Potential: Explore opportunities to enhance the property's value through renovations or additional amenities. * Strong Market Demand: The growing demand for rental housing in Compton makes this property a desirable asset.
Location
State CA
County Los Angeles
Area Rn - Compton N Of Rosecrans, E Of Central
Interior
Laundry In Laundry Room, Community Facility
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 6157017025
Special Listing Condition Not Applicable
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© 2024 MLSListings Inc. All rights reserved.
Listed by Isaac Rosales • Executive Bankers Realty
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