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, it’s priced to sellan excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.
| MLS # | CV25166662 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1952 |
| Days On Site | 398 |
| Listing Provided By | RE/MAX 2000 REALTY | Kristopher German |
| SQ Feet | 3,074 |
|---|---|
| Garage | 6 |
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 2 |
| Zoning | COPRH* |
| Acreage | 0.17 |
| Property View | None |
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Fencing | Wrought Iron |
| Parking Features | Door Multi, Garage |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90220 |
| Area | RP Compton S of Rosecrans | E of Central | W of Ala |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90220 |
| Area | RP Compton S of Rosecrans | E of Central | W of Ala |