An incredible investment opportunity in the heart of Compton! This multifamily property boasts six units encompassing 3,744 square feet of living space. Perfectly positioned for steady rental income, the layout offers spacious and functional units that attract long-term tenants. The property features a charming facade, ample parking, and individual entrances for privacy and convenience. Located in a vibrant and growing area, this property benefits from proximity to schools, shopping, and transportation hubs. Whether you're an investor looking to expand your portfolio or a first-time buyer seeking a multifamily property, this is an unparalleled opportunity to secure a reliable income-producing asset in a highly desirable rental market.
The income description goes here to explain
List Price | $1,075,000 |
Property Type | Multi-Family |
Usable Sqft | 3,744 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1955 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 6181025006 |
MLS # | 25484579 |
Property ID | 292177608 |
Lot Sqft | 9,235 |
Zoning | LCR3YY |
Total Units | 6 |
Days on Market | 2 |
Original List Price | $1,075,000 |
Date Updated | January 16, 2025 |
Date Created | January 16, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | 1 | 1.00 | $1,103 | $1,103 |
Unit #2 | 2 | 1.00 | $2,600 | $2,600 |
Unit #3 | 1 | 1.00 | $1,500 | $1,500 |
Unit #4 | 1 | 1.00 | $938 | $938 |
Unit #5 | 1 | 1.00 | $1,052 | $1,052 |
Unit #6 | 1 | 1.00 | $1,492 | $1,492 |
Gross Income (Yr) | $ 104,225 |
Operating Expenses | $ 25,602 |
Net Income (Yr) | $ 78,622 |
Cap Rate | 7.31% |
Melissa Urena an agent of JohnHart Corp.. Lic #01900591
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT