1401 S Willowbrook Ave - Apartments FOR SALE


Compton, CA 90220
$1,200,000 USD
310-259-7556
1401 S Willowbrook Ave, Compton, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/10
null | 4.52% Cap Rate

1401 S Willowbrook Ave
Compton, CA 90220


HIGHLIGHTS

  • Renovated 4plex + Land on an oversized 9,794 sqft corner lot
  • Detached 4 Bedroom house - Perfect for owner-user
  • Incredible opportunity to build4 ADUs in rear utilizing SB1211 ADU law passed this month
  • Unit mix of (1) 4Bed+2Bath house and (3) 1Bed+1Bath units with opportunity build (3) ADUs
  • Over 166% upside in market rents once ADUs are built
  • New renovations include: new stucco/paint, water heaters, wrought iron fencing, landscaping, copper plumbing, concrete walkway & decking upstairs, sto

OVERVIEW

Remodeled 4 Bedroom house plus three additional income units plus land available. This renovated 4-plex comes with an oversized 9,794 sqft lot with a large undeveloped area perfect for building ADU's. Great cashflow asset with tremendous upside. There is over 166% upside in rental income once the ADUs are built out. Renderings (only) for ADU's are available in the marketing deck. A New owner can build ADUs on open area and convert the current storage/laundry to an ADU. 1401 S Willowbrook Ave is comprised of (1) 4Bed+ 2 Bath home and (3) 1Bed+1Bath. All units have been remodeled including flooring, countertops, paint, doors, appliances, etc. There is also copper plumbing throughout the building, as well as upgrades to exterior stucco and paint, wrought iron fencing with sliding security gates, concrete walkways, decking upstairs and water heaters. Each tenant has gated parking and large private walk-in storage rooms accessible through laundry room. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! 5% down, FHA, VA, NACA, All program loans accepted.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$491 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

4.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1402 S Willowbrook Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

6163-011-022

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.