1714 E San Luis St - Apartments FOR SALE


Compton, CA 90221- Downtown Compton
$1,725,000 USD
310-525-3711
1714 E San Luis St, Compton, CA for Sale
$1,725,000 USD
Apartments - FOR SALE
1/6
null | 6.48% Cap Rate

1714 E San Luis St
Compton, CA 90221
Downtown Compton


HIGHLIGHTS

  • UNIT MIX: EIGHT 1+1 & ONE 2+1 UNITS
  • FIVE VACANT UNITS WITH TWO IN RENT READY CONDITION
  • POTENTIAL TO ADD THREE ADUS WITH PLANS INCLUDED
  • NEW SURVEILLANCE SYSTEM & EXTERIOR LIGHTING
  • NEW WROUGHT IRON SECURE GATED ENTRY
  • NINE SECURED PARKING SPACES

OVERVIEW

The unit mix consists of eight 1+1 and one 2+1 units. The investment consists of approximately 6,298 of rentable square feet and is situated on an approximately 8,948 square foot parcel. Recent property upgrades include new exterior lighting, all new wrought iron fencing and secured entry throughout the premises, an on-site surveillance system, and five vacant units with two of the units being in rent ready condition. The property also includes the potential to add three ADUs with included plans. The building amenities include a large parking area with nine total secured parking spaces. Call/email Griffin White for complete package. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers is a licensed real estate broker in the state of California.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

9

PRICE/UNIT

$191,667

CAP RATE

6.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1714 E. San Luis Street; Compton CA 90221

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,948 SF

ZONING

COPRH*

APN/PARCEL ID

6183-005-017

ASK ABOUT THIS PROPERTY

Sam GrayeliBRC Advisors - BH, Inc.More Info
310-525-3711

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Sam GrayeliBRC Advisors - BH, Inc.More Info
310-525-3711

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