Address
326 W Palm Street Compton, CA
Price
$ 2,199,999
Property Attributes
  • MLS#SB21051285
  • TypeIncome
  • CountyLOS ANGELES
  • CityCompton
  • AreaCompton S of Rosecrans - E of Central - W of Ala
  • Zip90220
  • StyleMixed Use
  • Price$ 2,199,999
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size7,750 SqFt
Listing Provided Courtesy Of:
Isaac Rosales with Berkshire Hathaway Home Srvs.
Data Source:
CRMLS
Property Description

!OPPORTUNITY ZONE PROPERTY! GREAT CASH FLOW! This 8 unit multifamily complex is fully stabilized, and requires low maintenance. - A perfect 1031 Exchange property. Tenants enjoy the 8 spacious one bedroom units, each with their own stainless steel appliances and a community laundry room. There is an onsite property manager to address any tenant issues making property management effortless for new owners. Property was fully renovated giving buyers the advantage of acquiring an investment of a low maintenance building. Tenants have the security of having private parking in rear area of property. This submarket offers high density of renters resulting in a low vacancy rate due to high demand of housing. Property is located in up and coming part of Downtown Compton near the Courthouse.

Price History
3/11/2021 Listed $1,749,999

General Features

Community Features Street Lights
Electric Standard
Levels Two
MLS Area RP - Compton S of Rosecrans, E of Central, W of Ala
Open Parking Spaces 8
Pool Features None
Property SubType Mixed Use
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Conventional, 1031 Exchange
Total Actual Rent 13520
Total Units 8
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Virtual Tour https://drive.google.com/file/d/18JZmx_bi1Kg8znSXhzjEnhOedIzTrKpH/view?usp=drivesdk
Virtual Tour https://drive.google.com/file/d/18JZmx_bi1Kg8znSXhzjEnhOedIzTrKpH/view?usp=drivesdk
Zoning COPRH*

Interior Features

Common Walls No Common Walls
Laundry Features Common Area, Laundry Room, Outside

Exterior Features

Lot Features 0-1 Unit/Acre, Front Yard, Yard
Lot Size Acres 0.18
Lot Size Area 7750
Lot Size Source Appraiser
Lot Size Square Feet 7750
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 9
Number of Separate Gas Meters 9
Number of Separate Water Meters 1
Total Parking 8
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90220

Price
AVG $990K
$2.2M
Visits
AVG 19
8
Year Built
AVG 1946
1926
Walkscore
AVG 72
82
Data Provided by Walkscore ® not using MLS data

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