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Glenn Gaspar

glenngaspar@gmail.com +1(714) 612-0995

$499,999

Est. payment - /mo

9,443 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26239466

HOA Y/N No

Year Built 1943

Lot Size 9,443 Sqft

Property Sub-Type Quadruplex

Property Description

***EXCEPTIONAL INVESTMENT OPPORTUNITY*** FOR THE SAVVY INVESTOR SEEKING VALUE-ADD POTENTIAL! SITUATED ON A HUGE LOT, THIS UNIQUE FOUR-UNIT PROPERTY FEATURES FOUR SEPARATE STRUCTURES AND PLENTY OF ON-SITE PARKING, OFFERING AN EXCITING OPPORTUNITY TO RENOVATE, REPOSITION, AND UNLOCK ITS FULL INVESTMENT POTENTIAL.

THE PROPERTY REQUIRES SUBSTANTIAL REPAIRS AND REFLECTS SIGNIFICANT DEFERRED MAINTENANCE, MAKING IT AN IDEAL PROJECT FOR AN INVESTOR PREPARED TO UNDERTAKE A COMPREHENSIVE RENOVATION. PROPERTY IS BEING SOLD STRICTLY IN ITS PRESENT AS-IS CONDITION.

ALL FOUR UNITS ARE CURRENTLY OCCUPIED BY LONG-TERM TENANTS ON MONTH-TO-MONTH RENTAL AGREEMENTS, PROVIDING EXISTING RENTAL INCOME FROM DAY ONE. ADVERTISED RENTAL FIGURES REFLECT ACTUAL CURRENT RENTS.

IDEALLY SITUATED IN A DESIRABLE COMPTON LOCATION NEAR CITY HALL, SHOPPING, EVERYDAY CONVENIENCES, MAJOR FREEWAY ACCESS, AND METRO RAIL TRANSPORTATION. A COMPELLING OPPORTUNITY TO ACQUIRE A MULTI-UNIT PROPERTY WITH AN EXPANSIVE LOT, FOUR INDIVIDUAL STRUCTURES, AND TREMENDOUS POTENTIAL FOR FUTURE IMPROVEMENT AND LONG-TERM INVESTMENT RETURNS. BRING YOUR VISION AND CAPITALIZE ON THIS EXCITING VALUE-ADD OPPORTUNITY!

Location

State CA

County Los Angeles

Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights, Urban

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer, Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6157001005

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

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Listed by Jamie Durity eXp Realty 562-843-1843, DRE #01297368

NEARBY SCHOOL & BUSINESS

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905 N Willowbrook Compton, CA 90220