No rent control. 10 units in great redeveloped area of Compton. Walking distance from new homes, park, walking distance to shopping. Owner moved out of state so he is ready to sell. Large square footage. No vacancy. 9.67 gross rent multiplier. Parking for 10 cars.
This is a Land Sale. Perfect Size for a strong experienced Developer looking to build on a 19,000 sqft R-3 Lot. Located on a Major Boulevard that already has many multi unit residential apartment complexes. Take advantage of the strong rental market and low vacancy rates. The house structure on the land is uninhabitable. Seller will not remove or demolish.
La Joya de Compton. This jewel of Compton features an extraordinary fully remodeled Spanish hacienda. Smooth stucco exterior w/ gated entry, exterior fountains, new electrical, Rinnai comm'l grade tankless heater. Living area & kitchen feature Italian Versailles floor tiling, custom louvered window treatments and Alder solid doors. Pella windows throughout. New Spanish tiled roof. Interior is CAT-5 wired w/3-zoned alarm and 24hr camera monitoring system. Recessed cable wiring in the walls w/dimmer controlled lighting. Sophisticated kitchen gleams with granite slab counters, self-closing cabinetry & GE Caf~ Series appliance suite. Sultry bathrooms beckon your arrival with marble countertops, Kohler sinks and toilets with American Standard spa tubs. The master bedroom offers an oversized closet, French doors to the rear yard and new solid hardwood distressed floors. New HVAC, timed exterior lighting and Bellagio stone pavers surround this impressive and one of a kind property.
Great Investment opportunity for first time buyers or investors. LIKE NEW!! Live in one and rent the other two units. Each unit consist of 2 bedrooms 1 bath and a garage. Two of the units were build in 2007 and the third unit was totally remodeled at the same time. FHA & VA buyers are welcome. VERY SPACIOUS TRIPLEX WITH 2542 Sf of living space on a HUGE LOT 7522 Sf. Centrally Located to the 710FWY, 91FWY & 110FWY Only a few minutes away from DTLA, Staples Center, LA Live, Nokia Center. 5 Garages and a long drive way. Enough parking for 9 Cars. Do not pass up this excellent opportunity. This listing is a Money Making Machine.
Property currently does not Qualify for Financing due to being in the middle of a City Rezoning Land Approval and No Lender Financing Offers are able to be accepted until Rezoning with Conditional Use Permit is Resolved; The only offers Seller is willing to accept currently are CASH OFFERS ONLY with Current rezoning issues to be purchased in this manner by Cash Buyer and will not accept no LOW offers;