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.
!!!!!! ATTENTION INVESTORS & FIRST TIME BUYERS !!!!!!! This is a beautiful, brand new duplex located in one of the best residential area of Compton. Each unit has 4 bed rooms, 3 bathrooms, and its own 2 car garage with access to garage from inside units. The kitchen boasts granite countertops with new spacious cabinets, and new stainless steel appliances. Beautiful laminated hardwood extends throughout the kitchen, living room and bedrooms. There is an expansive paver driveway running from the landscaped front yard to the rear garage and back common area ready for your family's outdoor activities. The whole property will be fenced. Note: Property is still under construction, in the last steps working on completion, but it can still be seen by appointment.
2 clean updated SFR's and 2 duplexes on monstrous 9618 sq. ft. lot. Great curb, completely wrought iron and blockwall gated, raised foundations, separate meters, newer roofs and windows, 8 carports and NO RENT CONTROL. All spacious 1 beds, apx. 467 sq. ft. each. 56K actual income w/lots of upside. (I own similar units. Bungalows will command higher rents than stacked apartments, and for some reason maintenance costs are a lot lower too.) 1 block to Mayo Elementary, and 4 blocks to Lueders Park. This would make a great compound for an extended family.