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In-PersonVirtual Tour
$ 499,999
Est. payment | /mo
5 Beds
5 Baths
9,444 Sqft Lot
$ 499,999
Est. payment | /mo
5 Beds
5 Baths
9,444 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS26239466
Bedrooms 5
Lot Size 9,444 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction S/ Rosecrans and W/ Alameda
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6157001005
Acceptable Financing Cash
Listing Terms Cash
Listed by Jamie Durity, DRE#01297368 eXp Realty
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