7,196 Sqft Lot
7,196 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25166662
HOA Y/N No
Year Built 1952
Lot Size 7,196 Sqft
Property Sub-Type Apartment
Property Description
The property is gated and provides tenants with onsite garage parking, including (3) 2-car garages—offering future ADU conversion potential (buyer to verify) for added value and income upside.
Landlord expenses are minimal thanks to a RUBS utility billing system and separate gas and electricity metering for each unit, ensuring operational efficiency.
With a GRM of 9.67 and a Cap Rate of 7.35%, this asset provides strong in-place cash flow from day one, with upside potential in rental income. At only $192K per unit, it's priced to sell—an excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Zoning COPRH*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 6.0
Garage Description 6.0
Fence Wrought Iron
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 6157022007
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
GET MORE INFORMATION
REALTOR® | Lic# 01874934