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$875,000
Est. payment /mo
8 Beds
4 Baths
5,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26064278
Bedrooms 8
Lot Size 5,534 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1 unit can be delivered Vacant! Welcome to one of the only true 4 bedroom, 2 bath duplexes you will find on the market. Over 1,400 sq ft per unit, which is nearly unheard of in a duplex at this price point and exactly the kind of space that attracts stable, long-term tenants who stick around. Both units are occupied and currently generating $5,111 per month with a market rate of $6,900 per month. Tenants pay all utilities. Compton has no local rent control. Roof was replaced January 2025. One unit features a renovated interior with updated finishes throughout and both units have been well maintained over the years. Each unit has its own private entrance and the property includes two 2-car garages in the rear, currently serving the tenants but also presenting a compelling ADU conversion opportunity with a large private yard behind the garage that could add a third income stream to an already performing asset. The trailing net operating income is $53,600 with expenses under $7,400 for the year. At this price, you are acquiring a large, income-producing asset with real upside and room to grow in one of Los Angeles County's most active markets for multifamily investment. Whether you are an owner-occupant, a seasoned investor, or a 1031 exchange buyer, the size, income, and future potential of this property make it one of the stronger opportunities available in this price range today.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 105 exit south on Long Beach Blvd, head south to Stockton, Right on Stockton, 2nd block on the right.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6176010033
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Samuel Woldeyesus, DRE#01915193 Compass
Nearby Locations
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