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$499,999
Est. payment /mo
9,443 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS26239466
HOA Y/N No
Year Built 1943
Lot Size 9,443 Sqft
Property Sub-Type Quadruplex
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!
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
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Street Lights, Urban
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer, Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6157001005
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
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Listed by Jamie Durity eXp Realty 562-843-1843, DRE #01297368
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