1307 E Peck Street,Compton, CA 90221
Compton, CA 90221
Description
We are pleased to present 1307-1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 7.02% CAP and an 8.79 GRM on current rents with 3 units delivered vacant and upside to operate at an 8.69% CAP and a 7.59 GRM. 1307-1311 E Peck St is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single-story side-by-side five-unit buildings, totaling 5,016 rentable square feet, constructed in 1950 with a strong unit mix of four (4) two-bedroom units and six (6) one-bedroom units located on 17,323 square feet of land. Half of the units have been renovated, and three units will be delivered VACANT and renovated at closing: two 2BDs and one 1BD. There is also ample on-site uncovered parking along with ten (10) one-car garages providing potential for ADU conversions. Contact the listing broker for additional information.
Details
| MLS # | 26673767 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 137 |
| Listing Provided By | Kidder Mathews of California, Inc. | Casey Lins |
Features
| Bed(s) | 14 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 5,016 |
| Garage | 10 |
| Story(s) | 1 |
| Units | 10 |
| Building(s) | 2 |
| Zoning | COPRH* |
| Acreage | 0.40 |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90221 |
| Area | RN Compton N of Rosecrans | E of Central |
| Listing VS Median (in 90221) | |
Price: $1,850,000 low | high Med: $1,395,000 sqft: 5,016 low | high Med: 1,612 $ / sqft: $369 low | high Med: $865 On site: 137 low | high Med: 196 | |
Market Activity 90221
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90221 |
| Area | RN Compton N of Rosecrans | E of Central |
| Listing VS Median (in 90221) | |
Price: $1,850,000 low | high Med: $1,395,000 sqft: 5,016 low | high Med: 1,612 $ / sqft: $369 low | high Med: $865 On site: 137 low | high Med: 196 | |