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Listed by Isaac Rosales • Executive Bankers Realty
$ 2,100,000
Est. payment | /mo
4,918 SqFt
$ 2,100,000
Est. payment | /mo
4,918 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,918 sqft
Price per Sqft $427
MLS Listing ID RS-23074879
Year Built 1926
Lot Size 7,779 Sqft
Property Sub-Type Apartment
Property Description
*High Monthly Cash Flows* Desirable Cash Flow Investment opportunity offering NNN Master Lease at a 8.47% Cap! (institutional financing available). This 8 unit comprises of 8 - 1 bd/1bath units with hands free ownership while collecting a NET monthly income of $14,000. Bonus factor is building was recently renovated in 2019 from top to bottom: new roof, new plumbing, new electrical, new windows, newly installed A/C units, and new stainless steel appliances in every unit. Property is in a desirable neighborhood across the street from Compton Courthouse.
Location
State CA
County Los Angeles
Area Rp - Compton S Rosecrans, E Central, W Alameda
Zoning COPRH*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Laundry Individual Room, Outside
Exterior
Parking Features Concrete
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer