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(323) 864-4211
Linda Roth Burrell
1000 N Sloan Ave, Compton, CA 90221
- $1,750,000
- 12
- BD
- 13
- BA
- 5,640
- SqFt
- List Price
- $1,750,000
- MLS#
- 26989749
- Year Built
- 1949
- Bedrooms
- 12
- Bathrooms
- 13
- Living Sq. Ft
- 5,640
- Lot Size
- 14,138
- Lot Location
- City
- Days on Market
- 35
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- 2
Property Description
Unique value add deal being sold by long term owners as part of a large portfolio sale. The property is currently 60% vacant, but full of upside. Vacant units have not been advertised for rent due to a death in the family, and an experienced operator could do very well with this property. This 10 unit is sits on 2 separate parcels with a shared driveway. With 6 units currently vacant, the property is primed for rapid repositioning and lease at market rents. 6 units have already been remodeled, giving a strong head start on interior upgrades. There are 6 carports under the rear 2 units, and 8 open parking spaces in front. Significant upside remains with potential for rear ADU additions. Located near Rosecrans and Long Beach Blvd, near daily conveniences including Subway, Wingstop, Little Caesars, La Michoacana, Mc Donalds, and T-Mobile. Just 2 blocks from Lueders Park Community Center. Located between the Compton Town Center on Alameda and the Northgate Market on Atlantic. A rare Compton value-add deal where the property is in good condition and the Buyer can choose their own tenants.
Additional Information
- Lot Description
- 2-4 Lots, Fenced
- Other Buildings
- None
- Kitchen Features
- Formica Counters
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall Unit(s)
- Exterior Construction
- Frame, Stucco
- Number of Cars in Garage
- Carport Attached, Carport, Side By Side
- Water
- Public
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