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$ 1,414,000
Est. payment /mo
Price Dropped by $41K
427 W Laurel Compton, CA 90220
7,805 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25256971
HOA Y/N No
Year Built 1965
Lot Size 7,805 Sqft
Property Sub-Type Apartment
Property Description
Excellent opportunity to own a great investment property well located in the city of Compton. With 30% down the current Cap is 6.32%; current GRM 10.95%. Two-story building, 2 units in each level. Carport in the back for 4-cars, plus extra 4 off street parking spaces. Downstairs, unit A, 4+2, renting for $2,720; unit B, 3+2 renting for $2,825. Upstairs, unit C, 4+2, renting for $2,510, Unit D, 3+2, renting for $2,710. Units A, C and D have received rent increase on 12/01/25. Most of the property has undergone upgrades since the property was purchased; floors, paint, sewer, water heater replaced, roof of the carport parking in the back redone, exterior paint. Easy access to 91 and 105 freeways.
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Parking Features Carport
Carport Spaces 4
Pool None
Community Features Curbs
View Y/N No
View None
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6161022022
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Listed by Elena Moric The Realestate Group 310 869-3649, DRE #01494643
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