110 E Cedar St - Apartments FOR SALE


Compton, CA 90220- West Compton
$1,695,000 USD
310-480-2130
110 E Cedar St, Compton, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/21
null | 5.36% Cap Rate

110 E Cedar St
Compton, CA 90220
West Compton


HIGHLIGHTS

  • Available at an attractive price per unit of $169,500 with approximately 27.5% +/-!
  • Diverse unit mix of (4) 2 Beds, (3) 1 Beds and (3) Studio units.
  • A Buyer can rely on steady current cashflow while implementing a value-add strategy via turning units.
  • Very close proximity to the recently modernized Metro Blue Line.
  • Units are individually metered for gas and electricity, with ten parking spaces.

OVERVIEW

Exclusively offered by The Cohen Group, 110 East Cedar Street presents a rare opportunity to acquire a 10-unit multifamily asset in the heart of Compton with both strong in-place cash flow and significant upside potential. The property features a well-balanced unit mix of three studios, three one-bedroom units, and four two-bedroom units across nearly 8,000 square feet of rentable square feet. The property is located in a transit rich area and only 950 feet from the recently modernized Metro Blue Line. The $350 million overhaul of the Blue Line included major improvements to stations, signal systems, lighting, and connectivity -- enhancing access to Downtown Los Angeles and Long Beach and positioning this location as a key commuter corridor. The property also benefits from proximity to the Douglas F. Dollarhide Community Center, a major local amenity offering programs ranging from child care and family health to senior services, which adds value and stability to prospective tenants.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

10

PRICE/UNIT

$169,500

CAP RATE

5.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,518 SF

ZONING

-

APN/PARCEL ID

6166-004-006

ASK ABOUT THIS PROPERTY

Joshua CohenThe Cohen GroupMore Info
310-480-2130

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Joshua CohenThe Cohen GroupMore Info
310-480-2130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.