702 N Willowbrook Ave - Multi-Family FOR SALE


Compton, CA 90220- West Compton
$650,000 USD
626-399-2415
702 N Willowbrook Ave, Compton, CA for Sale
$650,000 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

702 N Willowbrook Ave
Compton, CA 90220
West Compton


HIGHLIGHTS

  • All 2 bed/1 Bath Units
  • One unit is currently vacant and rent ready
  • Vacant lot 101 E Elm St (APN 6166-004-005) also for sale separately for $150,000 - Zoned C-L - Potential for multifamily redevelopment
  • Separately metered for gas and electricity

OVERVIEW

Young Lewin Advisors is pleased to present 702 N Willowbrook Ave, a fourplex in the incorporated city of Compton for sale. The contiguous 5,006 vacant lot next door, 101 E Elm St. zoned C-L is also for sale separately for $150,000. The property consists of all 2 bed/1 bath units on a large 5,003 square foot lot. One unit is currently vacant and rent ready. Two tenants are currently paying $890 and $1,050 respectively. One tenant is in default and has approximately two years of back rent. Current rents are about half of market rate, allowing substantial upside for a new investor. The city of Compton does not have municipal rent control and is subject to AB-1482, allowing for higher rent increases.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$276 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,003 SF

ZONING

-

APN/PARCEL ID

6166-004-003

ASK ABOUT THIS PROPERTY

Jack JorgensenYoung Lewin AdvisorsMore Info
626-399-2415

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

Jack JorgensenYoung Lewin AdvisorsMore Info
626-399-2415

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