209 S. Willow Ave., Compton, CA 90221 - PW22211157 - iPro Real Estate

209 S. Willow Ave.
Compton, CA 90221

Expired, Multi-Family/Income Sale

For Sale

$1,405,000 $207.96 per sqft

Free Professional CMA

Listing ID : PW22211157

  • Beds

    8
  • Lot Size

    6,756 Sqft

Description

REDUCED PRICE FOR QUICK SALE! 209 S. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (1) one bedroom/one bathroom, (4) two bedroom/one bathroom and (1) three bedroom/two bathroom units. This property also features carports, large floorplans, and on-site laundry. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 6179002025
Cap Rate: 5% 
Net Operating Income: $79,318 
Number of Units: 6 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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33.894688 -118.217705 $1,405,000 PW22211157
209 S. Willow Ave., Compton, CA 90221
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Listed by Doug Rodermund with Morgan Skenderian