2201 E Compton Boulevard

Compton, CA 90221

  • 16 Bed(s)
  • 0 Bath(s)
  • 10,209 Sqft
  • 11300
    Sqft(Lot)
$2,500,000

Description

We are pleased to offer 2201 e compton blvd, a 15-unit multifamily property in the city of compton, ca. this two-story, secured, and gated courtyard-style building offers a strong unit mix, comprised of fourteen (14) one-bedroom/one-bath units and one (1) two-bedroom/one-bath units. built in 1963, the property boasts 10,209 rentable square feet on an 11,297 square foot lot with 14 single-car garages for tenant convenience. additionally, the property falls under ab-1482, california's statewide rent control, allowing annual increases of 5% plus cpi. currently, the property operates with no subsidized tenants and offers 25% rental upside potential without the need for any subsidy programs. however, additional upside can be realized by tapping into subsidies like the housing choice voucher (hcv) program, with maximum voucher amounts reaching $1,921 for 1-bedroom units and $2,222 for 2-bedroom units, while ensuring smooth rent collection. whether you choose to maintain the property's current operations or tap into subsidy programs to maximize returns while streamlining rent collection, this asset presents an opportunity to acquire a well position property in one of compton's most densely populated areas with significant upside and long-term growth.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47625413

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16

    Bathroom Information

    • Total Baths: 15
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1963
    • Building Area Total: 10,209

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2594
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 11300

  • Listing Price Information

    • Original List Price: 2,500,000
    • Listing Contract Date: 2024-11-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6183018029

  • Garage and Parking

    • Garage Description: Assigned,Door-Single,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: RO - Compton S of Rosecrans, E of Alameda
    • Postal Code Plus 4: 3555
    • Directions: See Google Maps
    • Zoning: CORL*
    • Source Property Type: Residential Income
    • Area: RO - Compton S of Rosecrans, E of Alameda

    Building and Construction

    • Property Age: 61
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 10209
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/16/2024 @ 19:27

  • MLS: 24460525
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is for sale, it has 10,209 sqft, 11,300 sized lot, and 14 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Compton , in zip code 90221, this Los Angeles County Home are nearby neighborhoods.