Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Type
- SingleFamilyResidence
- Bedrooms
- 17
- Building size
- 8,512 sqft
- Lot size
- 20,297 sqft
- Year built
- 1937
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 106
- MLS #
- 243310231
About this property
1702-1712 N Long Beach Blvd. is a mixed-use investment property located in Compton, CA. Built-in 1937 and remodeled in 2020, the property is comprised of seventeen total units/spaces: nine (9) studio units; one (1) two-bedroom, two-bathroom unit; two (2) 4 bdr units upstairs; and five (5) storefront retail units. With over $150,000 invested in upgrades throughout the property, it features high street visibility, upgrades in several of the units, and on-site parking in the rear of the property. Plenty of lighting at night and newly installed security cameras on the premises. Stationed near the border of Compton and Lynwood, just north of Rosecrans Avenue and offers tenants and visitors access to various employment centers throughout Southern California via I-105 and I-710. The property's location also creates convenient access to several local retail outlets throughout the Compton, Lynwood, and Paramount areas. 1702 N Long Beach is an excellent opportunity for an investor looking to purchase an updated, mixed-used property with great cash-flow and attractive financial metrics.
Location
1702 N Long Beach
Compton, Los Angeles, CA, 90221