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

Bedrooms

10

Building size

5,016 sqft

Lot size

17,323 sqft

Year built

1950

Stories

1

Heating

Wall Furnace

Cooling

None

Status

Active

Days on market

8

MLS #

247906330

About this property

We are pleased to present 1307-1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 7.61% CAP and an 8.19 GRM on current rents with 2 two-bedroom units delivered vacant and upside to operate at a 9.63% CAP and a 6.96 GRM. 1307-1311 E Peck St is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single-story side-by-side five-unit buildings, totaling 5,016 rentable square feet, constructed in 1950 with a strong unit mix of four (4) two-bedroom units and six (6) one-bedroom units located on 17,323 square feet of land. Half of the units have been renovated, and two 2BD units will be delivered VACANT and renovated at closing. There is also ample on-site uncovered parking along with ten (10) one-car garages providing potential for ADU conversions. Contact the listing broker for additional information.

Location

1307 E Peck Street

Compton, Los Angeles, CA, 90221