1307 E Peck ST new Save Request In-Person Tour Request Virtual Tour
Compton,CA 90221
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,016 sqft
Price per Sqft $418
MLS Listing ID 25529389
Bedrooms 14
HOA Y/N No
Year Built 1950
Lot Size 0.398 Acres
Property Description
We are pleased to present 1307-1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 7.07% CAP and 8.92 GRM on current rents with upside to operate at a 9.38% CAP and a 7.29 GRM. 1307-1311 E Peck 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 4 two-bedroom units and 6 one-bedroom units located on 17,323sf of land. Half of the units have been renovated, and one 2BD unit will be delivered VACANT and renovated. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area Rn - Compton N Of Rosecrans, E Of Central
Zoning COPRH*
Interior
Inclusions APNS: 6167-030-022 & 6167-030-023
Fireplace No
Exterior
Attached Garage No
Total Parking Spaces 10
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6167030022
Special Listing Condition Standard