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2201 E Compton Blvd
Compton, CA 90221 Downtown Compton

$2,500,000 USD

Apartments For Sale  •  10,209 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,209 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1963
  • Zoning CORL*
0 Transit Score
65 Walk Score

Highlights

Attractive Pricing | 9.77 GRM at a 5.95% CAP Rate | $166,667 Per Unit & $244 per Square Foot
Ideal Unit Mix of: (14) – 1Bed/1Bath Units & (1) – 2Bed/1Bath Unit
Value Add Opportunity with 25% Rental Upside Potential Without Relying on Subsidy Programs
Individually Metered for Electricity & No Gas Meters | Each Unit with Individual Electric Water Heaters
Large Lot Featuring Ample On-Site Parking | 14 Single-Car Garages
Property is Subject to AB-1482 | California’s Statewide Rent Control | Allowing Annual Increases of 5% + CPI

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.4 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 9.9 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 14 min - 7.3 mi
Los Angeles International 22 min - 15.6 mi
Bob Hope 41 min - 31.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: OneCarGarage
Included in Rent: Yes
Kyle Mirrafati 949-200-7494 Matthews Real Estate Investment Services
Kyle Mirrafati 949-200-7494 Matthews Real Estate Investment Services