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$ 1,900,000
Est. payment | /mo
14 Beds
10 Baths
5,016 SqFt
$ 1,900,000
Est. payment | /mo
14 Beds
10 Baths
5,016 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,016 sqft
Price per Sqft $378
MLS Listing ID 26673767
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 7.48% CAP and an 8.42 GRM on current rents with 3 units delivered vacant and upside to operate at an 8.36% CAP and a 7.80 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 three units will be delivered VACANT and renovated at closing: two 2BDs and one 1BD. 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
State CA
County Los Angeles
Area Rn - Compton N Of Rosecrans, E Of Central
Zoning COPRH*
Interior
Cooling None
Inclusions Both APNs: 6167-030-022 & 6167-030-023
Fireplace No
Exterior
Garage Spaces 10.0
Garage Description 10.0
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
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650