1307 E Peck StreetCompton, CA 90221
Los Angeles County
Description
We are pleased to present 1307-1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 7.02% CAP and an 8.79 GRM on current rents with 3 units delivered vacant and upside to operate at an 8.69% CAP and a 7.59 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.
Property Information
- Property type
- Residential Income
- Year built
- 1950
- Stories
- 1
- Living area
- 5,016 Sq Ft
- Lot size
- 0.40 acres
- Garage spaces
- 10
- Parking spaces
- 10
- Zoning
- COPRH*
- Days on market
- 173
- MLS® Listing#
- 26673767
Property Features
- Cooling
- None
Financial Details
- HOA
- None
- Parcel number
- 6167030022
Directions
Google Maps: 1307-1311 E Peck St Compton CA 90221
Listing Courtesy: Kidder Mathews of California, Inc. - 8583693010
Presented by: Casey Lins and Vincent Cook
Licensed in the state of California.
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