411 N Chester, Compton, CA 90221

$1,549,000

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List Price
$1,549,000
Price Change
▼ $50,000 1772186057
Status
ACTIVE
MLS#
PW25281990
Year Built
1947
Lot Size
11,436
Acres
0.26
Lot Location
6-10 Units/Acre
Days on Market
204
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

8 unit apartment building offering investors the opportunity to acquire an asset with a strong tenant base in a strong rental market. The property was built in 1947 and features six -1 bedroom + 1 bathroom units and two -2 bedroom + 1 bathroom units, encompassing a gross rentable area of 5,909 SQ. Ft. The property is situated on an oversized lot and surrounded by single family homes. The courtyard style building features copper plumbing, on-site laundry room brings in additional income every single month of about $250!! TONS OF PARKING!! 8 covered carport parking spaces plus an additional 8 tandem spaces! 16 parking spaces, 2 per unit is a huge value add when renting. Hurry this property will not last long!

Additional Information

Pool Description
None
Garage Spaces Total
8
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$153,180
Operating Expense
53613

Listing courtesy of Listing Agent: Kristina Moore (kristinamooreproperties@gmail.com) from Listing Office: The Moore Group.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.