1000 N Sloan Avenue, Compton, CA 90221
- $1,750,000
- 12
- BD
- 13
- BA
- 5,640
- SqFt
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 26989749
- Year Built
- 1949
- Bedrooms
- 12
- Bathrooms
- 13
- Living Sq. Ft
- 5,640
- Lot Size
- 14,138
- Acres
- 0.32
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- Two Levels
Property Description
Unique value add deal being sold by long term owners as part of a large portfolio sale. The property is currently 60% vacant, but full of upside. Vacant units have not been advertised for rent due to a death in the family, and an experienced operator could do very well with this property. This 10 unit is sits on 2 separate parcels with a shared driveway. With 6 units currently vacant, the property is primed for rapid repositioning and lease at market rents. 6 units have already been remodeled, giving a strong head start on interior upgrades. There are 6 carports under the rear 2 units, and 8 open parking spaces in front. Significant upside remains with potential for rear ADU additions. Located near Rosecrans and Long Beach Blvd, near daily conveniences including Subway, Wingstop, Little Caesars, La Michoacana, Mc Donalds, and T-Mobile. Just 2 blocks from Lueders Park Community Center. Located between the Compton Town Center on Alameda and the Northgate Market on Atlantic. A rare Compton value-add deal where the property is in good condition and the Buyer can choose their own tenants.
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Additional Information
- Appliances
- Oven, Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Exterior Construction
- Frame, Stucco
- Patio
- Rear Porch
- Roof
- Composition
- Sewer
- Sewer Tap Paid
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 10
Listing courtesy of Listing Agent: Dana Coronado (dana@incomepropertiesla.com) from Listing Office: Compass.
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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.