1702 N Long Beach, Compton, CA 90221
- $1,890,000
- List Price
- $1,890,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- PW26123931
- Year Built
- 1937
- Lot Size
- 20,297
- Acres
- 0.47
- Lot Location
- 16-20 Units/Acre
- Days on Market
- 51
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
1702-1712 N Long Beach Blvd. is a mixed-use investment property located in Compton, CA. Built-in 1937 and remodeled in 2020, the property is comprised of seventeen total units/spaces: nine (9) studio units; one (1) two-bedroom, two-bathroom unit; two (2) 4 bdr units upstairs; and five (5) storefront retail units. With over $150,000 invested in upgrades throughout the property, it features high street visibility, upgrades in several of the units, and on-site parking in the rear of the property. Plenty of lighting at night and newly installed security cameras on the premises. Stationed near the border of Compton and Lynwood, just north of Rosecrans Avenue and offers tenants and visitors access to various employment centers throughout Southern California via I-105 and I-710. The property's location also creates convenient access to several local retail outlets throughout the Compton, Lynwood, and Paramount areas. 1702 N Long Beach is an excellent opportunity for an investor looking to purchase an updated, mixed-used property with great cash-flow and attractive financial metrics.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 17
- Gross Scheduled Income
- $311,000
- Operating Expense
- 175000
Listing courtesy of Listing Agent: Kevin Cooper (kevincooper22@yahoo.com) from Listing Office: eXp Realty of California Inc.
Mortgage Calculator
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.