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$1,890,000
Est. payment /mo
0.47 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26123931
HOA Y/N No
Year Built 1937
Lot Size 0.466 Acres
Property Sub-Type Mixed Use
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.
Location
State CA
County Los Angeles
Area Rn - Compton N Of Rosecrans, E Of Central
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6177005010
Energy Description 6500.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Listed by Kevin Cooper eXp Realty of California Inc 562-618-8202, DRE #01203855
NEARBY SCHOOL & BUSINESS
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