1702 N Long Beach, Compton, CA 90221

$1,890,000

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List Agent Kevin Cooper () 562-618-8202 eXp Realty of California Inc; CoList ()

List Price
$1,890,000
Status
ACTIVE UNDER CONTRACT
MLS#
PW26123931
Year Built
1937
Lot Size
20,297
Lot Location
16-20 Units/Acre
Days on Market
53
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.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.