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1004 E Rosecrans Ave
Compton, CA 90221
Roma Apartments · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 9,718 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.23/1,000 SF
Zoning COCL

Amenities

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities

About 1004 E ROSECRANS AVE , COMPTON, CA 90221

Centennial Advisers is proud to offer a 10-unit apartment in Compton, CA. The subject property is located at 1004 E Rosecrans Avenue, four blocks East of Santa Fe Avenue, and adjacent to Mayo Elementary School. This investment consists of one 3+2 unit, eight 2+1 units, and one 1+1 unit. The property was recently rehabbed with 8 of 10 units being complete. The rehab included a new roof as well. Built in 1963, this property is a two-story walk-up style building with garage parking in the rear. With approximately 9,276 rentable square feet, and a lot size of 9,718 sq. ft. the property offers a large foot print on a major thoroughfare with great visibility. Located within close proximity to numerous restaurants and shopping corridors this property offers an investor the rare opportunity to acquire an income property in a strong rental market in the path or redevelopment. With rents close to 20% below market value, an investor looking to add value could dramatically improve their cash flow by bumping rents up to market rate and charging for additional parking thus making this acquisition a valuable addition to any investor’s portfolio.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,350 -
2+1 8 $1,623 -
3+2 1 $1,650 -

Property Taxes

Property Taxes

Parcel Number
6178-011-004
Land Assessment
$649,458
Improvements Assessment
$1,850,958
Total Assessment
$2,500,416
  • Listing ID: 17827927

  • Date on Market: 11/27/2019

  • Last Updated:

  • Address: 1004 E Rosecrans Ave, Compton, CA 90221

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