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- LoopNet Team
519 E Oaks St
Compton, CA 90221
Compton Triplex Owner-User/Investment · Land For Sale
·
0.50 AC
Investment Highlights
- Apartment Investment Purchase Opportunity
- $4,840 Current Monthly Income (Mo.-Mo.)
- Just West of Santa Fe Avenue & 3 Blocks North of Rosecrans Ave
- 3 Stand Alone Buildings Totaling 2,220 SF on 21,780 SF of Land
- Pro Forma $50,274 NOI with 6.42% Cap Rate
- Buyer to Confirm All Details and Allowed Uses
Property Facts
Description
Price reduced! Apartment investment opportunity. Current below market rent with month-to-month tenant income. Current $4,840 monthly income. Pro forma $50,274 NOI with 6.42% cap rate. Three stand alone buildings: 2,220 SF home office on 21,780 SF contractor's yard land. Buildings are ideal for an investor or buyer can occupy one of the buildings for a home office for a contractor business. Rent out the other two buildings for investment income. Legal non-conforming use is currently a triplex with three 2-bedroom residential units. Located just west of Santa Fe Avenue and 3 blocks north of Rosecrans Avenue. One mile south of the Century (105) Freeway. Zoning code 30-14.4 may allow: Accessory storage of automobiles (in operating condition); building materials (excluding rock, gravel, and sand storage in excess of 2,000 tons); equipment, lumber, pipe, wood, cabinet and carpentry shops; carpet cleaning; pest control operator.
Property Taxes
| Parcel Number | 6169-031-008 | Improvements Assessment | $181,560 |
| Land Assessment | $819,060 | Total Assessment | $1,000,620 |
Property Taxes
