We are pleased to present 1307 & 1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 6.50% CAP and 10.03 GRM on current rents with upside to operate at a 9.04% CAP and a 7.86 GRM. The property consists of adjacent 5-unit buildings located at 1307 &1311 E Peck, which is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single story side by side five-unit buildings constructed in 1950 with a strong unit mix of 4 two-bedroom units and 6 one-bedroom units located on 17,323 sf of land. Half of the units have been renovated, and one unit will be delivered VACANT. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions.
Property Details
Price:
$2,300,000
MLS #:
24450299
Status:
Active
Baths:
0
Address:
1307 E Peck Street
Type:
Residential Income
Neighborhood:
rncomptonnofrosecranseofcentral
City:
Compton
Listed Date:
Oct 8, 2024
State:
CA
ZIP:
90221
Lot Size:
17,323 sqft / 0.40 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Garage Spaces
10.00
Parking Spots
10.00
Stories Total
1
Financial
Map
Community
- Address1307 E Peck Street Compton CA
- AreaRN – Compton N of Rosecrans, E of Central
- CityCompton
- CountyLos Angeles
- Zip Code90221
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Courtesy of Kidder Mathews of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1307 E Peck Street
Compton, CA
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