Homes for sale - 1307 E Peck ST, Compton, CA 90221

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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$2,300,000

Est. payment - /mo

14 Beds

10 Baths

5,016 SqFt

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UPDATED:

11/04/2024 05:33 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $458

MLS Listing ID 24450299

Bedrooms 14

HOA Y/N No

Year Built 1950

Lot Size 0.398 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area Rn - Compton N Of Rosecrans, E Of Central

Zoning COPRH*

Interior

Heating Wall Furnace

Cooling None

Inclusions 1311 E Peck St, Compton, CA 90221 - APN: 6167-030-023

Fireplace No

Exterior

Garage Spaces 10.0

Garage Description 10.0

Attached Garage No

Total Parking Spaces 10

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6167030022

Special Listing Condition Standard

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Listed by Casey Lins • Kidder Mathews of California, Inc.

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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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1307 E Peck ST Compton, CA 90221

Rene Ramirez

Rene Ramirez

Key Details

Location

Interior

Exterior

Building

Others

MORTGAGE CALCULATOR

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1307 E Peck ST