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$2,300,000

Beds
14
sq ft
5,016

1307 E Peck St, Compton, CA 90221

1307 E Peck St

Compton, CA 90221

  • 45 days on market
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.

Details

Property type

Lot size

0.3977 acres

Price per sq ft

$459

Year built

1950

HOA

No

Price History

10/08/2024
CLAW

CLAW #24450299

Listed
$2,300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/22/2024 at 1:10 PM

Listing updated: 11/04/2024 at 9:35 AM

Listed by: Casey Lins, Kidder Mathews of California, Inc. Phone #: (858) 369-3010

MLS: CLAW #24450299

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