tomo logo

$1,725,000

Beds
10
sq ft
6,298

1714 E San Luis St, Compton, CA 90221

1714 E San Luis St

Compton, CA 90221

  • 5 days on market
We are pleased to offer this nine unit investment opportunity, located in the City of Compton. The unit mix consists of eight 1+1 and one 2+1 units. The investment consists of approximately 6,298 of rentable square feet and is situated on an approximately 8,948 square foot parcel. Recent property upgrades include new exterior lighting, all new wrought iron fencing and secured entry throughout the premises, an on-site surveillance system, and five vacant units with two of the units being in rent ready condition. The property also includes the potential to add three ADUs with included plans.

Details

Property type

Lot size

8,948 sq ft

Price per sq ft

$274

Year built

1959

HOA

No

Price History

02/17/2025
CLAW

CLAW #25499381

Listed
$1,725,000
+15%
06/07/2022
CRMLS

CRMLS #CV22036857

Sold
$1,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First General Bank

Loan start date

March 2022

Original loan amount

$2,210,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Commercial

Seller

1220 Cedar Sm7 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 6:15 AM

Listing updated: 02/18/2025 at 2:06 PM

Listed by: Ian Hollinger, BRC Advisors- BH

MLS: CLAW #25499381

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