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$1,405,000

Beds
Unknown
sq ft
5,301

209 S Willow Ave, Compton, CA 90221

209 S Willow Ave

Compton, CA 90221

  • 185 days on market
209 S. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (1) one bedroom/one bathroom, (4) two bedroom/one bathroom and (1) three bedroom/two bathroom units. This property also features carports, large floorplans, and on-site laundry. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.

Details

Property type

Apartment

Est. home value

$1,435,775

Lot size

6,758 sq ft

Price per sq ft

$266

Year built

1963

Annual property taxes

$17,563

Price History

01/03/2024
CRMLS

CRMLS #PW24001577

Listed
$1,405,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Banc Of California Na

Loan start date

March 2019

Original loan amount

$715,000

Est. remaining balance

Not provided

Interest rate

4.46%

Loan type

Building or Construction Loan, 15 year

Seller

209 S Willow Ave 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: 07/05/2024 at 10:05 PM

Listing updated: 06/26/2024 at 11:43 AM

Listed by: Doug Rodermund, Morgan Skenderian Phone #: (949) 251-8800

MLS: CRMLS #PW24001577

CRMLS logo

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