$875,000
Welcome to one of the only true 4 bedroom, 2 bath duplexes you will find on the market. Over 1,400 sq ft per unit, which is nearly unheard of in a duplex at this price point and exactly the kind of space that attracts stable, long-term tenants who stick around. Both units are occupied and currently generating $5,111 per month with a market rate of $6,900 per month. Tenants pay all utilities. Compton has no local rent control. One unit features a renovated interior with updated finishes throughout and both units have been well maintained over the years. Each unit has its own private entrance and the property includes two 2-car garages in the rear, currently serving the tenants but also presenting a compelling ADU conversion opportunity that could add a third income stream to an already performing asset. The trailing net operating income is $53,600 with expenses under $7,400 for the year. At this price, you are acquiring a large, income-producing asset with real upside and room to grow in one of Los Angeles County's most active markets for multifamily investment. Whether you are an owner-occupant, a seasoned investor, or a 1031 exchange buyer, the size, income, and future potential of this property make it one of the stronger opportunities available in this price range today.
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Listed by Samuel Woldeyesus with Compass (310) 230-5478
Property Type
Duplex
Status
Active
MLS Number
OC26064278
Year Built
1948
Lot Size
5,532 sq ft