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Key Details
Sold Price $925,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC14036058
Sold Date 03/25/14
HOA Y/N No
Year Built 1990
Tax Year 2012
Lot Size 9,408 Sqft
Property Description
Newest seven units building in downtown City Center area! Across the street from exquisite Racquet Club gated community. One unit 3 bedrooms, four units 2 bedrooms, two single bedrooms. 6 cars garage, six carports. Low maintenance, bread and butter investment. Rentals income alone will pay for the building in 11 years, at todays rates! New tiled floors throughout. Market appreciation is extra cream on the cake! City Center is around the corner with the famous MLK monument. Biggest shopping center in town is also nearby. Compton is being reborn as Brooklyn was, great investment opportunity. 20 minutes from Staples Center.
Location
State CA
County Los Angeles
Area Rprk - Rancho Park
Interior
Fireplace No
Exterior
Garage Spaces 6.0
Carport Spaces 6
Garage Description 6.0
Pool None
Community Features Urban
Utilities Available Sewer Available
Total Parking Spaces 12
Private Pool No
Building
Lot Description 11-15 Units/Acre, Close to Clubhouse, Sprinklers In Front
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 6160019009
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Freida Sanei • Century 21 Crest-Burbank