527 W Rosecrans Ave, Compton, CA 90222

Property Description

We have been selected to exclusively market for sale a well-maintained and recently renovated mixed-use apartment/retail property. The city of Compton’s location affords residents a centralized Los Angeles location with easy access to Los Angeles as well as the South Bay and Orange County. The location provides easy access to the 110, 91 and 405 freeways as well as the Metro Blue Line rail line. The property was built in 1949 and features five apartment units and three retail units. The apartment units consist of three one-bedroom/one-bath units and two, two-bedroom/one-bath units. All of the apartments have been recently remodeled. Each apartment unit is separately metered for gas and electricity and feature gas heating as well as gas stoves. The three retail units consist of a party and flower shop, a Zumba/Dance Studio and a T-shirt Shop. Each retail space is separately metered and has a roll up safety door that was recently installed. The entire building was recently re-stuccoed and all the windows have been replaced with new vinyl windows. In summary, this offering affords an investor the opportunity to get significant cash flow from a well located building that has little deferred maintenance.