List Price: $1.1M

Listing Status: Pending

Original List Price: $1.15M

Days on Market: 87

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1952

Lot Size: 7,197 sq ft

Garage Spaces: 6

Private Pool: Yes

MLS Number: CV25166662

About This Property

We are pleased to present an excellent opportunity to acquire a stabilized, income-producing 6-unit property featuring a diverse unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (3) large Studio units, appealing to a broad tenant base. Compton follows AB-1482, there is no localized rent control. The property is gated and provides tenants with onsite garage parking, including (3) 2-car garages—offering future ADU conversion potential (buyer to verify) for added value and income upside. Landlord expenses are minimal thanks to a RUBS utility billing system and separate gas and electricity metering for each unit, ensuring operational efficiency. With a GRM of 9.28 and a Cap Rate of 8.03%, this asset provides strong in-place cash flow from day one, with upside potential in rental income. At only $183K per unit, it’s priced to sell—an excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.

Property Photos

Location