Compton, CA 90221,1307 E Peck St
Compton, CA 90221,1307 E Peck St
Compton, CA 90221,1307 E Peck St
9
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$2,300,000
Est. payment /mo
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14 BD
10 BA
5,016 SqFt
Active

1307 E Peck St Compton, CA 90221

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UPDATED:

10/16/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $458

MLS Listing ID 24-450299

Bedrooms 14

Year Built 1950

Lot Size 0.398 Acres

Acres 0.3977

Property Description

We are pleased to present 1307 & 1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 6.50% CAP and 10.03 GRM on current rents with upside to operate at a 9.04% CAP and a 7.86 GRM. The property consists of adjacent 5-unit buildings located at 1307 &1311 E Peck, which is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single story side by side five-unit buildings constructed in 1950 with a strong unit mix of 4 two-bedroom units and 6 one-bedroom units located on 17,323 sf of land. Half of the units have been renovated, and one unit will be delivered VACANT. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions.

Location

State CA

County Los Angeles

Area Compton N Of Rosecrans, E Of Central

Zoning COPRH*

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Inclusions 1311 E Peck St, Compton, CA 90221 - APN: 6167-030-023

Equipment None

Exterior

Garage Garage Is Detached

Garage Spaces 10.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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Travis Scholl

Agent | RE.S.0069556

+1(702) 232-5376

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1307 E Peck St