117 E Cypress Street, Compton, CA 90220 - MLS#PW25067268

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Nicole Hazelton

[email protected] +1(619) 206-1892

$2,450,000

Est. payment - /mo

3 Beds

2 Baths

0.36 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25067268

Bedrooms 3

HOA Y/N No

Lot Size 0.356 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Pleased to present 117-119 E. Cypress Street, a rare opportunity to purchase a 1990 construction property with an ideal unit mix of majority 2-bedroom units. Unit amenities include large floorplans, patios/balconies, garages, carports and gated entry/parking. Compton is an excellent rental market for apartment owners with no municipal rent control. Rental demand outpaces supply year after year resulting in historically-low vacancy rates. The property has a central location (30 minutes or less median travel time to work) and benefits from the citys large renter profile.
Pleased to present 117-119 E. Cypress Street, a rare opportunity to purchase a 1990 construction property with an ideal unit mix of majority 2-bedroom units. Unit amenities include large floorplans, patios/balconies, garages, carports and gated entry/parking. Compton is an excellent rental market for apartment owners with no municipal rent control. Rental demand outpaces supply year after year resulting in historically-low vacancy rates. The property has a central location (30 minutes or less median travel time to work) and benefits from the citys large renter profile.

Location

State CA

County Los Angeles

Area Compton (90220)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 1

Level or Stories 2 Story

Others

Monthly Total Fees $285

Acceptable Financing Cash, Conventional

Space Rent $875

Listing Terms Cash, Conventional

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Listed by Doug Rodermund • Morgan Skenderian

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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117 E Cypress Street Compton, CA 90220

Nicole Hazelton

Key Details

Location

Building

Others

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