1307 E Peck Street, Compton, CA 90221
- $1,850,000
- 14
- BD
- 10
- BA
- 5,016
- SqFt
Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..
- List Price
- $1,850,000
- Price Change
- ▼ $50,000 1779927987
- Status
- Active
- MLS#
- 26673767
- Year Built
- 1950
- Bedrooms
- 14
- Bathrooms
- 10
- Living Sq. Ft
- 5,016
- Lot Size
- 17,323
- Days on Market
- 117
- Property Type
- Multifamily
- Property Type
- Multifamily
- Stories
- One Level
Property Description
We are pleased to present 1307-1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 7.02% CAP and an 8.79 GRM on current rents with 3 units delivered vacant and upside to operate at an 8.69% CAP and a 7.59 GRM. 1307-1311 E Peck St 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, totaling 5,016 rentable square feet, constructed in 1950 with a strong unit mix of four (4) two-bedroom units and six (6) one-bedroom units located on 17,323 square feet of land. Half of the units have been renovated, and three units will be delivered VACANT and renovated at closing: two 2BDs and one 1BD. There is also ample on-site uncovered parking along with ten (10) one-car garages providing potential for ADU conversions. Contact the listing broker for additional information.
Additional Information
- Garage Spaces Total
- 10
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.