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1702 N Long Beach Boulevard

Compton, CA 90221
  • $2,700,000
  • STATUS: Active Under Contract
  • ON SITE: 99 Days
  • ID#: 22137729
Under Contract
UPDATED: 59 min ago
$2,700,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Listing Agent(s): John Wright of Matthews Real Estate Investment Services (866-889-0550)


Description

1702-1710 N Long Beach Boulevard is a mixed-use investment property located in Compton, CA. Built-in 1937 and remodeled in 2020, the property is comprised of nineteen total units/spaces: ten (10) studio units; two(2) two-bedroom, two-bathroom units; two (2) non-conforming studio units; and five (5) storefront retail units. With over $150,000 invested in upgrades throughout the property, it features high street visibility, upgrades in several of the units, and on-site parking in the rear of the property. Stationed near the border of Compton and Lynwood, just north of Rosecrans Avenue, 1702 N Long Beach Boulevard features a walk score of 85/100 and offers tenants and visitors access to various employment centers throughout Southern California via I-105 and I-710. The property's location also creates convenient access to several local retail outlets throughout the Compton, Lynwood, and Paramount areas. Given the situation of the property and recent trends in the market, 1702 N Long Beach Boulevard is an excellent opportunity for an investor looking to purchase a recently upgraded, mixed-used property with great cash-flow and attractive financial metrics.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T15:35:26.81. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/126967049
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1702 N Long Beach Boulevard Compton, CA 90221

  • Price: $2,700,000
  • Status: Active Under Contract
  • On Site: 99 Days
  • Updated: 59 min ago
  • ID#: 22137729
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1937
Built
Neighborhood:
RN - Compton N of Rosecrans, E of Central
County:
Los Angeles
Area:
RN - Compton N of Rosecrans, E of Central
Property Description
1702-1710 N Long Beach Boulevard is a mixed-use investment property located in Compton, CA. Built-in 1937 and remodeled in 2020, the property is comprised of nineteen total units/spaces: ten (10) studio units; two(2) two-bedroom, two-bathroom units; two (2) non-conforming studio units; and five (5) storefront retail units. With over $150,000 invested in upgrades throughout the property, it features high street visibility, upgrades in several of the units, and on-site parking in the rear of the property. Stationed near the border of Compton and Lynwood, just north of Rosecrans Avenue, 1702 N Long Beach Boulevard features a walk score of 85/100 and offers tenants and visitors access to various employment centers throughout Southern California via I-105 and I-710. The property's location also creates convenient access to several local retail outlets throughout the Compton, Lynwood, and Paramount areas. Given the situation of the property and recent trends in the market, 1702 N Long Beach Boulevard is an excellent opportunity for an investor looking to purchase a recently upgraded, mixed-used property with great cash-flow and attractive financial metrics.
Exterior Features

Parking Total 17

Property Features

Association Fee 0 Gross Income 295500 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 174546 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Cocl*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T15:35:26.81. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): John Wright of Matthews Real Estate Investment Services (866-889-0550)