1307 E Peck Street, Compton, CA 90221
1307 E Peck Street, Compton, CA 90221
1307 E Peck Street, Compton, CA 90221
1307 E Peck Street, Compton, CA 90221
1307 E Peck Street, Compton, CA 90221
1307 E Peck Street, Compton, CA 90221
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$ 1,900,000
Est. payment | /mo

5,016 SqFt


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$ 1,900,000
Est. payment | /mo
Save

5,016 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $378

MLS Listing ID CL26673767

HOA Y/N No

Year Built 1950

Lot Size 0.398 Acres

Acres 0.3977

Property Sub-Type Other

Property Description

We are pleased to present 1307-1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 7.48% CAP and an 8.42 GRM on current rents with 3 units delivered vacant and upside to operate at an 8.36% CAP and a 7.80 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.

Location

State CA

County Los Angeles

Zoning COPRH*

Interior

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 6167030022

Bridge MLS
Listed by Casey Lins • Kidder Mathews of California, Inc.

Schools and Properties Nearby

Jenny Gui
Jenny Gui

Agent | License ID: 02080293

+1(415) 509-0907 | sweethomesbyjenny@gmail.com

Learn More About LPT Realty

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1307 E Peck Street