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Listed by Elena Moric • The Realestate Group
$1,414,000
Est. payment /mo
5,172 SqFt
Price Dropped by $41K
427 West Laurel Compton, CA 90220
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,172 sqft
Price per Sqft $273
MLS Listing ID SB-25256971
Year Built 1965
Lot Size 7,806 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Excellent opportunity to own a great investment property well located in the city of Compton. With 30% down the current Cap is 6.32%; current GRM 10.95%. Two-story building, 2 units in each level. Carport in the back for 4-cars, plus extra 4 off street parking spaces. Downstairs, unit A, 4+2, renting for $2,720; unit B, 3+2 renting for $2,825. Upstairs, unit C, 4+2, renting for $2,510, Unit D, 3+2, renting for $2,710. Units A, C and D have received rent increase on 12/01/25. Most of the property has undergone upgrades since the property was purchased; floors, paint, sewer, water heater replaced, roof of the carport parking in the back redone, exterior paint. Easy access to 91 and 105 freeways.
Location
State CA
County Los Angeles
Area Rp - Compton S Rosecrans, E Central, W Alameda
Interior
Heating Wall Furnace
Laundry None
Exterior
Parking Features Carport
Pool None
Community Features Curbs
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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