905 N Willowbrook, Compton, CA 90220

$499,999

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List Price
$499,999
Status
ACTIVE
MLS#
RS26239466
Year Built
1943
Lot Size
9,444
Acres
0.22
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

***EXCEPTIONAL INVESTMENT OPPORTUNITY*** FOR THE SAVVY INVESTOR SEEKING VALUE-ADD POTENTIAL! SITUATED ON A HUGE LOT, THIS UNIQUE FOUR-UNIT PROPERTY FEATURES FOUR SEPARATE STRUCTURES AND PLENTY OF ON-SITE PARKING, OFFERING AN EXCITING OPPORTUNITY TO RENOVATE, REPOSITION, AND UNLOCK ITS FULL INVESTMENT POTENTIAL. THE PROPERTY REQUIRES SUBSTANTIAL REPAIRS AND REFLECTS SIGNIFICANT DEFERRED MAINTENANCE, MAKING IT AN IDEAL PROJECT FOR AN INVESTOR PREPARED TO UNDERTAKE A COMPREHENSIVE RENOVATION. PROPERTY IS BEING SOLD STRICTLY IN ITS PRESENT AS-IS CONDITION. ALL FOUR UNITS ARE CURRENTLY OCCUPIED BY LONG-TERM TENANTS ON MONTH-TO-MONTH RENTAL AGREEMENTS, PROVIDING EXISTING RENTAL INCOME FROM DAY ONE. ADVERTISED RENTAL FIGURES REFLECT ACTUAL CURRENT RENTS. IDEALLY SITUATED IN A DESIRABLE COMPTON LOCATION NEAR CITY HALL, SHOPPING, EVERYDAY CONVENIENCES, MAJOR FREEWAY ACCESS, AND METRO RAIL TRANSPORTATION. A COMPELLING OPPORTUNITY TO ACQUIRE A MULTI-UNIT PROPERTY WITH AN EXPANSIVE LOT, FOUR INDIVIDUAL STRUCTURES, AND TREMENDOUS POTENTIAL FOR FUTURE IMPROVEMENT AND LONG-TERM INVESTMENT RETURNS. BRING YOUR VISION AND CAPITALIZE ON THIS EXCITING VALUE-ADD OPPORTUNITY!

Additional Information

Pool Description
None
Garage Spaces Total
1
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$59,736
Operating Expense
9400

Listing courtesy of Listing Agent: Jamie Durity (jamie@jamiedurity.com) from Listing Office: eXp Realty.

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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.