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920 S Willowbrook Avenue

Compton, CA 90220
  • $955,000
  • STATUS: Closed
  • ON SITE: 633 Days
  • ID#: PW22211090
Sold - 10/24/2023
$955,000
SOLD - 10/24/2023
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Doug Rodermund of Morgan Skenderian (949-251-8800)


Description

REDUCED PRICE FOR QUICK SALE! 920 S. Willowbrook Avenue offers a buyer an excellent investment opportunity to purchase a 5-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (5) one bedroom/one bathroom, single-story units. This property also features garages and backyards. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.

Sold by Kristal Franklin of Keller Williams Pacific Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T16:30:19.843. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133488563
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920 S Willowbrook Avenue Compton, CA 90220

  • Price: $970,000
  • Status: Closed
  • On Site: 633 Days
  • Updated: 100 min ago
  • ID#: PW22211090
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1950
Built
Neighborhood:
RO - Compton S of Rosecrans, E of Alameda
County:
Los Angeles
Area:
RO - Compton S of Rosecrans, E of Alameda
Property Description
REDUCED PRICE FOR QUICK SALE! 920 S. Willowbrook Avenue offers a buyer an excellent investment opportunity to purchase a 5-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (5) one bedroom/one bathroom, single-story units. This property also features garages and backyards. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 6 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common WallNo One Above

Property Features

Additional Parcels YN No Buyer Financing Conventional Cap Rate 5.9 Common Interest None Community Features CurbsSidewalks Electric Expense 1128 Fuel Expense 1128 Garage YN Yes Gross Income 0 Gross Scheduled Income 87444 Insurance Expense 1123 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 5247 Net Operating Income 57438 New Construction YN No New Taxes Expense 15623 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 27383 Pest Control Expense 750 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 7287 Trash Expense 1128 Vacancy Allowance 2623 Vacancy Allowance Rate 3 Water Sewer Expense 1128 Water Source Public Zoning Coprh*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T16:30:19.843. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Doug Rodermund of Morgan Skenderian (949-251-8800)