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Brianna Porter-Hoops

brianna.porterhoops@gmail.com +1(916) 678-2709

$ 875,000

Est. payment | -/mo

5,532 Sqft Lot

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$ 875,000

Est. payment | -/mo

Save

5,532 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC26064278

HOA Y/N No

Year Built 1948

Lot Size 5,532 Sqft

Property Sub-Type Duplex

Property Description

1 unit can be delivered Vacant! Welcome to one of the only true 4 bedroom, 2 bath duplexes you will find on the market. Over 1,400 sq ft per unit, which is nearly unheard of in a duplex at this price point and exactly the kind of space that attracts stable, long-term tenants who stick around. Both units are occupied and currently generating $5,111 per month with a market rate of $6,900 per month. Tenants pay all utilities. Compton has no local rent control. Roof was replaced January 2025. One unit features a renovated interior with updated finishes throughout and both units have been well maintained over the years. Each unit has its own private entrance and the property includes two 2-car garages in the rear, currently serving the tenants but also presenting a compelling ADU conversion opportunity with a large private yard behind the garage that could add a third income stream to an already performing asset. The trailing net operating income is $53,600 with expenses under $7,400 for the year. At this price, you are acquiring a large, income-producing asset with real upside and room to grow in one of Los Angeles County's most active markets for multifamily investment. Whether you are an owner-occupant, a seasoned investor, or a 1031 exchange buyer, the size, income, and future potential of this property make it one of the stronger opportunities available in this price range today.

Location

State CA

County Los Angeles

Area Rn - Compton N Of Rosecrans, E Of Central

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks, Urban

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6176010033

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Samuel Woldeyesus Compass 949-689-1558, DRE #01915193

Nearby Locations

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Brianna Porter-Hoops

+1(916) 678-2709

brianna.porterhoops@gmail.com

1009 E Stockton Ave Compton, CA 90221

Brianna Porter-Hoops

Key Details

Location

Interior

Exterior

Building

Others

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1009 E Stockton Ave