510 S Tamarind Ave Compton, CA 90220
Property Features for 510 S Tamarind Ave
General Information
- Property type
- Investment
- Standard status
- Pending
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1952
Source:
Elliman
Listing Agent: Eddy Chavarria
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Updated Fourplex: Investment Opportunity
This fourplex presents a strong investment opportunity with immediate returns. Currently, the property generates income at a 6.34% CAP rate and a 12.95 GRM. The property has been updated and well-maintained. The property features one 2-bedroom, 1-bath unit with modern upgrades, along with three 1-bedroom, 1-bath units. In 2023, a full copper repipe was completed throughout all four units. The property includes four detached 1-car garages plus six uncovered parking spaces. Mature fruit trees, including avocados and mangos, are located on the property. The property is located just west of the 710 Freeway with access to the 105 and 91, providing connectivity to Los Angeles, Long Beach, Lynwood, South Gate, and Gardena. Nearby attractions include Compton Town Center, Plaza Mexico, the Compton Art & History Museum, and the Dominguez Rancho Adobe Museum.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.2214542
- Latitude
- 33.8919173
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with strong income and future upside.
Where is this quadplex located?
The property is located at 510 S Tamarind Ave Compton, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: - Strong investment opportunity: Generates immediate income with a 6.34% CAP rate and 12.95 GRM.; - Full copper repipe (2023): Reduces long-term maintenance and enhances property value.; - Four detached garages + 6 uncovered spaces: Offers parking convenience and potential for additional income.
