10-Unit Apartment
For Sale
Contact for pricing
1307 E Peck St, Compton, CA 90221
Two single-story buildings offer a varied unit mix, renovated residences, garages, and onsite parking.
Property Size5,016 SF
Lot Size0.40 Acres
Price / SF$337.92
Days on Market194
Property Features for 1307 E Peck St
General Information
Standard status
Active
Size
5,016 SF
Net Rentable
5,016 SF
Class
C
Total Parking Spaces
10
Lot size
0.40 Acres
Property subtype
Multifamily
Zoning
COPRH
Occupancy
70%
Investment Type
Value Add
Net Operating Income
$129,942
Financials
Cap Rate
7.61%
Gross Rent Multiplier
8.5
Units
Unit Mix
4 x 2BR, 6 x 1BR
Multifamily Units
10
Additional Details
Highway Access
Yes
Building Details
Year Built
1950
Buildings
2
Stories
1
Units
10
Listing Agency:
Kidder Matthews
Listed By:
Casey Lins · License #01902650
(213) 225-7223
Source:
Crexi
Added: Apr 6
Changed: Oct 10
Last Checked: Oct 14 at 10:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Matthews
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Investment Insights
Based on property information with market context.
This multifamily property consists of two adjacent, single-story buildings with five units each. The community provides 5,016 rentable square feet on a 17,323-square-foot parcel, with four two-bedroom apartments and six one-bedroom apartments. Built in 1950, the property has renovated half of its units, and one renovated two-bedroom residence will be delivered vacant. Onsite improvements include uncovered parking and 10 one-car garages, which may support ADU conversions.
The property is located in Compton near the 105 and 710 freeways, providing access to Los Angeles, Lynwood, South Gate, Gardena, and Long Beach. Nearby amenities include Compton Town Center, Plaza Mexico, the Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. Current operating metrics are reported at a 7.61% CAP and 8.50 GRM, with projected metrics of a 10.07% CAP and 6.94 GRM.
The property is located in Compton near the 105 and 710 freeways, providing access to Los Angeles, Lynwood, South Gate, Gardena, and Long Beach. Nearby amenities include Compton Town Center, Plaza Mexico, the Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. Current operating metrics are reported at a 7.61% CAP and 8.50 GRM, with projected metrics of a 10.07% CAP and 6.94 GRM.
Key Highlights
- 10‑unit community across two five‑unit, single‑story buildings
- 5,016 rentable SF on 17,323 SF of land
- Unit mix includes 4 two‑bedroom and 6 one‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,711
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,614,220
$1.6M
Cap Rate 7%
$1,153,014
$1.2M
Cap Rate 9%
$896,789
$896.8K
Market Conditions
NOI Build-Up for 5,016 SF
Gross rent
$159.5K $31.80/SF
− Vacancy
−$12.8K −$2.54/SF
EGI
$146.7K $29.26/SF
− OpEx
−$66.0K −$13.17/SF
NOI
$80.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,614,220
Cap Rate 7%
$1,153,014
Cap Rate 9%
$896,789
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.01M – $1.35M
NOI $80,711 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.35M – $3.13M
NOI $187,988 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
10
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Explore this area
Business Placement
Demographics for 90221, CA
52,561
Population
12,854
Households
4.1
Avg Household Size
31
Median Age
8%
College-Educated
58%
High-School Grad
5.4 sq mi
ZIP Area
9,734
Density / Sq Mi
$68,191
Median Household Income
$34,426
Median Earnings
$1,600
Median Rent
$541,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two single-story buildings offer a varied unit mix, renovated residences, garages, and onsite parking.
Where is this apartment building located?
The property is located at 1307 E Peck St Compton, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 10‑unit community across two five‑unit, single‑story buildings; 5,016 rentable SF on 17,323 SF of land; Unit mix includes 4 two‑bedroom and 6 one‑bedroom apartments
