1109 Mulberry Ave, Unit AB Compton, CA 90222-4112
- Parking lots & garages
- 0.17 lot acres
Dec 08, 2021
Current Use by Public Records
- Parking lots & garages
Property Details for 1109 Mulberry Ave
- Lot size
- 0.17 lot acres
- Zone code
- COPH*
- Property type
- Parking lots & garages
- APN
- 6167-002-034
- APU
- 6167002034
Description
This exceptional 2021-built multifamily property in Compton, CA, presents a compelling investment opportunity. The property consists of two buildings, totaling 4,027 square feet on a 6,700 square foot lot, and features three units: two spacious townhome-style units, each boasting 1,614 square feet with four bedrooms, three bathrooms, in-unit laundry, and modern open floor plans featuring granite countertops and stainless steel appliances. A third unit, an approximately 800-square-foot ADU, adds to the property's rental income potential. All units are move-in ready and benefit from individually metered utilities, tankless water heaters, and paid solar panels, minimizing operating costs. The property also includes six parking spaces within a gated area and additional off-street parking. Located in Los Angeles County, with convenient access to the 710, 91, and 105 freeways, this property offers a strong net operating income (NOI) of $105,865, making it an attractive investment for those seeking immediate returns and long-term value. The property is zoned COPH* and has an asking price of $1,525,000, resulting in a price per square foot of $379. The property is also suitable for a 1031 exchange. This turnkey investment is ready for immediate income generation.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $275,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Compton
- County
- Los Angeles
- State
- California
- Longitude
- -118.224
- Latitude
- 33.904
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
