Property lookup
Parking lots & garages
CA
Compton
90222
1109 Mulberry Ave

Back to Search

Property profile & analytics

FOR SALE

Parking lots & garages

1111-ST N Mulberry Ave Compton, CA 90222

0.17 ac lot

Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity

Property ID

US09-8723578

$1,499,000

1111-ST N Mulberry Ave, Compton, CA 90222
View Listing →

Google Maps

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.