1307 E Peck Street, Compton CA, 90221

Active

1307 E Peck Street

Compton CA, 90221

$2,300,000

$458.53 per sqft

Active

14 Beds

10 Baths

5,016 sqft

Residential

Built in 1950

Listed by Casey Lins with Kidder Mathews of California, Inc. 714-333-6768

We are pleased to present 1307 & 1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 6.50% CAP and 10.03 GRM on current rents with upside to operate at a 9.04% CAP and a 7.86 GRM. The property consists of adjacent 5-unit buildings located at 1307 &1311 E Peck, which is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single story side by side five-unit buildings constructed in 1950 with a strong unit mix of 4 two-bedroom units and 6 one-bedroom units located on 17,323 sf of land. Half of the units have been renovated, and one unit will be delivered VACANT. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions.

24450299

MLSⓇ ID

October 8, 2024

Listed

October 17, 2024

Updated

Map

1307 E Peck Street
Compton CA, 90221

Interior Features

Total Stories: 1
Bedrooms: 14
Total Bathrooms: 10
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.4 Acres

Other Property Details

Area Name: RN - Compton N of Rosecrans, E of Central
Days on Market: 8
Garage: Yes
Garage Spaces: 10
Parking Total: 10
View: No
County: Los Angeles
Pool: No
Zoning: COPRH*

Listing Contact: 858-369-3010

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/17/2024 at 8:03 PM UTC