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$ 1,700,000
Est. payment | /mo
17 Beds
9 Baths
6,759 SqFt
$ 1,700,000
Est. payment | /mo
17 Beds
9 Baths
6,759 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,759 sqft
Price per Sqft $251
MLS Listing ID 25547039
Bedrooms 17
HOA Y/N No
Year Built 1959
Lot Size 0.271 Acres
Property Description
We are proud to present 3920 E Alondra Blvd, a 9-unit mixed-use property in Compton, offered at an 8.39% CAP and 8.02 GRM on current rents, with upside potential to achieve a 11.17% CAP and 6.47 GRM upon stabilization. The subject property is situated in close proximity to the 91 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 separate structures a single-story commercial structure with one commercial unit and a two-story building with eight residential units offering a total of 6,759 rentable square feet which also features seven carport parking spaces which may serve as potential ADU conversions. Built in 1959, the property sits on a 11,814 SF corner lot with street access on both sides. The unit mix features one commercial unit with frontage on Alondra Blvd and S Caress Ave, as well as one three-bedroom one-bathroom unit and seven two-bedroom one-bathroom units. Seven out of nine units have been renovated. Contact the listing broker for additional details.
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Zoning LCC2YY
Interior
Fireplace No
Exterior
Parking Features Attached Carport
Attached Garage Yes
Total Parking Spaces 7
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7302001023
Special Listing Condition Standard
Listed by Casey Lins • Kidder Mathews of California, Inc.
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