Compton, CA 90221,209 S Willow AVE
Compton, CA 90221,209 S Willow AVE
Compton, CA 90221,209 S Willow AVE
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$1,350,000

$1,405,000

3.9%
Est.Price: ?

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Est. payment /mo

6,756 Sqft Lot


SOLD DATE : 09/23/2024

Key Details

Sold Price $1,350,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24001577

Sold Date 09/23/24

HOA Y/N No

Year Built 1963

Annual Tax Amount $17,563

Lot Size 6,756 Sqft

Property Description

209 S. Willow Avenue offers a buyer an excellent investment opportunity to purchase a 6-unit building in Compton, California. Compton is known as the "Hub City" because of its exact geographical location in the center of Los Angeles County with easy access to all Los Angeles area freeways. This property is located next to the Alameda Corridor, a passageway of 25 percent of all U.S. waterborne international. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial serves and textile manufacturing. This investment opportunity consists of (1) one bedroom/one bathroom, (4) two bedroom/one bathroom and (1) three bedroom/two bathroom units. This property also features carports, large floorplans, and on-site laundry. It offers a new owner the opportunity to easily increase rents and further increase the already high cash on cash return.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning COPRH*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Assigned

Carport Spaces 5

Pool None

Community Features Gutter(s), Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6179002025

Energy Description 2114.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Rodermund • Morgan Skenderian • dsr@morganskenderian.com
Bought with Franklin Holifield • Hilton Properties and Realty
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