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1009 E Stockton Ave, Compton, CA 90221

  • $875,000

  • bed

  • bath

Multi-family for sale 64 days
Movoto is helping 89 homebuyers near you

About 1009 E Stockton Ave

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 5,534 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
1 unit can be delivered Vacant! Welcome to one of the only true 4 bedroom, 2 bath duplexes you will find on the market. Over 1,400 sq ft per unit, which is nearly unheard of in a duplex at this price point and exactly the kind of space that attracts stable, long-term tenants who stick around. Both units are occupied and currently generating $5,111 per month with a market rate of $6,900 per month. Tenants pay all utilities. Compton has no local rent control. Roof was replaced January 2025. One unit features a renovated interior with updated finishes throughout and both units have been well maintained over the years. Each unit has its own private entrance and the property includes two 2-car garages in the rear, currently serving the tenants but also presenting a compelling ADU conversion opportunity with a large private yard behind the garage that could add a third income stream to an already performing asset. The trailing net operating income is $53,600 with expenses under $7,400 for the year. At this price, you are acquiring a large, income-producing asset with real upside and room to grow in one of Los Angeles County's most active markets for multifamily investment. Whether you are an owner-occupant, a seasoned investor, or a 1031 exchange buyer, the size, income, and future potential of this property make it one of the stronger opportunities available in this price range today.
Listed by
Listing Agent - Samuel Woldeyesus
Listing Agent Contact: 949-689-1558
Listing Office - Compass
Source: CRMLS mls logo
MLS#OC26064278 • last updated 1 month ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Type Residential Income
SubType Duplex
Status Active
Lot Size (Acres) 0.127
Lot Size (SqFt) 5534
Year Built 1948
Interior
Laundry Inside
Exterior
Building Area Square Feet, 2864
# Parking Spaces 2
# Garage Spaces 2
Lot Description 2-5 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Street Lights, Urban, Sidewalks
Directions 105 Exit South On Long Beach Blvd, Head South To Stockton, Right On Stockton, 2nd Block On The Right.
APN 6176010033
Multifamily Details
Operating Expense 7330
Expense: Insurance 3200
Total Expenses 7330
Gross Income 61334
Gross Operating Income 58267
Gross Scheduled Income 61334
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  • Real Estate
  • CA
  • Los Angeles County
  • Compton
  • 90221
  • 1009 E Stockton Ave

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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