Movoto Real Estate

1702 N Long Bch, Compton, CA 90221

  • $1,890,000

  • bed

  • bath

Multi-family pending
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About 1702 N Long Bch

Property type Multi-family
Neighborhood
Year built 1937
HOA fee $0/month
Lot size 0.47 Acre
Movoto estimate
Rental estimate
Property description
1702-1712 N Long Beach Blvd. is a mixed-use investment property located in Compton, CA. Built-in 1937 and remodeled in 2020, the property is comprised of seventeen total units/spaces: nine (9) studio units; one (1) two-bedroom, two-bathroom unit; two (2) 4 bdr units upstairs; and five (5) storefront retail units. With over $150,000 invested in upgrades throughout the property, it features high street visibility, upgrades in several of the units, and on-site parking in the rear of the property. Plenty of lighting at night and newly installed security cameras on the premises. Stationed near the border of Compton and Lynwood, just north of Rosecrans Avenue and offers tenants and visitors access to various employment centers throughout Southern California via I-105 and I-710. The property's location also creates convenient access to several local retail outlets throughout the Compton, Lynwood, and Paramount areas. 1702 N Long Beach is an excellent opportunity for an investor looking to purchase an updated, mixed-used property with great cash-flow and attractive financial metrics.
Listed by
Listing Agent - Kevin Cooper
Listing Agent Contact: 562-618-8202
Listing Office - eXp Realty of California Inc
Source: CRMLS mls logo
MLS#PW26037124 • last updated 3 weeks ago
Movoto checked CRMLS for data 6 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Commercial/Residential
Status Pending
Lot Size (Acres) 0.466
Lot Size (SqFt) 20297
Year Built 1937
Interior
Laundry None
Exterior
Building Area Square Feet, 8512
Parking None
Lot Description 16-20 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Gutters, Curbs, Street Lights, Sidewalks
Directions Cross Streets Tucker & Long Beach Blvd.
APN 6177005010
Multifamily Details
Tenant Pays None
Expense: Trash 5000
Operating Expense 175000
Cap Rate 9.26
Expense: Insurance 18000
Total Expenses 120000
Expense: Water/ Sewer 8000
Gross Income 295000
Expense: Electric 13700
Gross Multiplier 6.07
Gross Scheduled Income 311000
Expense: Fuel 6500
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Around Compton

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  • Real Estate
  • CA
  • Los Angeles County
  • Compton
  • 90221
  • 1702 N Long Bch

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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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