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2327 E Myrrh St, Compton, CA 90220

  • $2,638,888

  • bed

  • bath

Multi-family for sale 51 days
Movoto is helping 89 homebuyers near you

About 2327 E Myrrh St

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Parking 10 garage spaces
Property description
Rare 10-unit multifamily Opportunity Zone property in Compton, ideally positioned for investors seeking strong income, scale, and long-term upside. This well-located asset offers a compelling blend of current cash flow and value-add potential, with a mix of one-bedroom and two-bedroom units that appeal to steady workforce housing demand. The property is generating approximately $22,515 in monthly scheduled rent, supported by an attractive in-place revenue profile and projected year-1 NOI of about $176,233. With Opportunity Zone positioning, this offering presents a compelling chance to acquire a multifamily asset in a market where quality rental housing continues to see consistent demand. Bright, functional, and income-producing, 2327 E Myrrh St is the kind of investment that checks the boxes for both yield-focused buyers and long-term holders. A strong addition to any portfolio, this is a chance to secure a stabilized 10-unit property with room for future appreciation and strategic growth.
Listed by
Listing Agent - Isaac Rosales
Listing Agent Contact: 310-754-0124
Listing Office - Executive Bankers Realty
Source: CRMLS mls logo
MLS#RS26074835 • last updated 1 month ago
Movoto checked CRMLS for data 2 minutes ago
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Overview
Levels/Style Multi/Split, Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.2775
Lot Size (SqFt) 12087
Year Built 1963
Condition Updated/Remodeled
Interior
Exterior
Building Area Square Feet, 7160
Roof Composition
Parking Carport, Attached Carport
# Parking Spaces 10
# Garage Spaces 10
Lot Description Sprinklers In Front, 0-1 Unit/Acre, Sprinkler System
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Urban
Directions Atlantic Blvd And Nyrrh St
APN 6180008024
Multifamily Details
Vacancy Allowance Rate 5
Vacancy Allowance 13509
Expense: Trash 3470
Gross Spendable Income 176223
Laundry Income 3600
Operating Expense 84038
Cap Rate 6.67
Expense: Insurance 3889
Total Expenses 84038
Expense: Maintenance 4670
Expense: Water/ Sewer 3650
Gross Income 273780
Gross Operating Income 260271
Expense: Electric 1235
Gross Multiplier 9.8
Gross Scheduled Income 270180
Expense: Fuel 2900
Expense: Gardener 1400
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  • 2327 E Myrrh St

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CRMLS Multiple Listing Service™ system
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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