410 Pearl Avenue

Compton, CA 90221

$1,025,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $359 / sqft

1953

calendar_month Built

Property Description

Investment Opportunity!! This well-maintained fourplex offers excellent potential for investors seeking strong returns Built in 1953, the property consists of three buildings: *** Unit (A) is a 3 bed & 1.75 bath house with its own backyard and attached one car garage *** Unit B: Is a comfortable 2-bedroom, 1-bathroom unit *** Units C & D: Are two charming 1-bedroom, 1-bathroom units Reposition and unlock additional revenue with proforma rents almost doubling current income! Additional opportunity also exists with the 580 sq ft garage. Currently used for storage, it has the potential to be converted into an Accessory Dwelling Unit (ADU), generating additional rental income. Strong Rental Market Current rents total $5,585/month, with an estimated 40%+ in upside potential rent. This property is ideal for investors seeking a fix-and-flip strategy or a long-term hold with significant income growth. Highlights: Four-unit apartment complex in desirable location Large lot with development potential (zoned CORH) Three well-maintained buildings Significant upside potential Potential ADU conversion opportunity This property is exempt from LA City rent control, offering additional flexibility for investors

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 410 Pearl Avenue
City Compton
State CA
Zip 90221
County Los Angeles
Listing Agent Isaac Rosales DRE#01389408
Courtesy Of Executive Bankers Realty
MLS RS24082180
List Price $1,025,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 8,493
Year Built 1953
DOM 2

Exterior Information

Maps

Listing information courtesy of: Isaac Rosales, Executive Bankers Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 27th, 2024 at 6:15 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.