410 Pearl Avenue, Compton, CA 90221
-
Listed Price :
$1,025,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1953
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 |
List Price |
$1,025,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Quadruplex |
Structure Size |
N/A |
Lot Size |
8,493 |
Year Built |
1953 |
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.