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701 S Willowbrook AVE Compton, CA 90220
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Key Details
Sold Price $1,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24214868
Sold Date 01/31/25
HOA Y/N No
Year Built 1957
Annual Tax Amount $26,158
Lot Size 7,888 Sqft
Property Description
Pleased to present an exceptional investment opportunity in Compton, CA. This 6-unit apartment building offers a great mix of 1, 2, and 3-bedroom layouts with spacious floorplans and washer & dryer hookups. Renovated inside and out, the property boasts private garages and presents significant rental upside. Built in 1957 and situated in a non rent-controlled area, this multifamily gem provides an excellent chance to maximize returns. With a prime location and no city rent control restrictions, this property presents the ideal investment for the savvy multifamily investor seeking a high-potential, low-rise opportunity.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning CORH*
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6160008021
Energy Description 2367.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Doug Rodermund • Morgan Skenderian