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2327 E Myrrh Street

Compton, CA 90221
  • $3,088,888
  • STATUS: Active
  • ON SITE: 210 Days
  • ID#: RS21235247
UPDATED: 33 min ago
$3,088,888
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Isaac Rosales of Executive Bankers Realty (562-869-4717)


Description

**Opportunity to position market rent tenants** 10 unit complex consisting of 7 (2) bedrooms and 3 (1) bedrooms and property has its own community laundry room adding to cash flows. Property was recently renovated in 2019 with new windows, new kitchens, bathrooms, painting, washer and dryers, and providing all units with stove and fridge. Top of market rents, All tenants are a mix of Section 8 and market tenants. Each tenant has security of a fully gated building and monitored by security cameras watching over the building 24/7. Possible seller carry on a case by case.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T07:31:44.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/122734564
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2327 E Myrrh Street Compton, CA 90221

  • Price: $3,088,888
  • Status: Active
  • On Site: 210 Days
  • Updated: 33 min ago
  • ID#: RS21235247
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1963
Built
Neighborhood:
RO - Compton S of Rosecrans, E of Alameda
County:
Los Angeles
Area:
RO - Compton S of Rosecrans, E of Alameda
Property Description
**Opportunity to position market rent tenants** 10 unit complex consisting of 7 (2) bedrooms and 3 (1) bedrooms and property has its own community laundry room adding to cash flows. Property was recently renovated in 2019 with new windows, new kitchens, bathrooms, painting, washer and dryers, and providing all units with stove and fridge. Top of market rents, All tenants are a mix of Section 8 and market tenants. Each tenant has security of a fully gated building and monitored by security cameras watching over the building 24/7. Possible seller carry on a case by case.
Exterior Features

Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 10 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.82 Common Interest Community Apartment Community Features CurbsStreet LightsSidewalks Electric Expense 1716 Fuel Expense 2760 Garage YN No Gross Income 237000 Gross Scheduled Income 237000 Insurance Expense 3480 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeOwner May Carry Maintenance Expense 3600 Net Operating Income 148755 New Construction YN No New Taxes Expense 49422 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 81389 Other Expense 810 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 9668 Trash Expense 3494 Vacancy Allowance 8295 Vacancy Allowance Rate 3 Water Sewer Expense 7106 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T07:31:44.907. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Isaac Rosales of Executive Bankers Realty (562-869-4717)