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134 E Cypress ST Compton, CA 90220
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Key Details
Sold Price $625,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,143 sqft
Price per Sqft $291
MLS Listing ID PW19026815
Sold Date 10/04/19
HOA Y/N No
Year Built 1952
Lot Size 7,836 Sqft
Acres 0.1799
Property Description
Great opportunity to own a proforma 7 cap triplex in Compton. No rent control, this fully leased triplex has been well maintained and cared for. Extremely low vacancy and a great performing property, this is a great way to start your portfolio. Featuring a 3 bed, 1 bath front unit, and two 1 bed 1 bath rear units, this property requires little to no maintenance as the rental rates are strong. Additionally, for the owner/investor, this unit qualifies for FHA financing, and the owner can stay in the front unit and rent the two rear units to offset mortgage costs. Truly a gem of an opportunity in a well established area.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning CORH*
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Fireplace No
Laundry CommonArea
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 2
Private Pool No
Building
Lot Description FrontYard
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6160021010
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Shane Williams • Firstline Home Loans, Inc.
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