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2327 E Myrrh Street

Compton, CA 90221
  • $3,088,888
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: RS21235247
$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: Isaac Rosales of Executive Bankers Realty


Description

**CASH FLOWS** 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 2021-12-08T00:26:55.663. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/122734564
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2327 E Myrrh Street Compton, CA 90221

  • Price: $3,088,888
  • Status: Active
  • On Site: 43 Days
  • 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
**CASH FLOWS** 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 4.67 Common Interest Community Apartment Community Features CurbsStreet LightsSidewalks Electric Expense 1716 Fuel Expense 2760 Garage YN No Gross Income 233748 Gross Scheduled Income 233748 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 144464 New Construction YN No New Taxes Expense 49422 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 81153 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 15369 Trash Expense 3494 Vacancy Allowance 8130 Vacancy Allowance Rate 4 Water Sewer Expense 7106 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Isaac Rosales of Executive Bankers Realty