$1,350,000 1008 N Burris Avenue Compton, CA

MLS: 21705784   Type: Income   County: Los Angeles   City: Compton   Area: Compton S Of Rosecrans - E Of Alameda   Zip: 90221     Stories: 1

Mortgage $6,338 /mo



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We are pleased to present 1008 N Burris Avenue- a six (6) unit multifamily investment opportunity located in Compton, CA and built in 1955. The single story, bungalow style property consists of six (6) One Bedroom / One Bath units. The property has been well-maintained and has a newer roof in place. The bungalow style units allow tenants more privacy and single family residence type living. The property possesses a total of eight (8) carport parking spots. Situated on a large lot spanning 9,618 SF with 2,800 SF of building space, the building offers a comfortable amount of room for each unit. The offering is priced at a just under a 5.0%CAP and 13.56 GRM, which are attractive rates in this active and emerging market.1008 Burris Avenue will surely benefit the investor with high returns, providing a strong CAP rate and extremely low annual expenses. With historically high rental demand in the Compton Multi-Family market, an investor can benefit from receiving full rental income from a well-maintained, stabilized property that provides on-site parking and excellent amenities.

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Price History

3/19/2021 Listed $1,350,000

Carport Y/N Yes
Cooling Wall/Window Unit(s)
Heating Wall Furnace
MLS Area RO - Compton S of Rosecrans, E of Alameda
Parking Features Carport
Property Type Residential Income
Senior Community Y/N No
Total Units 6
Zoning COPRH*

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.22
Lot Size Area 9618
Lot Size Source Assessor
Lot Size Square Feet 9618
Lot Size Units Square Feet
Number of Buildings 2

Property Schools

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Property vs Zip Code Avg (90221)

Price 1.35M Avg 1.05M

Acres 0.22 Avg 0.18

Visits 74 Avg 28

Days on Site 35 Avg 85

Walkscore® 73 Avg 75

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Derrick Vartanian with Keller Williams Silicon Beach.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA