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Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24021987
Sold Date 04/26/24
Construction Status Building Permit,Fixer,Under Construction
HOA Y/N No
Year Built 1925
Lot Size 4,586 Sqft
Lot Dimensions Assessor
Property Description
**Attentions Investors** This property offers an exceptional investment opportunity for savvy investors with a vision!! Two vacant separate structures situated one large rectangular lot, this offering includes an almost completed ADU project at the rear of the lot. The ADU structure boasts framing, foundation, plumbing, and electrical work completed, featuring a 2-bed, 1-bath layout spread over 750 sq ft. (Has its own separate address 736 W 139th st. Includes approved plans to be transferred over to new owner.)
Additionally, a front remodeled house of 539 sq ft, also with a 2-bed, 1-bath configuration, adds further value to this investment. Both structures rest on a generous lot spanning over 4,588 sq ft with no rent control—a significant advantage for potential cash flow.
Ideal for buy-and-hold rental income or a quick fix-and-flip strategy. This property presents an incredible opportunity for investors with a vision for ADU projects, buy-and-hold strategies, or strategic flipping. Don't miss the chance to explore the potential returns and versatility this property offers! Great location in Compton. Unincoprated area. Cash or hard money only! Near shopping, schools and restaurants, easy freeway access and public transportation and metro line. Will not last!
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Rooms
Other Rooms Two On A Lot
Interior
Interior Features Open Floorplan, Recessed Lighting, All Bedrooms Down
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Gas Dryer Hookup
Exterior
Fence Block
Pool None
Community Features Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Accessibility None
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Rectangular Lot, Street Level
Entry Level One
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Additional Building Two On A Lot
New Construction No
Construction Status Building Permit,Fixer,Under Construction
Others
Senior Community No
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 250.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Juan Manuel Arceo • NTMR Holdings Inc.
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