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$ 2,370,000
$ 2,450,000 3.3%
Est. payment | /mo
3 Beds
$ 2,370,000
$ 2,450,000 3.3%
Est. payment | /mo
3 Beds
Key Details
Sold Price $2,370,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25067268
Sold Date 06/13/25
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
Pleased to present 117-119 E. Cypress Street, a rare opportunity to purchase a 1990 construction property with an ideal unit mix of majority 2-bedroom units. Unit amenities include large floorplans, patios/balconies, garages, carports and gated entry/parking. Compton is an excellent rental market for apartment owners with no municipal rent control. Rental demand outpaces supply year after year resulting in historically-low vacancy rates. The property has a central location (30 minutes or less median travel time to work) and benefits from the citys large renter profile.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of Willowbrook and North of Alondra Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6160020017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Doug Rodermund Morgan Skenderian
Bought with Doug Rodermund Morgan Skenderian
Bought with Doug Rodermund Morgan Skenderian
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Ben Biggs
REALTOR® | Lic# 02016327