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Listed by Doug Rodermund • Morgan Skenderian
$2,450,000
Est. payment /mo
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPW25067268
Year Built 1990
Lot Size 0.356 Acres
Source California Regional MLS
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 city's large renter profile.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry None
Exterior
Garage Spaces 19.0
Pool None
Building
Water District - Public
Others
Tax ID 6160020017
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033