E Peck St, Compton, Home For Sale

We are pleased to present 1307 and 1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 6.50% CAP and 10.03 GRM on current rents with upside to operate at a 9.04% CAP and a 7.86 GRM. The property consists of adjacent 5-unit buildings located at 1307 and1311 E Peck, which is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art and History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single story side by side five-unit buildings constructed in 1950 with a strong unit mix of 4 two-bedroom units and 6 one-bedroom units located on 17, 323 sf of land. Half of the units have been renovated, and one unit will be delivered VACANT. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions.