1307 East Peck Street
$2,300,000
14
10
5,016
5,016
$459
Description
We are pleased to present 1307 & 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 &1311 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...We are pleased to present 1307 & 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 &1311 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 & 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.
- Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 1307 East Peck Street
Zoning
COPRH*
Parcel Number6167030022
Total Units10.0
Living Area5016
Source Living AreaAssessor
AreaCompton N of Rosecrans, E of Central (RN)
Vacancy Rate10%
Lot Size Area17323
LISTING UPDATED: 11/04/2024 09:20 AM
Property Details for 1307 East Peck Street
Status | Active |
---|---|
MLS # | 24-450299 |
Days on Market | 46 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.40 AC / 17,323 SF |
County | Los Angeles County |
Building Information for 1307 East Peck Street
Stories1Residences-Year Built1950Building Size-Lot Size0.40 AC / 17,323 SF
Property Information for 1307 East Peck Street
Property History for 1307 East Peck Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1307 East Peck Street
Taxable ValueLand$273,408Additions$546,820Total$820,228
Tax Record2024$14,910 ($1,242 / month)
Home Facts
Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtLot Size8,684 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningCOPRH*CountyLOS ANGELESAPN6167-030-022
Schools near 1307 East Peck Street
This home is within Compton Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Foster Elementary School PublicK to 5 | ||
Whaley Middle School Public6 to 8 | ||
Dominguez High School Public9 to 12 | ||
Lifeline Education Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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