1407 South Long Beach Boulevard

Compton, CA 90221

$549,000
Price
6
Beds
5
Baths
2,111 Sq. Ft.
$260 / Sq. Ft.
2,111
Sq. Ft.
$260
per Sq. Ft.

Description

This property, located on the bustling Long Beach Blvd, offers a fantastic investment opportunity. Zoned for commercial use, the building currently has 5 units, with 3 units to be delivered vacant upon closing. While some of the units require work and updates, this provides the perfect blank slate for a savvy investor to add value and customize to their liking.This property, located on the bustling Long Beach Blvd, offers a fantastic investment opportunity. Zoned for commercial use, the building currently has 5 units, with 3 units to be delivered vacant upon closing. While some of the units require work and updates, this provides the perfect blank slate for a savvy investor to add value and customize to their liking.
  1. Listed by Sierus Erdelyi • DRE #01870547 • Brokerage DRE #01870547 • TruLine Realty
  2. Listed by Jenifer Saavedra • DRE #02032304 • Brokerage DRE #01870547 • TruLine Realty

Property Details for 1407 South Long Beach Boulevard

Zoning
COCL*
Style
Traditional
Parcel Number
6164011017
Total Units
5.0
Living Area
2111
Source Living Area
Other
Area
Compton S of Rosecrans, E of Alameda (RO)
Vacancy Rate
60
LISTING UPDATED: 11/07/2024 03:10 PM

Property Details for 1407 South Long Beach Boulevard

StatusActive
MLS #24-455827
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.10 AC / 4,445 SF
CountyLos Angeles County

Building Information for 1407 South Long Beach Boulevard

Stories2Residences-Year Built1949Building Size-Lot Size0.10 AC / 4,445 SF

Property Information for 1407 South Long Beach Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: residencial
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $50,400
  • Net Operating Income: $50,400.00
  • Gross Income: $50,400
  • Gross Rent Multiplier: $9.92
  • Total Annual Expense: 16000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.102
  • Lot Size Square Feet: 4445
  • Lot Size Dimensions: 40x110
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage
  • Total Parking: 0
  • Parking Features: Driveway, Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: Built-Ins
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs, Other
Lease Terms
Lease Terms
  • Entry Date: 10-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $54,433.00
  • Assessed Improvement Percent: 56.92
  • Assessed Land Value: $41,190.00
  • Assessed Land Percent: 43.08
  • Assessed Total Value: $95,623.00

Property History for 1407 South Long Beach Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1407 South Long Beach Boulevard

Taxable ValueLand$42,013Additions$55,521Total$97,534
Tax Record2024$3,569 ($297 / month)
Home Facts
Total Finished SqFt462 SqFtAbove Grade Finished SqFt462 SqFtStories1Lot Size4,443 SqFtStyleOffice BuildingYear Built1949ZoningCOCL*CountyLOS ANGELESAPN6164-011-017

Schools near 1407 South Long Beach Boulevard

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Emerson Elementary School
PublicK to 8

Roosevelt 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.

Similar Homes

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1407 South Long Beach Boulevard is a multi-family home for sale in Compton, CA 90221. This property was listed for sale on October 23, 2024 by TruLine Realty, it's currently listed at $549,000. This listing's school district is Compton Unified School District. Nearby schools include Emerson Elementary School, Roosevelt Middle School and Dominguez High School. 1407 South Long Beach Boulevard is a 6-bed, 5-bath, 2,111 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TruLine Realty, Sierus Erdelyi, DRE #01870547; TruLine Realty, Jenifer Saavedra, DRE #02032304

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.