We are pleased to present 8800 Compton Ave, a rare FULLY VACANT property in Los Angeles consisting of 2 one-bedroom units + 1 commercial structure that is primed for an ADU conversion into 2 additional units with the potential to operate at a 10%+ CAP rate. Built in 1926, this opportunity consists of two separate structures totaling 1, 864 rentable square feet that is situated on a 6, 047 square foot, LCC3 zoned corner lot, with street frontage off of Compton Ave and E 88th St as well as with alley access. The unit mix consists of 2 one-bedroom units located in front duplex with a rear commercial building that was previously used as a church. Being delivered 100% vacant presents the next investor a unique opportunity to immediately reposition the property, and either re-rent the commercial unit to a new user or add density by converting the structure to 2 ADUs with 2 one-bedroom units
Extra Information for 8800 Compton Ave Los Angeles, CA
- Seller Type:
- Category: Single-Family Houses
- Listed Date: Oct 24, 2024
