15528 South White Avenue is a 9 + 1 unit investment opportunity located in Compton, California. Constructed in 1960, the 6,848 square foot building consists of (one) studio/one bathroom (non-conforming) unit, (two) one bedroom/one bathroom units, (six) two bedroom/one bathroom units and (one) three bedroom/one bathroom unit. The two-story property sits on a 9,473 square foot lot and offers carports, tuck under parking and a concrete driveway. In addition, the units are individually metered for gas and electricity and have individual hot water heaters.
The Seller is willing to finance the property with a 43% down payment at 5% interest only.
The property is located in East Rancho Dominquez, an unincorporated community subject to Los Angeles County rent control and is also within a census designated Opportunity Zone. In addition, the property is ideally situated in Compton and within a half of a mile to the 710 Long Beach Freeway. Because of its central location and proximity to Downtown Los Angeles, the city is well served by the Compton Blue Line Metro Station and bus transit, providing its residents many alternative ways of traveling to work, entertainment, dining, shopping, and home.
Based on information from California Regional Multiple Listing Service, Inc. as of October 15th, 2019 at 11:18am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.