928 E Golden St, Compton, CA 90221

928 E Golden St, Compton, CA 90221

Compton, CA

Property Description

This quaint duplex is situated within 1.5 miles of the Compton Metro Rail Station, downtown Compton, and the upcoming 501/601 E Compton Blvd Specific Plan scheduled to include 239,272sqft of new residential, retail, and community amenities. As an investment 928 E Golden Street provides plenty of room to grow with only half of its 5,792sqft currently being utilized. ADU potential combined with an upside to rents allows for multiple options at an affordable price. Being built in 1938, but being moved for the Century Fwy, resulted in the second story of the front house being built in the 70s with a Jack & Jill style bathroom upstairs and hardwood floors throughout. The front unit provides 1,020sqft, and the rear unit provides 600sqft, of livable space. There is 6 feet between the front and rear units and both units provide individual washer and dryer hookups and are individually metered for gas and electric. Do not disturb tenants. Drive by only. Property to be shown with accepted written offer only.

Property Features

  • Sale Price: $625,000
  • Area Size: 1,620 SF
  • Year Built: 1938
  • Listing Date: 9/2/2021
  • Units: 2
  • Current GRM: 16.80
  • Current Cap Rate: 3.63%
  • Price Per Unit: $312,500
  • Market GRM: 13.53
  • Market Cap Rate: 5.03%

Lyon Stahl Investment Real Estate

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