1108 E Tucker Street #B
Compton, CA 90221
0.20 acres | #SB25074745
Description
Welcome to 1108 E. Tucker Street in Compton where you will find a completely remodeled triplex in 2024. This TURNKEY property is on a 195 foot deep lot with room to build or add an ADU. This property has an electric gate for privacy and security. In addition this amazing Tri-plex has a single family in the front unit and a duplex in the rear. All permits and construction signed off by the city of Compton and the city pre-inspection has been completed.
FRONT UNIT HAS new Roof & new Gutters, new Windows & Blinds & new Doors, new 100 amp Electrical panel, new Pre-wired for solar or charging station, new kitchen with all new stainless steel appliances, stove, microwave, Refrigerator and dishwasher, new Heater & New Hot Water Heater, new Plumbing, new drain lines, new Laundry hookups, new Remodeled bathroom, new recessed lighting and new Vinyl Flooring.
REAR UNITS have new Kitchens with Butcher Block counters & new Refrigerators & new Stoves, new Roof & new Gutters, new Windows & Blinds & New Doors, new Heaters, new Plumbing, new Vinyl Flooring and a new Hot Water Heater.
Front Unit has 5 off street parking including detached Garage with 5 remote controls for the electric gate.
Back Unit has 2 Off street Parking Spaces & 2 Remote Controls with remotes for electric gate. This property has NO deferred maintenance. This amazing property has a high return with low maintenance and great upside and long term potential
FINANCIALS: 6.8 % Cap Rate with Actual Income & Expenses.
The Front Unit currently leased, 1 year @ $3,350 a month.
Unit A is currently leased for 1 year @ $2,100 a month.
Unit B is currently leased for 1 year @ $2,300 a month.
Income $7,750 a month
Annual Income $93,000
Expenses.
$50 Gardner
$85 per month for water. Units A&B
$4050 annual insurance
$175 permits
$13,885 annual property taxes ( based on sales price )
$18,245 Annual expenses.
No local rent control
Subject to AB 1482 state wide rent control
Property Details
- InteriorBlockWalls, CeilingFans, GraniteCounters, RecessedLighting
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
- Lot DescriptionFrontYard, NearPublicTransit
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,100,000
- MLS #SB25074745
- MLS #SB25074745
- Cost1100000
- Property SubtypeTriplex
- Acres0.1954
- FoundationRaised
- Utility SourcePublic
- Year Built1941
- Stories1
- Parking Spaces2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Mike Baker (#SBAKEMIK)
Listing Office: Estate Properties (#S5251)
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