Listed by Barak Cassilly with Kidder Mathews of California, Inc.

1317 E Alondra Boulevard

Compton, CA, 90221

$3,900,000

$268 per ft²
$3,900,000
$268 per ft²
Active
Active
 - For Sale
beds
28 Beds
baths
28 Baths
carpenters-square
14,532 ft²
property_type
Multi-family
calendar
Built 1963
$200k PRICE REDUCTION! "The Alondra 15", a 15 unit courtyard-style multi-family property, underwent a full renovation in 2016 and presents investors with an attractive unit mix consisting of majority 2 bed 2 bath units. Priced competitively at a 12.96 GRM and 5.29% CAP with upside to a 7% CAP, the property is well positioned for any investor seeking a quality asset in a proven submarket. The property is situated on the Northwest corner of Alondra Blvd & S Crane Ave, just off of Long Beach Blvd in Compton. Compton is rapidly emerging as a large industrial center in Los Angeles County for transit and distribution, business services, high technology, home and lifestyle products, metals, financial services, and textile manufacturing. This 15 unit investment property has secured entry throughout the property, a central courtyard, 7 garages, & 7 carport parking spots. Opportunity knocks with a well performing building on a corner lot within a proven submarket. Contact the listing team for additional information.
MLS® ID:
23239663
Listed:
2/6/23
Updated:
3/25/23
Coldwell Banker
Frank Ponce
Mobile: (310) 503-4158Email: frank@frankponce.com

Interior Features

Kitchen Appliances
Dishwasher, Microwave, Refrigerator, Dryer, Washer
Total Bedrooms
28
Total Bathrooms
28
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.35 acres lot

Other Property Details

Area Name
RO - Compton S of Rosecrans, E of Alameda
Garage
Yes
Garage Spaces
7
Parking
Carport, Garage
Parking Total
14.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
COCL*
Buyer Agency Compensation
2.500

Property History

Date
Event
Price
Value
3/9/23
Price Change
$3,900,000
-4%

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/25/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/25/23 at 2:56 PM UTC

Coldwell Banker
Frank Ponce
Mobile: (310) 503-4158Email: frank@frankponce.com
Contact