Bought with Doug Rodermund
$2,370,000
$2,450,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.36 Acres Lot
SOLD DATE : 06/13/2025
Key Details
Sold Price $2,370,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW25067268
Sold Date 06/13/25
Year Built 1990
Lot Size 0.356 Acres
Source California Regional MLS
Property Description
Pleased to present 117-119 E. Cypress Street, a rare opportunity to purchase a 1990 construction property with an ideal unit mix of majority 2-bedroom units. Unit amenities include large floorplans, patios/balconies, garages, carports and gated entry/parking. Compton is an excellent rental market for apartment owners with no municipal rent control. Rental demand outpaces supply year after year resulting in historically-low vacancy rates. The property has a central location (30 minutes or less median travel time to work) and benefits from the city's large renter profile.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry None
Exterior
Garage Spaces 19.0
Pool None
Building
Water District - Public
Others
Tax ID 6160020017
Special Listing Condition Not Applicable
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