5526 Compton Avenue, Los Angeles, CA 90011

$574,999

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List Price
$574,999
Status
PENDING
MLS#
DW26190862
Year Built
1905
Lot Size
6,400
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
5
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

INVESTOR OPPORTUNITY – 2 HOMES ON 1 LOT! This property at 5526 Compton Ave., Los Angeles features two separate homes on one lot, offering an excellent opportunity for investors looking to renovate and add value. The property sits on a 6,000+ sq. ft. lot and is zoned LARD1.5. Both homes are being sold in AS-IS condition with existing tenants. This is a true fixer opportunity with potential for investors to improve the existing structures and explore the possibilities offered by the lot and zoning. Important: This property will not qualify for conventional financing. Cash or alternative financing may be required. Property Highlights: 2 Separate Homes on 1 Lot 6,000+ Sq. Ft. Lot LARD1.5 Zoning Investor/Fixer Opportunity Existing Tenants Sold AS-IS Not Eligible for Conventional Financing Potential Income-Producing Property Buyer to conduct their own due diligence regarding zoning, permits, tenant status, square footage, development potential, and all other property information.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$24,696

Listing courtesy of Listing Agent: Luis Carlos Hernandez (Luishernandez@c21abs.com) from Listing Office: Century 21 A Better Service.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.