USACACompton1004 N Poinsettia
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$799,000

For Sale

2 days ago

1004 N Poinsettia, Compton, CA

Condo

MLS® CV26053100

0 Bed

0 Bath

--

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1955
MLS® Number CV26053100

Property Address: 1004 N Poinsettia, Compton, CA, 90221

Average square foot calculated using Size range provided by listing agent.

Description

Trust Sale priced to sell. Rare opportunity to acquire a 7 unit multifamily asset in Compton at an aggressive entry basis. Distressed value add opportunity ideal for experienced investors seeking significant upside through renovation and repositioning. Property to be sold AS IS with buyer to assume existing tenancies. Currently 5 of 7 units are occupied, providing in place income with immediate upside through lease up and rental increases. Rents are significantly below market, currently ranging from approximately $500 to $650 per month. Unit mix consists of two 2 bedroom 1 bath units and five 1 bedroom 1 bath units, all with one car garages. Based on projected post renovation performance, the property may support approximately $168, 000 in gross scheduled income and a stabilized value in the $1.5M to $1.7M range. Offered at approximately $107, 000 per unit and an estimated 4.5 GRM on pro forma. Seller to provide available estoppels and disclosures. Some occupants have indicated possible willingness to relocate however no guarantees are made and buyer to independently verify all tenancy matters. Listing agents will not participate in tenant negotiations. Ideal for cash or well capitalized investors comfortable with renovation, vacancy and repositioning. Conveniently located near major freeways transportation corridors and local amenities supporting long term rental demand. All rental figures are pro forma estimates based on post renovation potential and do not represent current actual rents. All information is deemed reliable but not guaranteed may be inaccurate or incomplete and is subject to buyer verification.
MLS® NumberCV26053100
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1955
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 13, 2026List Date
$799,000List Price
  • Commute

Commute

Starting Address
Destination Address
1004 N Poinsettia, Compton, CA

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