518 N Santa Fe, Compton, CA 90221

$750,000

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List Price
$750,000
Status
ACTIVE
MLS#
SR26163076
Year Built
1949
Lot Size
3,457
Acres
0.08
Lot Location
Level
Days on Market
23
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Exceptional triplex opportunity at 518 Santa Fe Ave, Compton, featuring three 1-bedroom, 1-bath units and approximately 1,200 square feet of living space offering versatility for both investors and owner-occupants seeking additional income potential. One of the units is a newly constructed ADU showcasing a bright, open-concept layout with contemporary finishes throughout, including shaker-style cabinetry, quartz countertops, luxury vinyl plank flooring, a beautifully tiled walk-in shower, a modern vanity, ceiling fans, mini-split heating and air conditioning, and abundant natural light. The ADU is currently vacant and awaiting final inspection and approval by the City of Compton. Upon completion of the approval process, it offers the opportunity for a new owner to lease the unit at current market rental rates and maximize income potential. Conveniently located in a thriving Compton community, the property is just minutes from major hospitals, schools, shopping centers, restaurants, and everyday amenities. With quick access to nearby freeways, commuting throughout Los Angeles is simple while still enjoying the benefits of a well-established neighborhood. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this income-producing triplex presents an outstanding opportunity in a central location. Some Photos digitally enhanced Broker and Broker’s Agents do not represent or guarantee the accuracy of the square footage, permitted or unpermitted space, lot size/dimensions, schools, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals to satisfy themselves.

Additional Information

Pool Description
None
Fireplace Description
Bath
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$42,900
Operating Expense
6510

Listing courtesy of Listing Agent: Phila Gcaba (Philagcaba@hotmail.com) from Listing Office: Keller Williams Encino/Sherman Oaks.

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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.