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123 W Alondra Boulevard
USD 1,365,000
Property ID: 23337373
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123 W Alondra Boulevard ,90220
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icon 6455 SqFt
icon Built in 1928
icon USD 211/SqFt
icon 11 Beds
icon 6 Full
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Location Street View
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Interior Details
Bedrooms
11
Bathrooms
6
Interior Size
4152
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1928
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Detailed Introduction Of This Home
We are pleased to offer for sale a six-unit apartment community located at 123 West Alondra Boulevard. The subject property is located on Alondra Boulevard, just west of the Alameda Street intersection within the dense Compton submarket.123 West Alondra is centrally situated for easy access to Compton's essential services. With close proximity to major highways and public transportation, commuting is convenient, offering the perfect balance between city life and tranquility. Situated on a 6,453 square foot parcel, the property is comprised of one-bedroom, two-bedroom & three-bed room units. There is more than 25% rental upside through interior renovations. One unit will be delivered vacant allowing new ownership to immediately renovate and achieve e a market rental rate. The property is being offered at an attractive basis with a 6.27% cap rate on current income. The continued gentrification of the surrounding area along with the remaining value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 123 West Alondra Boulevard an excellent acquisition opportunity.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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123 W Alondra Boulevard
USD 1,365,000 11 Beds
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