1401 S Willowbrook Ave, Compton – 4 Units + Land

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Address: 1401 S Willowbrook Ave, Compton, CA 90220, USA

California & West + 2-4 Units

Created date: November 7, 2024

Date last updated: November 7, 2024

Renovated 4plex + Land on an oversized 9,794 sqft corner lot
Detached 4 Bedroom house – Perfect for owner-user
Incredible opportunity to build4 ADUs in rear utilizing SB1211 ADU law passed this month
Unit mix of (1) 4Bed+2Bath house and (3) 1Bed+1Bath units with opportunity build (3) ADUs
Over 166% upside in market rents once ADUs are built
Excellent Rancho Dominguez location near new Gateway Towne Center power shopping center (Target, Home Depot, Best Buy, etc)
All units feature new flooring, countertops, paint, doors, appliances
New renovations include: new stucco/paint, water heaters, wrought iron fencing, landscaping, copper plumbing, concrete walkway & decking upstairs, storage
rooms

Property Description

Remodeled 4 Bedroom house plus three additional income units plus land available. This renovated 4-plex comes with an oversized 9,794 sqft lot with a large undeveloped area perfect for building ADU's. Great cash- flow asset with tremendous upside. There is over 166% upside in rental income once the ADUs are built out. Renderings (only) for ADU's are available in the marketing deck. A New owner can build ADUs on open area and convert the current storage/laundry to an ADU. 1401 S Willowbrook Ave is comprised of (1) 4Bed+ 2 Bath home and (3) 1Bed+1Bath. All units have been remodeled including flooring, countertops, paint, doors, appliances, etc. There is also copper plumbing throughout the building, as well as upgrades to exterior stucco and paint, wrought iron fencing with sliding security gates, concrete walkways, decking upstairs and water heaters. Each tenant has gated parking and large private walk-in storage rooms accessible through laundry room. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! 5% down, FHA, VA, NACA, All program loans accepted.

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Property Types:	2-4 Units
Price:	$1,200,000
No. of Units:	4
Cap Rate:	4.52%
GRM /GIM:	13.92
Year Built:	1948
Building Size:	2,443 Sq ft
Lot Size:	9,794.00 Sq ft
No. of Stories:	2
Opportunity Zone:	No
Price per unit:	$300,000