1515 E Rosecrans Avenue, Compton, CA 90221
An 86 unit property within a total of 10 buildings sprawling over 2.6 acres of land in Compton. The property was being delivered completely vacant at the Close of Escrow. Formerly being used as low income housing, this opportunity offers a new buyer to fully renovate the grounds and units and re-tenant the building at market rents.
CLOSED: 5/2018
PRICE: $12,550,000
THE PROPERTY WAS DELIVERED VACANT
MARKET GRM: 9.89 MARKET CAP: 6% $/UNIT: $145,930
Over the last 23 years, Henry Garcia has sold over 1 billion dollars in real estate. Henry has been able to build trust, rapport and a track record with many of LA's largest apartment owners. He's helped Sellers get top dollar for their properties. He's also helped Buyers find value add and off market opportunities throughout his career.