LP.com

410 N Pearl Ave is a four unit apartment complex located near down town Compton. Property is NOT subject to LA City rent control and rents can be increased 10% annually. Constructed in 1953 and sitting on a large 8,491 SF Lot Zoned CORH. Property consists of 3 separate buildings. Front building is a 2 Bedroom/1 Bath unit currently renting for $2,100 , Apt# B is 2 Bedroom/1 Bath Unit renting for $1,185. Apt# C & D are 1 Bedroom/1 Bath units renting for $1,150 each. There is also a 20x29 / 580 sq ft garage facing the alley that can be converted into an ADU. 3 Tenants share the garage space for personal items. There is approximately 48% upside in rents. Ideal fix and flip or buy and hold long term. Current Monthly Rents are $5,585.