Description​​​

60% vacant and full of upside. This 10 unit is locted on 2 separate parcels with a shared central driveway. With 6 units currently vacant, the property is primed for rapid repositioning and lease at market rents. 6 units have already been remodeled, giving a strong head start on interior upgrades. There are 8 carports under the rear 2 units, and 8 open parking spaces in front. Significant upside remains with potential for rear ADU additions. Perfectly positioned between Alameda St W. and N. Long Beach Blvd, the property sits directly across from a high-traffic neighborhood retail center featuring daily conveniences including Subway, Wingstop, Little Caesars, La Michoacana, and T-Mobile. Just 2 blocks from Lueders Park Community Center and near Angeles Abbey Memorial Park. A rare Compton value-add play with vacancy, visibility, and upside already built in.

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Location

Located between Alameda St W and N Long Beach Blvd which is home to various popular food spots and retail stores. Directly across from a high-traffic neighborhood retail center featuring Subway, Wingstop, Little Caesars, La Michoacana, and T-Mobile. Close proximity to neighborhood amenities including Lueders Park Community Center and Angeles Abbey Memorial Park.