Log In/Sign Up
Your email has been sent.
2 Homes | 18,945sf of Land! 1230 S Wilmington Ave 2 Unit Apartment Building $1,377,578 CAD ($688,789 CAD/Unit) 5.17% Cap Rate Compton, CA 90220
EXECUTIVE SUMMARY
We are pleased to present 1230 S. Wilmington Avenue, a rare opportunity to acquire a two-home compound in Compton that will be delivered 100% VACANT! The property features two stand-alone residences on a massive 18,945 SF COR3YY-zoned mid-block lot, boasting an exceptional 154-foot frontage.
Each home is separately metered for gas, electricity, and water, and both offer generous onsite parking and usable outdoor space. The expansive lot size and favorable configuration support a wide range of investment strategies for investors, developers, and owner-users alike.
For owner-users, the property provides an ideal multigenerational living setup, occupy one home while a family member or tenant resides in the other. The oversized lot can also accommodate numerous personal vehicles, work trucks, or equipment storage.
With nearly 19,000 square feet of land, the property presents multiple development pathways (buyer to verify), including the addition of ADUs, subdivision, or a larger-scale affordable housing project. Zoning and lot size may also allow the parcel to be split into multiple lots.
The property is located just south of Compton/Woodley Airport and offers excellent regional connectivity with close proximity to the 91, 110, and 710 Freeways. Nearby amenities include Compton Town Center, Plaza Mexico, the Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. Contact the listing broker for additional information.
Each home is separately metered for gas, electricity, and water, and both offer generous onsite parking and usable outdoor space. The expansive lot size and favorable configuration support a wide range of investment strategies for investors, developers, and owner-users alike.
For owner-users, the property provides an ideal multigenerational living setup, occupy one home while a family member or tenant resides in the other. The oversized lot can also accommodate numerous personal vehicles, work trucks, or equipment storage.
With nearly 19,000 square feet of land, the property presents multiple development pathways (buyer to verify), including the addition of ADUs, subdivision, or a larger-scale affordable housing project. Zoning and lot size may also allow the parcel to be split into multiple lots.
The property is located just south of Compton/Woodley Airport and offers excellent regional connectivity with close proximity to the 91, 110, and 710 Freeways. Nearby amenities include Compton Town Center, Plaza Mexico, the Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. Contact the listing broker for additional information.
PROPERTY FACTS
| Price | $1,377,578 CAD | Building Class | C |
| Price Per Unit | $688,789 CAD | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 1,529 SF |
| Cap Rate | 5.17% | Average Occupancy | 0% |
| Gross Rent Multiplier | 14.55 | No. Stories | 1 |
| No. Units | 2 | Year Built | 1926 |
| Property Type | Multifamily | Parking Ratio | 13.08/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | COR3YY | ||
| Price | $1,377,578 CAD |
| Price Per Unit | $688,789 CAD |
| Sale Type | Investment |
| Cap Rate | 5.17% |
| Gross Rent Multiplier | 14.55 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 1,529 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1926 |
| Parking Ratio | 13.08/1,000 SF |
| Zoning | COR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | $4,569 CAD | - |
| 2+1 | 1 | $3,323 CAD | - |
1 1
1 of 56
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2 Homes | 18,945sf of Land! | 1230 S Wilmington Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.