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117 119 E Cypress ST Compton, CA 90220
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Key Details
Sold Price $2,370,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25067268
Year Built 1990
Annual Tax Amount $43,158
Lot Size 0.356 Acres
Property Sub-Type Apartment
Property Description
Pleased to present 117-119 E. Cypress Street, a rare opportunity to purchase a 1990 construction property with an ideal unit mix of majority 2-bedroom units. Unit amenities include large floorplans, patios/balconies, garages, carports and gated entry/parking.
Compton is an excellent rental market for apartment owners with no municipal rent control. Rental demand outpaces supply year after year resulting in historically-low vacancy rates. The property has a central location (30 minutes or less median travel time to work) and benefits from the city's large renter profile.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning CORH*
Interior
Laundry None
Exterior
Garage Spaces 11.0
Garage Description 11.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Doug Rodermund • Morgan Skenderian