Courtesy of: Mark Perez, Circle Real Estate, mark@socalpropertiesteams.com
Courtesy of: Mark Perez, Circle Real Estate, mark@socalpropertiesteams.com
$1,399,000
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12 bed
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6.00 Bath (6 Full)
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Lot: 0.16 Acres
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Apartment
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$1,399,000
116 E Alondra A rare six-unit value-add opportunity in the heart of Compton, offering investors a clean, uniform 2 bedroom / 1 bathroom floor plan across every unit - simplifying management, turns, and future renovation planning. The property's distinctive mid-century exterior, with its striped fascia and stacked-stone accent wall, gives it strong street presence and curb appeal rarely found at this price point. Inside, unit finishes range from original condition to tastefully updated, including wood-look vinyl plank flooring, tiled tub/shower surrounds, and functional galley kitchens - giving the next owner a mix of turnkey and light-value-add units to work with. Three units are currently occupied generating in-place income, while three are vacant and ready for immediate lease-up at market rents, offering a rare combination of day-one cash flow and clear upside without a heavy capital program. Located in a strong rental submarket with no municipal rent control, tight vacancy, and easy access to major employment and retail corridors, 116 E Alondra Blvd is positioned for both stable income and long-term appreciation. An ideal acquisition for a 1031 exchange buyer or investor looking to build a scalable multifamily portfolio in Southern California.
Courtesy of: Mark Perez, Circle Real Estate, mark@socalpropertiesteams.com
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