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117 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
Square Footage 10,890 sqft
Price per Sqft $217
MLS Listing ID PW25067268
Sold Date 06/13/25
HOA Y/N No
Year Built 1990
Annual Tax Amount $43,158
Lot Size 0.356 Acres
Acres 0.356
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
Pool None
Community Features Curbs, Gutters, Sidewalks
Private Pool No
Building
Lot Description Lot 10000-19999 Sqft
Story 1
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash,Cash To New Loan,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please DO NOT DISTURB any of the tenants as they are unaware of the sale.
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Bought with Morgan Skenderian