Bought with Doug Rodermund • Morgan Skenderian
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Key Details
Sold Price $2,370,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,890 sqft
Price per Sqft $217
MLS Listing ID CRPW25067268
Sold Date 06/13/25
HOA Y/N No
Year Built 1990
Lot Size 0.356 Acres
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
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