1009 E Stockton Ave, Compton, CA 90221

Description

Downstairs Unit Now Vacant! Buyer could not get loan approved and property appraised for $880k. Welcome to one of the only true 4 bedroom, 2 bath duplexes you will find on the market. Over 1,400 sq ft per unit, which is nearly unheard of in a duplex at this price point and exactly the kind of space that attracts stable, long-term tenants who stick around. Upstairs Unit currently rented for $2638 per month with a market rate of $3,450 per month. Tenant pays all utilities. Compton has no local rent control ordnance. Roof was replaced January 2025. One unit features a renovated interior with updated finishes throughout. Each unit has its own private entrance and the property includes separate 2-car garages in the rear, currently serving the tenants but also presenting a compelling ADU conversion opportunity with a large private yard behind the garage that could add a third income stream to an already performing asset. At this price, you are acquiring a large, income-producing asset with real upside and room to grow in one of Los Angeles County's most active markets for multifamily investment. Whether you are an owner-occupant, a seasoned investor, or a 1031 exchange buyer, the size, income, and future potential of this property make it one of the stronger opportunities available in this price range today....