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1402 S Willowbrook Ave 1401 S Willowbrook Ave

4 Unit Block of Flats £938,940 (£234,735/Unit) 4.52% Net Initial Yield Compton, CA 90220

Investment Highlights

  • Renovated 4plex + Land on an oversized 9,794 sqft corner lot
  • Incredible opportunity to build4 ADUs in rear utilizing SB1211 ADU law passed this month
  • Over 166% upside in market rents once ADUs are built
  • Detached 4 Bedroom house - Perfect for owner-user
  • Unit mix of (1) 4Bed+2Bath house and (3) 1Bed+1Bath units with opportunity build (3) ADUs
  • New renovations include: new stucco/paint, water heaters, wrought iron fencing, landscaping, copper plumbing, concrete walkway & decking upstairs, sto

Executive Summary

Remodeled 4 Bedroom house plus three additional
income units plus land available. This renovated 4-plex
comes with an oversized 9,794 sqft lot with a large
undeveloped area perfect for building ADU's. Great cashflow
asset with tremendous upside. There is over 166%
upside in rental income once the ADUs are built out.
Renderings (only) for ADU's are available in the marketing
deck. A New owner can build ADUs on open area and
convert the current storage/laundry to an ADU.
1401 S Willowbrook Ave is comprised of (1) 4Bed+ 2 Bath
home and (3) 1Bed+1Bath. All units have been remodeled
including flooring, countertops, paint, doors, appliances,
etc. There is also copper plumbing throughout the
building, as well as upgrades to exterior stucco and paint,
wrought iron fencing with sliding security gates, concrete
walkways, decking upstairs and water heaters. Each
tenant has gated parking and large private walk-in
storage rooms accessible through laundry room. Whether
you are an owner/user or investor, this is the perfect
opportunity to break into the real estate market!
5% down, FHA, VA, NACA, All program loans accepted.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £67,463 £27.61
Other Income - -
Vacancy Loss £2,024 £0.83
Effective Gross Income £65,439 £26.79
Taxes - -
Operating Expenses - -
Total Expenses £23,017 £9.42
Net Operating Income £42,422 £17.36

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £67,463
Annual Per SF £27.61
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual £2,024
Annual Per SF £0.83
Effective Gross Income
Annual £65,439
Annual Per SF £26.79
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £23,017
Annual Per SF £9.42
Net Operating Income
Annual £42,422
Annual Per SF £17.36

Property Facts

Price £938,940
Price Per Unit £234,735
Sale Type Investment
Net Initial Yield 4.52%
Gross Rent Multiplier 13.92
No. Units 4
Property Type Residential
Property Subtype Apartment
Building Class C
Building Size 2,443 SF
Number of Floors 2
Year Built 1948
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6163-011-022
Land Assessment
£165,307 (2024)
Improvements Assessment
£141,691 (2024)
Total Assessment
£306,997 (2024)
  • Listing ID: 33625283

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: 1401 S Willowbrook Ave, Compton, CA 90220

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