Property Detail

Description

110 East Cedar Street presents a rare opportunity to acquire a 10-unit multifamily asset in the heart of Compton with both strong in-place cash flow and significant upside potential. The property features a well-balanced unit mix of three studios, three one-bedroom units, and four two-bedroom units across nearly 8,000 square feet of rentable square feet. The property is located in a transit rich area and only 950 feet from the recently modernized Metro Blue Line. The $350 million overhaul of the Blue Line included major improvements to stations, signal systems, lighting, and connectivity -- enhancing access to Downtown Los Angeles and Long Beach and positioning this location as a key commuter corridor. The property also benefits from proximity to the Douglas F. Dollarhide Community Center, a major local amenity offering programs ranging from child care and family health to senior services, which adds value and stability to prospective tenants.