2 months on rocket

1307 E Peck St, Compton, CA, 90221

$2,300,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
10 Baths
5,016 SqFt
$459/SqFt
House

Location

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1307 E Peck St, Compton$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Garage10 spaces
Year Built1950
HeatingWall Furnace
CoolingNone
MLS #24450299
Lot Size0.40 Acres
StatusActive

About 1307 E Peck St

We are pleased to present 1307 & 1311 E Peck, a 10-unit multifamily community located in Compton, that is priced at a 6.50% CAP and 10.03 GRM on current rents with upside to operate at a 9.04% CAP and a 7.86 GRM. The property consists of adjacent 5-unit buildings located at 1307 &1311 E Peck, which is situated in close proximity to the 105 and 710 freeways offering convenient access to neighboring cities such as Los Angeles, Lynwood, South Gate, Gardena and Long Beach. Nearby tenant amenities include the Compton Town Center, Plaza Mexico, Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. The property is comprised of two, single story side by side five-unit buildings constructed in 1950 with a strong unit mix of 4 two-bedroom units and 6 one-bedroom units located on 17,323 sf of land. Half of the units have been renovated, and one unit will be delivered VACANT. There is also ample onsite uncovered parking along with 10 1-car garages providing potential for ADU conversions.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 5,016 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps: 1307 E Peck St, Compton, CA 90221

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $459/SqFt

Tax Information:

  • Annual Amount: $14,046
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Compton, CA.

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Compton, CA

City

Med. Sold Price

$630.3K

Med. Price/SqFt

$529

Avg. Days On Market

21

# of Sold Homes

29

1307 E Peck St vs Compton

74 DAYS ON ROCKET

+53 Days

$2,300,000

+$1.6M More

$459/SqFt

-$70 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $70/SqFt less than other homes in Compton, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24450299

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 24, 2005Home Sold
$915,000
Jul 26, 2004Home Sold
$725,000
Nov 24, 2003Home Sold
$460,000
Jun 22, 1994Home Sold
$294,077

Tax History

YEARPROP. TAXASSESSMENT
2021$14,046$772,924
2020$13,654$765,000
2019$10,423$750,000
2018$10,088$560,456
2017$10,088$549,468

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-903849
7
/10

  • Augusta A. Mayo Elementary School

  • 915 N Mayo Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-903850
6
/10

  • Stephen C. Foster Elementary School

  • 1620 N Pannes Ave

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-903851
4
/10

  • Helen Keller Elementary School

  • 3521 Palm Ave

  • 0.56 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,583. The majority of Compton, CA residents have income less than $35k annually. Most families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1307 E Peck St

What is the listing price of this property?

The listing price of 1307 E Peck St property is $2,300,000.

What type of property is this?

The property 1307 E Peck St is a house located in Compton, California, 90221.

Is this property for sale now?

Active Listing: 1307 E Peck St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,046 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 24, 2005 for $915,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1307 E Peck St has 14 bedrooms and 10 bathrooms.

What is the square footage of this property?

The property 1307 E Peck St is 5,016 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1307 E Peck St is 1950.

Rocket Homes›California›Los Angeles County›Compton›90221›1307 E Peck St

This home is located at 1307 E Peck St in Compton, CA and zip code 90221 in the The Southeast neighborhood. This 5,016 square foot home, which was built in 1950, sits on a 0.40 acre lot. Features: 14 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $2,300,000.

In November 2024, from all listings sold in Compton, CA there were more than 21 sold above asking price, over 8 sold below and more than 0 were sold right at the asked price. In November 2024 in Compton, CA there were 1.1% less homes for sale than in October 2024. In November 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $630,375.

From Rocket Homes Real Estate and based on county public records data.

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