About 510 S Tamarind
Presenting Tamarind Street a pride of ownership fourplex offering a strong investment opportunity with immediate returns and future upside. Currently generating income at a 6.34% CAP rate and 12.95 GRM, this property has been thoughtfully updated and well-maintained, making it an attractive option for investors and owner-occupants alike. The property features one spacious 2-bedroom, 1-bath unit with modern upgrades, complemented by three well-designed 1-bedroom, 1-bath units. A full copper repipe was completed throughout all four units in 2023, reducing long-term maintenance concerns and enhancing overall value. Additional highlights include four detached 1-car garages plus six uncovered parking spaces, creating potential for extra rental income or convenient on-site parking for residents. The property also boasts mature fruit trees, including avocados and mangos, adding charm and appeal. Ideally located just west of the 710 Freeway with quick access to the 105 and 91, tenants enjoy excellent regional connectivity to Los Angeles, Long Beach, Lynwood, South Gate, and Gardena. Nearby attractions include Compton Town Center, Plaza Mexico, the Compton Art & History Museum, and the Dominguez Rancho Adobe Museum. Do not disturb tenants drive by only. All offers subject to interior inspection.
