404 Central Ave Compton, CA 90220

This exceptional investment opportunity presents a 16-unit mobile home park situated on 0.76 acres in Compton, California. Currently housing 15 mobile homes, one travel trailer, and a remodeled two-bedroom house, the park boasts a strong 5.51% capitalization rate and a net operating income (NOI) of $67,720. The asking price is $1,230,000. This property benefits from a prime location in a densely populated area with no local rent control, ensuring stable and predictable income streams. The park features long-term, reliable tenants and is a 2 ½-star rated facility. Utilities are handled efficiently with city water and sewer (water billed directly), and gas and electric billed directly to tenants. There are no park-owned homes or laundry facilities on-site. Recent improvements include a $20 rent increase implemented this August for existing tenants, and a complete remodel of the on-site house. This is a rare opportunity to acquire a well-maintained, income-producing asset in a desirable location with significant upside potential. The property currently has 19 mobile home spaces licensed, but only 15 are occupied.