204 N Spring Avenue, Compton, CA 90221

$1,195,000
12
BD
6
BA
2,856
SqFt

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List Price
$1,195,000
Price Change
▼ $105,000 1735604522
Status
ACTIVE
MLS#
24430359
Year Built
1942
Bedrooms
12
Bathrooms
6
Living Sq. Ft
2,856
Lot Size
6,211
Acres
0.14
Lot Location
Front Yard
Days on Market
707
Property Type
Multifamily
Stories
One Level

Property Description

Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building was replaced within the last two years and the concrete repaired. A new secure 4 station mailbox was installed in the last two years. There is a laundry room on site that was never utilized. Excellent opportunity to get to a 8.0 cap with laundry addition and increased rents. Do NOT disturb Tenants.

Additional Information

Appliances
Disposal
Pool Description
None
Heat
Wall Furnace
View
None
Exterior Construction
Stucco
Garage Spaces Total
4
Sewer
Sewer Tap Paid
Water
Public
School District
Compton Unified
Interior Features
Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
4

Listing courtesy of Listing Agent: Melissa Barlow (melissa@melissabarlow.com) from Listing Office: Elite Representation Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.