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
Status
ACTIVE
Days on Market
783
Price Change
▼ $105,000 1735604522
MLS#
24430359
Subtype
Residential Income
Year Built
1942
Bedrooms
12
Bathrooms
6
Living Area
2,856
Lot Size
6,211
Acres
0.14
MLS Area Major
Compton S of Rosecrans, E of Alameda (RO)

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

Interior Features
Ceiling Fan(s)
Zoning
CORH*
Flooring
Carpet, Tile
Appliances
Disposal
Heating
Wall Furnace
Exterior Construction
Stucco
Stories
One Level
Levels
One
Pool Type
None
Parking Features
Door-Single, Garage
Garage Spaces
4
School District
Compton Unified
View
None

Mortgage Calculator

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Calculator source: Real Geeks

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

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.