904 S Bullis Road, Compton, CA 90221

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List Price
$850,000
Status
ACTIVE
Days on Market
30
Price Change
▼ $25,000 1791378386
MLS#
SB26196535
Subtype
Residential Income
Year Built
1954
Lot Size
4,056
Acres
0.09
MLS Area Major
Compton S of Rosecrans, E of Alameda (RO)

Property Description

Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.1% cap rate and an 10.9 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.

Additional Information

Flooring
Laminate
Stories
Two Levels
Levels
Two
Pool Type
None
Garage Spaces
4
View
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Qubie Vazquez (teamqubie@gmail.com) from Listing Office: Coldwell Banker Realty.

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.