204 N Spring Avenue,Compton, CA 90221
Compton, CA 90221
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.
Details
| MLS # | 24430359 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 732 |
| Listing Provided By | Elite Representation Real Estate | Melissa Barlow |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 2,856 |
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | CORH* |
| Acreage | 0.14 |
| Property View | None |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Disposal |
| Fireplace Yes / No | No |
Exterior
| Security Features | Carbon Monoxide Detectors, Gated Community, Smoke Detectors, Window Bars |
|---|---|
| Construction Materials | Stucco |
| Foundation Details | Raised |
| Lot Features | Front Yard |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Door Single, Garage |
| Garage Yes / No | Yes |
Utilities
| Sewer | Sewer Tap Paid |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90221 |
| Area | RO Compton S of Rosecrans | E of Alameda |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90221 |
| Area | RO Compton S of Rosecrans | E of Alameda |