204 N Spring Avenue, Compton, CA 90221
-
Listed Price :
$1,300,000
-
Beds :
12
-
Baths :
6
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Property Size :
2,856 sqft
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Year Built :
1942
Property Description
Excellent investment opportunity at 6.3 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 7 cap with laundry addition and increased rents. Do NOT disturb Tenants.
Interior Features
| Laundry Information |
| Location(s) |
Laundry Room |
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
6 |
| Flooring Information |
| Material |
Carpet, Tile |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
204 N Spring Avenue |
| City |
Compton |
| State |
CA |
| Zip |
90221 |
| County |
Los Angeles |
| Listing Agent |
Melissa Barlow DRE #01498928 |
| Courtesy Of |
Elite Representation Real Estate |
| List Price |
$1,300,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,856 |
| Lot Size |
6,211 |
| Year Built |
1942 |
Listing information courtesy of: Melissa Barlow, Elite Representation Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 30th, 2024 at 1:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
