$1,195,000
204 Spring Avenue, Compton 90221
12
Beds
6
Baths
2,856
Square feet
6,211
Lot Size
4
# Of Units
Listing Agent
Melissa Barlow - Elite Representation Real EstateExcellent 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.
Facts & Features
MLS® # | 24430359 |
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Price | $1,195,000 |
Bedrooms | 12 |
Bathrooms | 6.00 |
Square Footage | 2,856 |
Lot Size | 6,211 |
Year Built | 1942 |
Type | Residential Income |
Status | Active |
# Of Units | 4 |
Community Information
Address | 204 Spring Avenue |
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Area | RO - Compton S of Rosecrans, E of Alameda |
City | Compton |
County | Los Angeles |
Zip Code | 90221 |
Amenities
Parking Spaces | 4 |
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Parking | Garage, Door-Single |
# of Garages | 4 |
Garages | Garage, Door-Single |
View | None |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior | Carpet, Tile |
---|---|
Interior Features | Ceiling Fan(s) |
Appliances | Disposal |
Heating | Wall Furnace |
Has Basement | No |
Fireplace | No |
Fireplaces | None |
# of Stories | 2 |
Stories | One |
Exterior
Exterior | Stucco |
---|---|
Lot Description | Front Yard |
Construction | Stucco |
Foundation | Raised |
School Information
District | Compton Unified |
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Additional Information
Date Listed | August 22nd, 2024 |
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Days on Market | 246 |
Zoning | CORH* |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Melissa Barlow |
---|---|
Office | Elite Representation Real Estate |