204 N Spring Ave, Compton, CA 90221
- $1,195,000
- 12
- BD
- 6
- BA
- 2,856
- SqFt
Courtesy of Elite Representation Real Estate, Melissa Barlow - CA DRE#01498928
- List Price
- $1,195,000
- Price Change
- ▼ $105,000 1735603751
- MLS#
- 24-430359
- Year Built
- 1942
- Bedrooms
- 12
- Bathrooms
- 6
- Living Sq. Ft
- 2,856
- Lot Size
- 6,211
- Lot Location
- None
- Days on Market
- 706
- Property Type
- Multifamily
- Property Type
- Multifamily
- Stories
- 2
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
- Lot Description
- Front Yard, Fenced Yard
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Ceiling Fan
- View
- None
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Garage - 1 Car, Garage Is Detached
- Garage Spaces Total
- 4
- Water
- District
- School District
- Compton Unified
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