204 N Spring Avenue

Compton, CA 90221

$1,300,000

List Price

12

bed Beds

6

shower Baths

2,856 sqft

straighten / sqft

1942

calendar_month Built

Property Description

Excellent investment opportunity at 6.2 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.

Listing Information

List Price $1,300,000
Status Active
MLS 24430359
Type Residential Income
Year Built 1942
Lot Size 6,211
Structure Size 2,856
DOM 62
Courtesy Of Elite Representation Real Estate
Listing Agent Melissa Barlow DRE#01498928

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 6
Flooring Information
Material Carpet, Tile
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Other Structures
Features None

Maps

Listing information courtesy of: Melissa Barlow, Elite Representation Real Estate 310-387-0482. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 10:06 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.