204 N Spring Avenue
Compton, CA, 90221
$1,300,000
Beds
0 Baths
SqFt
0.14 Acres
Add
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.

Property Details

Price:
$1,300,000
MLS #:
24430359
Status:
Active
Baths:
0
Address:
204 N Spring Avenue
Type:
Residential Income
Neighborhood:
rocomptonsofrosecranseofalameda
City:
Compton
Listed Date:
Aug 22, 2024
State:
CA
ZIP:
90221
Lot Size:
6,211 sqft / 0.14 acres (approx)
Year Built:
1942
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Disposal
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)

Exterior

Foundation Details
Raised
Garage Spaces
4.00
Lot Features
Front Yard
Parking Features
Garage – Single Door
Parking Spots
4.00
Pool Features
None
Security Features
Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Tenant Pays
Electricity, Gas, Trash Collection

Map

Community

Similar Listings Nearby

204 N Spring Avenue
Compton, CA