204 N Spring Avenue
Compton, CA 90221
2856 sqft | 12 beds | 0.14 acres | #24430359
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.
Interior Details
- InteriorCeilingFans
Beds & Baths
- Bedrooms12
Property Details
- Lot DescriptionFrontYard
- Stories2
Measurements
- Acres0.1426
- Square Feet2856
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1942
Material information
- FoundationRaised
Utilities / Energy Details
- Sewer InformationSewerTapPaid
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictCompton Unified
- CountyLos Angeles
Financial Details
- Original List Price$1,300,000
Other
- MLS #24430359
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Melissa Barlow (#CLW-C121054)
Listing Office: Elite Representation Real Estate (#CLW-X8257573)
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