$1,300,000
For Sale

204 N Spring Avenue

Compton, CA 90221
2856 sqft | 12 beds | 0.14 acres | #24430359
Listing OfficeElite Representation Real Estate
Browse 21 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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

Marjorie CrowReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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