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204 N Spring AvenueCompton, CA 90221

Los Angeles County

$1,195,000List price
12Beds
6Baths
2,856Sq Ft
1942Year built
0.14Acre lot
4Garage
2Stories
25 months agoOn market

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.

Property Information

Property type
Residential Income
Year built
1942
Stories
2
Living area
2,856 Sq Ft
Lot size
0.14 acres
Garage spaces
4
Parking spaces
4
Zoning
CORH*
Days on market
759
MLS® Listing#
24430359

Property Features

Interior
Ceiling Fan(s)
Appliances
Disposal
Heating
Wall Furnace
Flooring
Carpet · Tile
Fireplace
None
Pool
None
Parking
Garage
Laundry
Laundry Room
Patio
None
Lot features
Front Yard
Construction
Stucco
Foundation
Raised
Security
Carbon Monoxide Detector(s) · Gated Community · Smoke Detector(s) · Window Bars
Community
Gated
Water source
Public

Financial Details

HOA
None
Parcel number
6166022007

Directions

Compton Blvd and Alameda Street

Listing Courtesy: Elite Representation Real Estate - 3108001608

Presented by: Melissa Barlow

Based on information from California Regional Multiple Listing Service, Inc. as of 2024-08-22 and/or other sources. 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.

Licensed in the state of California.

Compton Market Statistics

How this home compares to 106 active listings in Compton, CA

Compton medianThis listing
Median listing price$686,792$1,195,000
Median days on market55759
Median Sq Ft1,2572,856
Median price / Sq Ft$520$418

Market statistics compiled from active EXIT Realty® and MLS listings in Compton, CA.

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