$1,300,000
- Beds
- 12
- sq ft
- 2,856
204 N Spring Ave, Compton, CA 90221
204 N Spring Ave
Compton, CA 90221
- 121 days on market
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.
Details
Property type
Property condition
Updated/Remodeled
Lot size
6,211 sq ft
Price per sq ft
$456
Year built
1942
HOA
No
Price History
08/22/2024
CLAW #24430359
Listed
$1,300,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
High school district:
Compton Unified
Status: Active
Tomo last checked: 12/22/2024 at 10:05 PM
Listing updated: 12/05/2024 at 2:37 PM
Listed by: Melissa Barlow, Elite Representation Real Estate Phone #: (310) 387-0482
MLS: CLAW #24430359
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