204 N Spring Ave Active

Compton,CA 90221

$ 1300000

12 Beds

6 Baths

2856 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $455

MLS Listing ID 24-430359

Bedrooms 12

Construction Status Updated/Remodeled

Year Built 1942

Lot Size 6,211 Sqft

Acres 0.1426

Property 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.

Location

State CA

County Los Angeles

Area Compton S Of Rosecrans, E Of Alameda

Zoning CORH*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Flooring Mixed, Carpet, Tile

Fireplaces Type None

Equipment Ceiling Fan, Garbage Disposal

Laundry Room

Exterior

Parking Features Garage - 1 Car, Garage Is Detached

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Front Yard, Fenced Yard

Story 2

Foundation Raised

Sewer In Street Paid

Water District

Level or Stories One

Structure Type Stucco

Construction Status Updated/Remodeled

Schools

School District Compton Unified

Others

Special Listing Condition Standard

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