204 N Spring Ave Active Save Request In-Person Tour Request Virtual Tour
Compton,CA 90221
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
Garage 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