204 N Spring AVE Active

Compton,CA 90221

$ 1300000

12 Beds

6 Baths

2856 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $455

MLS Listing ID 24430359

Bedrooms 12

Year Built 1942

Lot Size 6,211 Sqft

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 Ro - Compton S Of Rosecrans, E Of Alameda

Zoning CORH*

Interior

Heating Wall Furnace

Flooring Carpet,Tile

Fireplaces Type None

Laundry Laundry Room

Exterior

Parking Features Door-Single,Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Gated

View Y/N No

View None

Building

Lot Description Front Yard

Story 2

Foundation Raised

Sewer Sewer Tap Paid

Water Public

New Construction No

Schools

School District Compton Unified

Others

Special Listing Condition Standard

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