204 N Spring Avenue

Compton , CA 90221

MLS#: 24430359

$1,195,000

Status: Active
Listing number: 24430359
Listing provided by: Elite Representation Real Estate
Listing agent phone: None
Last update: N/A
On site: 11 months ago
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Property

Beds

12

Full Baths

None

1/2 Baths

None

Year Built

1942

Sq.Footage

2,856

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.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    12

  • Bathrooms

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Stucco

  • Parking

    Garage

  • Patio and Porch Features

    None

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Features

    Front Yard

  • Lot Size(acres)

    0.1426

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,195,000

  • Sq. Footage

    2, 856

  • Price/SqFt

    $418

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Raised

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Melissa Barlow , Elite Representation Real Estate

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(818) 321-0175

Lina@theosrealty.com


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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.

204 N Spring Avenue

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