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For Sale

$1,300,000

204 N Spring Ave, Compton, CA 90221

12 Beds
6 Baths
2,856 Sq.Ft.
Est. payment from /mo

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.
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 ...
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Interior

Laundry Room
Room
Flooring
Mixed, Carpet, Tile
Fireplace
None
Appliances
Ceiling Fan, Garbage Disposal

Area & Lot

Lot Size
6,211 Sq.Ft.
MLS® ID
24-430359
Type
Multi-Family
Year Built
1942
Water Frontage
None
View Description
None
School District
Compton Unified

Exterior & Building

Stories
2
Garage Spaces
4.0
Water Source
District
Pool
None
Lot Features
Front Yard, Fenced Yard
Parking
Garage - 1 Car, Garage Is Detached
Heat Type
Wall
Air Conditioning
Ceiling Fan
Sewer
In Street Paid
Substructure
Raised
Security Features
Gated, Carbon Monoxide Detector(s), Smoke Detector, Window Bars

Finance

Reduced Price
Price Upon Request
Maintenance Fee
$200/mo
Zoning
CORH*
204 N Spring Ave
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Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 204 N Spring Ave, Compton, CA 90221. We are reviewing your request and will be in touch shortly!
"The water pipe from the meter to the building was replaced within the last two years and the concrete repaired."

Melissa Barlow

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