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Sold for $995,000 on 05/19/23
  • Listing Provided by: 

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    $995,000

    15220 S White Ave, Compton, CA 90221

    --beds
    --baths
    3,016sqft
    Quadruplex
    Built in 1960
    -- sqft lot
    $964,900 Zestimate®
    $330/sqft
    $2,196 Estimated rent

    What's special

    NEW PRICE!!! 6.26% CAP RATE on Current Rents! We are pleased to exclusively offer for sale this 4-Unit investment property located in the city of Compton. The property consists of all 2-Bedroom/1-Bathroom units. Tenants enjoy onsite covered parking as well as gated entryways. While the units are separately metered for electricity and gas, the owner also charges back the tenants for water and trash through a RUBS system which charges back the tenants for those utilities as well. This quadplex is located in a neighborhood with primarily single-family residences. The property currently boasts a Cap Rate of 6.26%, much higher than the average in the area, and provides significant upside for the next investor.

    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2023 at 01:17pm

    Listing Provided by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Rene Luna, DRE #01816981

    VIP RE Firm

    Source: CRMLS,MLS#: CV23029055MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,016
    • Total interior livable area: 3,016 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned
    • Carport spaces: 4
    Features
    • Pool features: None
    Lot
    • Size: 4,872 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 6180013015
    • Zoning: LCR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Compton

    HOA & financial

    Other financial information
    • Total actual rent: 6698

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $964,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $964,900