For sale

Listing Provided by:

Melissa Barlow DRE #01498928 310-387-0482,

Elite Representation Real Estate

$1,195,000

204 N Spring Ave, Compton, CA 90221

12beds

6baths

2,856sqft

Est.:

Multi Family

Built in 1942

-- sqft lot

$-- Zestimate^®

$418/sqft

$-- HOA

What's special

Laundry room on site

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.

511 days

246

11

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6

Heating

Wall Furnace

Appliances

Included: Disposal
Laundry: Laundry Room

Features

Ceiling Fan(s)
Flooring: Carpet, Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,856
Total interior livable area: 2,856 sqft

Property

Parking

Total spaces: 4
Parking features: Door-Single, Garage
Garage spaces: 4

Features

Levels: One
Stories: 1
Entry location: Ground Level w/steps
Patio & porch: None
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 6,211 Square Feet
Features: Front Yard

Details

Parcel number: 6166022007
Zoning: CORH*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Stucco
Foundation: Raised

Condition

Updated/Remodeled
New construction: No
Year built: 1942

Utilities & green energy

Sewer: Sewer Tap Paid
Water: Public

Community & HOA

Community

Features: Gated
Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Window Bars

Location

Region: Compton

Financial & listing details

Price per square foot: $418/sqft
Tax assessed value: $378,458
Annual tax amount: $7,153
Date on market: 8/22/2024
Tenant pays: Electricity, Gas, Trash Collection

Estimated market value

Not available

Estimated sales range

Not available

$2,632/mo

Price history

Date	Event	Price
12/30/2024	Price change	$1,195,000-8.1%$418/sqft
Source: CLAW #24-430359 Report a problem
8/23/2024	Listed for sale	$1,300,000+331.9%$455/sqft
Source: CLAW #24-430359 Report a problem
2/4/2017	Listing removed	$1,295
Source: EPLA Property Management, Inc. Report a problem
2/2/2017	Listed for rent	$1,295+8.4%
Source: EPLA Property Management, Inc. Report a problem
11/28/2012	Listing removed	$1,195
Source: Borba Investment Realty, Inc. Report a problem