For sale

$1,195,000

204 N Spring Ave, Compton, CA 90221

12beds

6baths

2,856sqft

$8,703/mo

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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.

701 days

172

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6

Heating

Wall

Cooling

Ceiling Fan(s)

Appliances

Included: Disposal, Gas Water Heater
Laundry: Laundry Room

Features

Ceiling Fan(s)
Flooring: Mixed, Carpet, Tile
Has fireplace: No
Fireplace features: None

Interior area

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

Property

Parking

Total spaces: 4
Parking features: Garage - 1 Car, Garage Is Detached
Garage spaces: 4

Features

Levels: One
Stories: 2
Entry location: Ground Level w/steps
Patio & porch: None
Pool features: None
Spa features: None
Fencing: Fenced Yard
Has view: Yes
View description: None
Waterfront features: None

Lot

Size: 6,211 Square Feet
Features: Front Yard

Details

Additional structures: None
Parcel number: 6166022007
Zoning: CORH*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Foundation: Raised

Condition

Updated/Remodeled
Year built: 1942

Utilities & green energy

Sewer: In Street Paid
Water: District

Community & HOA

Community

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

Location

Region: Compton

Financial & listing details

Price per square foot: $418/sqft
Tax assessed value: $363,380
Annual tax amount: $7,153
Date on market: 8/23/2024
Total actual rent: 111348
Tenant pays: Electricity, Gas, Trash Collection

Estimated market value

Not available

Estimated sales range

Not available

$1,954/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
9/28/2012	Listed for rent	$1,195-40.3%
Source: Borba Investment Realty, Inc. Report a problem
5/4/2012	Sold	$301,000+19.2%$105/sqft
Source: Public Record Report a problem
3/10/2012	Listed for sale	$252,500-9.8%$88/sqft
Source: Prudential California Realty #S12031561 Report a problem
12/20/2011	Sold	$279,900+1.8%$98/sqft
Source: Public Record Report a problem
12/2/2011	Listed for sale	$275,000-63.3%$96/sqft
Source: TNG Real Estate Consultants #R1107367 Report a problem
5/3/2011	Listing removed	$2,000$1/sqft
Source: ITP Realty Group Report a problem
3/16/2011	Listed for rent	$2,000$1/sqft
Source: ITP Realty Group Report a problem
8/12/2005	Sold	$750,000+152.8%$263/sqft
Source: Public Record Report a problem
9/7/2000	Sold	$296,660+7.9%$104/sqft
Source: Public Record Report a problem
10/29/1999	Sold	$275,000+83.3%$96/sqft
Source: Public Record Report a problem
1/27/1999	Sold	$150,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,153 +0.7%	$378,458 +2%
2024	$7,104 +1.1%	$371,046 +2%
2023	$7,025 +5.7%	$363,780 +2%
2022	$6,644 -0.7%	$356,656 +2%
2021	$6,692 +1.7%	$349,672 +1%
2020	$6,580	$346,092 +2%
2019	$6,580 +4.8%	$339,315 +2%
2018	$6,279	$332,670 +2.1%
2017	$6,279 +2.8%	$325,756 +2%
2016	$6,105 +2.5%	$319,370 +1.5%
2015	$5,957 +6.2%	$314,574 +2%
2014	$5,611	$308,413 +2.8%
2010	--	$300,000 -14.5%
2009	--	$351,000 -55%
2008	--	$780,300 +114.3%
2005	--	$364,140 +13.8%
2004	--	$320,000 +70.9%
2003	--	$187,271 +2%
2002	--	$183,600 -24.4%
2000	--	$243,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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