Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    204 Spring Avenue, Compton, CA 90221
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    204 Spring Avenue
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    • MLS#: 24430359 ( Multi-Family )
    • Street Address: 204 Spring Avenue
    • Viewed: 7
    • Price: $1,195,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1942
    • Bldg sqft: 0
    • Days On Market: 187
    • Additional Information
    • County: LOS ANGELES
    • City: Compton
    • Zipcode: 90221
    • Provided by: Elite Representation Real Estate
    • Contact: Melissa Melissa
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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.
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    Features
    Property Type
    1. Multi-Family
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836