204 North Spring Avenue
$1,300,000
12
6
2,856
2,856
$455
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...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.
- Listed by Melissa Barlow • DRE #01498928 • Brokerage DRE #01834648 • Elite Representation Real Estate
Property Details for 204 North Spring Avenue
Water Front
None
ZoningCORH*
Cross StreetsCompton Blvd and Alameda Street
Parcel Number6166022007
Total Units4.0
Living Area2856
Source Living AreaVendor Enhanced
AreaCompton S of Rosecrans, E of Alameda (RO)
LISTING UPDATED: 10/23/2024 02:58 PM
Property Details for 204 North Spring Avenue
Status | Active |
---|---|
MLS # | 24-430359 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1942 |
Lot Size | 0.14 AC / 6,211 SF |
County | Los Angeles County |
Building Information for 204 North Spring Avenue
Stories2Residences-Year Built1942Building Size-Lot Size0.14 AC / 6,211 SF
Property Information for 204 North Spring Avenue
Property History for 204 North Spring Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 204 North Spring Avenue
Taxable ValueLand$160,079Additions$210,967Total$371,046
Tax Record2024$7,104 ($592 / month)
Home Facts
Total Finished SqFt2,856 SqFtAbove Grade Finished SqFt2,856 SqFtLot Size6,186 SqFtStyleQuadraplexYear Built1942ZoningCORH*CountyLOS ANGELESAPN6166-022-007
Schools near 204 North Spring Avenue
This home is within Compton Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Mayo Elementary School PublicK to 8 | ||
Davis Middle School Public6 to 8 | ||
Compton High School Public9 to 12 | ||
Lifeline Education Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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