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204 N Spring Avenue

Compton, CA 90221
  • $1,195,000
  • STATUS: Active
  • ON SITE: 559 Days
  • ID#: 24430359
$1,195,000
  • 12
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,856
    SQFT
  • $418
    $/SQFT
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

School District:
Listing Agent(s): Melissa Barlow of Elite Representation Real Estate (310-800-1608)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T00:29:23.84. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/154013234
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204 N Spring Avenue Compton, CA 90221

  • Price: $1,195,000
  • Status: Active
  • On Site: 559 Days
  • ID#: 24430359
12
Beds
0
Baths
0
½ Baths
0.14
Acres
2,856
SQFT
$418
$/SQFT
1942
Built
Neighborhood:
RO - Compton S of Rosecrans, E of Alameda
County:
Los Angeles
Area:
RO - Compton S of Rosecrans, E of Alameda
School District:
Compton Unified
Property 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.
Exterior Features

Attached Garage YN No Construction Materials Stucco Entry Location Ground Level w/steps Foundation Details Raised Lot Features Front Yard Number Of Separate Electric Meters 4 Parking Features Door-SingleGarage Parking Total 4 Patio And Porch Features None Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Disposal Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Additional Parcels YN No Association YN No Cap Rate 7.04 Community Features Gated Disclosures City Inspection RequiredRent Control Garage YN Yes Gross Income 2400 Insurance Expense 2680 Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 200 Net Operating Income 80643 New Construction YN No New Taxes Expense 16510 Number Of Separate Gas Meters 4 Number Of Units Leased 3 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Gated CommunitySmoke Detector(s)Window Bars Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Trash Expense 3200 Vacancy Allowance 0 Vacancy Allowance Rate 3 Water Sewer Expense 2100 Water Source Public Zoning CORH*



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T00:29:23.84. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Melissa Barlow of Elite Representation Real Estate (310-800-1608)