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Listing Details

Status
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On Site
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On Market
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MLS #
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School Ratings & Info

Description

Only once in a great while does a no-brainer investment like this come along. This 4-unit building in the heart of Compton is a gem. It's in great shape, well-maintained, has good tenants if you want to continue with them, it's easy to rent, low maintenance, and it's available now! This handsome, Spanish revival style structure has a generous-sized lot with a play / entertaining area, every unit gets its own 2-car garage (separate detached structure in back), and the present rents are absolutely below that of today's rental market. Let's get this one sold!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T12:29:02.607. 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 Latrice Deluna Homes | The Orion Group. Licensed in the State of California, USA.
www.findorangecountyhomelistings.com/homes/117655854
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201 W Indigo Street Compton, CA 90220

  • Price: $755,000
  • Status: Active
  • Updated: 91 min ago
  • ID#: CV21110806
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1930
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Only once in a great while does a no-brainer investment like this come along. This 4-unit building in the heart of Compton is a gem. It's in great shape, well-maintained, has good tenants if you want to continue with them, it's easy to rent, low maintenance, and it's available now! This handsome, Spanish revival style structure has a generous-sized lot with a play / entertaining area, every unit gets its own 2-car garage (separate detached structure in back), and the present rents are absolutely below that of today's rental market. Let's get this one sold!
Exterior Features

Lot Features 0-1 Unit/AcreBack Yard Number Of Separate Electric Meters 4 Parking Features Garage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 50400 Gross Scheduled Income 46800 Insurance Expense 1500 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Net Operating Income 39480 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 7320 Other Expense 1800 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3360 Water Sewer Expense 2400 Water Source Public Zoning Corh*

Listing provided courtesy of Jacob Swodeck of Fathom Realty Group Inc


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T12:29:02.607. 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 Latrice Deluna Homes | The Orion Group. Licensed in the State of California, USA.
 
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Latrice Deluna Homes | The Orion Group
4533 MacArthur Blvd Ste 5074
Newport Beach CA, 92660