$1,195,000
About this home
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.
Facts & features
- Bedrooms
- 12
- Bathrooms
- 0 full, 0 half
- Living area
- 2,856 sq ft
- Interior features
- Ceiling Fans
- Appliances
- Disposal
- Flooring
- Carpet, Tile
- Fireplace
- None
- Heating
- Wall Furnace
- Laundry
- Laundry Room
- Levels
- One
- Spa
- None
- Lot size
- 0.143 acres (6,211 sq ft)
- Pool
- None
- Year built
- 1942
- Parking
- Door Single, Garage
- Parking spaces
- 4
- Area
- RO - Compton S of Rosecrans, E of Alameda
- County
- Los Angeles
- Community features
- Gated
- Status
- Active
- Property type
- Residential Income
- Days on market
- 676
- Listed
- 2024-08-22
- Original price
- $1,300,000
- Parcel #
- 6166022007
- MLS #
- 24430359
