Great income property in the City Compton! Property has a total of 6 spacious bedrooms (2 per unit), 3 bath, parking garage, heating, and overall a comfortable living for all tenants for years to come. This property has been well maintained, plenty of parking, and each unit has their own garage. The property is close schools, shopping, and entertainment. Home is in a prime location as 91, 710, and 105 freeways are easily accessed from property. Do not miss your opportunity!
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.
Compton is located in California. Compton, California has a population of 96,083. Compton is more family-centric than the surrounding county with 32.78% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Compton, California is $62,297. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Compton is 33.1 years.
The average high temperature in July is 76.6 degrees, with an average low temperature in January of 47.6 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
