Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.5% cap rate and an 10.6 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.
| MLS # | SB26196535 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 42 |
| Listing Provided By | Coldwell Banker Realty | Qubie Vazquez |
| SQ Feet | 2,514 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.09 |
| Property View | None |
| Fireplace Yes / No | No |
|---|
| Lot Features | Zero To One Unit Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90221 |
| Area | RO Compton S of Rosecrans | E of Alameda |
| Listing VS Median (in 90221) | |
Price: $850,000 low | high Med: $730,000 sqft: 2,514 low | high Med: 1,602 $ / sqft: $338 low | high Med: $456 On site: 42 low | high Med: 22 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Compton |
| Zip Code | 90221 |
| Area | RO Compton S of Rosecrans | E of Alameda |
| Listing VS Median (in 90221) | |
Price: $850,000 low | high Med: $730,000 sqft: 2,514 low | high Med: 1,602 $ / sqft: $338 low | high Med: $456 On site: 42 low | high Med: 22 | |