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$ 1,075,000
Est. payment /mo
Active
220 N Rose Avenue Compton, CA 90221
8 Beds
6 Baths
6,348 Sqft Lot
UPDATED:
12/03/2024 04:43 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24088182
Bedrooms 8
HOA Y/N No
Lot Size 6,348 Sqft
Property Description
GREAT INVESTMENT OPPORTUNITY!! Check out this FOURPLEX generating substantial Annual Gross Revenue. City allows to construct an ADU and a Jr ADU which can result up to 6 units! Priced at a Cap Rate of 6.6%! It consists of (2) 3 Bedrooms and 2 baths and (2) 1 bedroom and 1 bathroom. Two units will be delivered vacant so the new owner can rent them at MARKET RENT setting up for even more cash flow! The property also consists of (4) 2 Car Garages and 8 more Parking Spots outside and gated. Conveniently located in front of Park, Metro, Shopping Centers and other transportation.
GREAT INVESTMENT OPPORTUNITY!! Check out this FOURPLEX generating substantial Annual Gross Revenue. City allows to construct an ADU and a Jr ADU which can result up to 6 units! Priced at a Cap Rate of 6.6%! It consists of (2) 3 Bedrooms and 2 baths and (2) 1 bedroom and 1 bathroom. Two units will be delivered vacant so the new owner can rent them at MARKET RENT setting up for even more cash flow! The property also consists of (4) 2 Car Garages and 8 more Parking Spots outside and gated. Conveniently located in front of Park, Metro, Shopping Centers and other transportation.
GREAT INVESTMENT OPPORTUNITY!! Check out this FOURPLEX generating substantial Annual Gross Revenue. City allows to construct an ADU and a Jr ADU which can result up to 6 units! Priced at a Cap Rate of 6.6%! It consists of (2) 3 Bedrooms and 2 baths and (2) 1 bedroom and 1 bathroom. Two units will be delivered vacant so the new owner can rent them at MARKET RENT setting up for even more cash flow! The property also consists of (4) 2 Car Garages and 8 more Parking Spots outside and gated. Conveniently located in front of Park, Metro, Shopping Centers and other transportation.
Location
State CA
County Los Angeles
Area Compton (90221)
Zoning Assessor
Interior
Appliance Other/Remarks
Exterior
Roof Type Composition
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $86
Acceptable Financing Cash, Conventional, Exchange, FHA
Space Rent $2,400
Listing Terms Cash, Conventional, Exchange, FHA
Listed by Edwin Acevedo • Century 21 LOTUS