Compton, CA 90221,15220 S White AVE
Compton, CA 90221,15220 S White AVE
Compton, CA 90221,15220 S White AVE
Compton, CA 90221,15220 S White AVE
Compton, CA 90221,15220 S White AVE
Compton, CA 90221,15220 S White AVE
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$995,000

$995,000

Est.Price: ?

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Est. payment /mo

4,870 Sqft Lot


SOLD DATE : 05/19/2023

Key Details

Sold Price $995,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23029055

Sold Date 05/19/23

HOA Y/N No

Year Built 1960

Lot Size 4,870 Sqft

Property Description

NEW PRICE!!! 6.26% CAP RATE on Current Rents! We are pleased to exclusively offer for sale this 4-Unit investment property located in the city of Compton. The property consists of all 2-Bedroom/1-Bathroom units. Tenants enjoy onsite covered parking as well as gated entryways. While the units are separately metered for electricity and gas, the owner also charges back the tenants for water and trash through a RUBS system which charges back the tenants for those utilities as well. This quadplex is located in a neighborhood with primarily single-family residences. The property currently boasts a Cap Rate of 6.26%, much higher than the average in the area, and provides significant upside for the next investor.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Carport Spaces 4

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6180013015

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000 REALTY • 909-645-0443
Bought with Rene Luna • VIP Real Estate Firm
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+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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