#24450299, Casey Lins, Listing Office: Kidder Mathews of California, Inc.
$10,000
closing credit¹
204 N Spring Ave Compton, CA 90221
Property details
About 204 N Spring Ave
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.
Highlights
Summary
- MLS Number: 24430359
- MLS Name: CRMLS
- Office Name: Elite Representation Real Estate
- Office Phone: (310) 387-0482
- Listing Agent: Melissa Barlow
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/1/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,195,000
204 N Spring Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 04, 2012 | Home Sold | $301,000 |
Aug 12, 2005 | Home Sold | $750,000 |
Oct 29, 1999 | Home Sold | $275,000 |
Jan 27, 1999 | Home Sold | $150,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $371,046 | $7,104 |
2023 | $363,780 | $7,024 |
2022 | $356,656 | $6,644 |
2021 | $349,672 | $6,691 |
2020 | $345,692 | $6,502 |
2019 | $338,915 | $6,278 |
2018 | $332,270 | $6,105 |
2017 | $325,756 | $6,105 |
History based on county public records data.
Nearby schools
7
Augusta A. Mayo Elementary School
Public District KG-5
0.5 mi
•915 N Mayo Ave
5
Rosecrans Elementary School
Public District KG-6
0.8 mi
•1301 N Acacia Ave
4
Ralph Waldo Emerson Elementary School
Public District PK-6
0.9 mi
•1011 E Caldwell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,660. Most Compton, CA residents have annual incomes less than $<35k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 204 N Spring Ave
This home is located at 204 N Spring Ave in Compton, CA and zip code 90221 in the The Southeast neighborhood. This 2,856 square foot home, which was built in 1942, sits on a 0.14 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,195,000.
In December 2024 more than 20 listings in Compton, CA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Compton, CA decreased by 4.6% between November and December 2024. While the average time on the market in December 2024 was 41 days, the median list price was $635,000.