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15220 S White Avenue Compton, CA 90221
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Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $329
MLS Listing ID CRCV23029055
Sold Date 05/19/23
Bedrooms 8
HOA Y/N No
Year Built 1960
Lot Size 4,872 Sqft
Acres 0.11
Property Sub-Type Quadruplex
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
Zoning LCR3
Interior
Fireplace No
Laundry Community Facility
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 6180013015
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Bought with ReneLuna
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