220 N Rose Avenue Pending

Compton,CA 90221

$ 1075000

8 Beds

6 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DW24088182

Bedrooms 8

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.

Location

State CA

County Los Angeles

Area Compton (90221)

Zoning Assessor

Exterior

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Others

Monthly Total Fees $86

Acceptable Financing Cash,Conventional,Exchange,FHA

Space Rent $2,400

Listing Terms Cash,Conventional,Exchange,FHA

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