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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48521891
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Private
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Shingle
Cooling Features
- None
- Air Conditioning
Heating Source
- See Remarks
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1952
- Building Area Total: 2,368
- Roof: Composition,Shingle
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1457
- Lot Size Source: Assessor
- Lot Size Square Feet: 6348
-
Listing Information
Listing Price Information
- Original List Price: 1,025,000
- Listing Contract Date: 2025-02-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6166017006
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Concrete,Direct Access,Garage,On Site,One Space
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RO - Compton S of Rosecrans, E of Alameda
- Directions: West on 105, exit Long Beach, Go South, Make Right on Compton Blvd, Make Right on Rose Ave
- Zoning: COCL*
- Source Property Type: Residential Income
- Area: RO - Compton S of Rosecrans, E of Alameda
- Property SubType: Quadruplex
Building and Construction
- Property Age: 73
- Common Walls: No Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 04/05/2025 @ 10:24
- MLS: DW25026581
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 2,368 sqft, 6,348 sized lot, and 4 parking. are nearby neighborhoods.