1008 N Burris Avenue

    Compton, CA 90221
    • $949,000
    • STATUS: Active
    • ON SITE: 181 days
    • ID#: OC18255354
    Price Reduced
    UPDATED: 10 min ago
    $949,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $339
      $/SQFT
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    The Property consists of Six (6) 1bd/1ba Units Within Two Single-Story Garden Style Buildings With Eight (8) Covered Garages Situated in Large (9,618 sft) Lot & Gated Yard, Located In a Nice & Quite Neighborhood. Fully Occupied, Below Market Rent in No Rent Control Area. All Units Are Separately Metered for Gas & Electric. All Rents Are Current & Actual.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-21T00:34:12.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bentongrouphomes.com/homes/88725478

    1008 N Burris Avenue Compton, CA 90221

    • Price: $949,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: OC18255354
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,800
    SQFT
    $339
    $/SQFT
    1949
    Built
    Neighborhood:
    RO - Compton S of Rosecrans, E of Alameda
    County:
    Los Angeles
    Area:
    RO - Compton S of Rosecrans, E of Alameda
    Property Description
    The Property consists of Six (6) 1bd/1ba Units Within Two Single-Story Garden Style Buildings With Eight (8) Covered Garages Situated in Large (9,618 sft) Lot & Gated Yard, Located In a Nice & Quite Neighborhood. Fully Occupied, Below Market Rent in No Rent Control Area. All Units Are Separately Metered for Gas & Electric. All Rents Are Current & Actual.
    Exterior Features

    Fence YN Yes Fencing BlockWrought Iron Garage Spaces 8.00 Lot Features Front YardLandscapedLot 6500-9999PavedYard Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Heating Wall FurnaceElectric Heating YN Yes Laundry Features InsideSee Remarks Room Type KitchenLiving Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.60 Community Features SidewalksStorm DrainsStreet Lights Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 74496.00 Gross Multiplier 12.75 Gross Operating Income 74496.00 Gross Scheduled Income 74496.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Net Operating Income 53124.00 New Construction YN No New Taxes Expense 16372.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Number Of Units Leased 6 Operating Expense 21372.00 Professional Management Expense 0.00 Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 74496.00 Total Expenses 21372.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 3000.00 Water Source Public Year Built Source Assessor Zoning Coprh*

    Listing provided courtesy of Ali Asgari of Century 21 Award


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-21T00:34:12.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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