110 N Burris Avenue

    Compton, CA 90221
    • $900,000
    • STATUS: Closed
    • ON SITE: 73 days
    • ID#: CV18219015
    Sold - 09/25/2018
    $900,000
    SOLD - 09/25/2018
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,848
      SQFT
    • $234
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Michael Jacobs, as the exclusive listing agent, is pleased to present 110 N Burris Avenue, a six unit, non rent controlled building located in Compton, CA. Built in 1956, the two-story property is situated on 6,694 square foot lot zoned COPRH near the intersection of N Burris Avenue and E Compton Blvd. The property consists of four one bedroom units and two two bedroom units. All the units are individually metered for electricity and gas. The property contains six carports with small storage units. This gated property is well secured and offers the opportunity for an investor to immediately realize significant upside in rents and convert an unused laundry room into an additional income stream.

    Sold by Michael Jacobs of Nai Capital, Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T12:28:28.533. 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.kimmeeker.com/homes/87289894

    110 N Burris Avenue Compton, CA 90221

    • Price: $900,000
    • Status: Closed
    • Updated: 23 min ago
    • ID#: CV18219015
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,848
    SQFT
    $234
    $/SQFT
    1956
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Michael Jacobs, as the exclusive listing agent, is pleased to present 110 N Burris Avenue, a six unit, non rent controlled building located in Compton, CA. Built in 1956, the two-story property is situated on 6,694 square foot lot zoned COPRH near the intersection of N Burris Avenue and E Compton Blvd. The property consists of four one bedroom units and two two bedroom units. All the units are individually metered for electricity and gas. The property contains six carports with small storage units. This gated property is well secured and offers the opportunity for an investor to immediately realize significant upside in rents and convert an unused laundry room into an additional income stream.
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 Laundry Features Area

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 2000.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 63600.00 Gross Scheduled Income 63600.00 Insurance Expense 2116.00 Land Lease YN No Laundry YN Yes Net Operating Income 35969.00 New Taxes Expense 14402.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Operating Expense 25723.00 Professional Management Expense 2544.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 25723.00 Trash Expense 450.00 Water Sewer Expense 790.00 Water Source Public Zoning Coprh*

    Listing provided courtesy of Michael Jacobs of Nai Capital, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T12:28:28.533. 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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