904 S Bullis Road, Compton, CA 90221
- $850,000
- List Price
- $850,000
- Price Change
- ▼ $15,000 1783131273
- Status
- ACTIVE
- MLS#
- SB26070955
- Year Built
- 1954
- Lot Size
- 4,056
- Acres
- 0.09
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 78
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.1% cap rate and an 10.9 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.
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Additional Information
- Pool Description
- None
- View
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $78,864
- Operating Expense
- 8024
Listing courtesy of Listing Agent: Qubie Vazquez (teamqubie@gmail.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.