204 N Spring Ave Compton, CA 90221
Estimated payment $6,871/month
Highlights
- Fenced Yard
- Laundry Room
- Ceiling Fan
- 4 Car Garage
- Tile Flooring
- 3-minute walk to Wilson Park
About This Home
Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building was replaced within the last two years and the concrete repaired. A new secure 4 station mailbox was installed in the last two years. There is a laundry room on site that was never utilized. Excellent opportunity to get to a 8.0 cap with laundry addition and increased rents. Do NOT disturb Tenants.
Listing Agent
Elite Representation Real Estate License #01498928 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942 | Remodeled
Lot Details
- 6,211 Sq Ft Lot
- Fenced Yard
- Gated Home
- Front Yard
Parking
- 4 Car Garage
Home Design
- Raised Foundation
- Stucco
Interior Spaces
- 2,856 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Disposal
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 6166-022-007
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,104 | $378,058 | $163,280 | $214,778 |
| 2024 | $7,104 | $370,646 | $160,079 | $210,567 |
| 2023 | $7,025 | $363,380 | $156,941 | $206,439 |
| 2022 | $6,644 | $356,256 | $153,864 | $202,392 |
| 2021 | $6,692 | $349,272 | $150,848 | $198,424 |
| 2020 | $6,580 | $346,092 | $149,302 | $196,790 |
| 2019 | $6,503 | $339,315 | $146,375 | $192,940 |
| 2018 | $6,279 | $332,670 | $143,505 | $189,165 |
| 2016 | $5,957 | $319,370 | $137,934 | $181,436 |
| 2015 | $5,700 | $314,574 | $135,863 | $178,711 |
| 2014 | $5,611 | $308,413 | $133,202 | $175,211 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2025 04/01/25 | For Sale | $1,195,000 | 0.0% | $418 / Sq Ft | |
| 03/31/2025 03/31/25 | Off Market | $1,195,000 | -- | -- | |
| 12/30/2024 12/30/24 | Price Changed | $1,195,000 | -8.1% | $418 / Sq Ft | |
| 08/22/2024 08/22/24 | For Sale | $1,300,000 | +331.9% | $455 / Sq Ft | |
| 05/07/2012 05/07/12 | Sold | $301,000 | +19.2% | $105 / Sq Ft | View Prior Sale |
| 03/20/2012 03/20/12 | Pending | -- | -- | -- | |
| 03/09/2012 03/09/12 | For Sale | $252,500 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Usa National Title Company | |
| Quit Claim Deed | -- | First American Title Company | |
| Quit Claim Deed | -- | First American Title Company | |
| Grant Deed | $301,000 | Servicelink | |
| Trustee Deed | $279,900 | Landsafe Title | |
| Grant Deed | $750,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Ort | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | First American Title Co | |
| Trustee Deed | $296,660 | -- | |
| Grant Deed | $296,660 | -- | |
| Corporate Deed | $275,000 | First Southwestern Title Co | |
| Grant Deed | $150,000 | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,500 | New Conventional | |
| Previous Owner | $287,000 | New Conventional | |
| Previous Owner | $596,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $272,751 | FHA |
Source: The MLS
MLS Number: 24-430359
APN: 6166-022-007
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