Compton, CA 90221,4011 E Elizabeth Street
Compton, CA 90221,4011 E Elizabeth Street
Compton, CA 90221,4011 E Elizabeth Street
Compton, CA 90221,4011 E Elizabeth Street
Compton, CA 90221,4011 E Elizabeth Street
Compton, CA 90221,4011 E Elizabeth Street
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$730,000

$750,000

2.7%
Est.Price: ?

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Est. payment /mo

4 Beds

3 Baths

5,578 Sqft Lot


SOLD DATE : 07/12/2024

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24075943

Sold Date 07/12/24

Bedrooms 4

HOA Y/N No

Lot Size 5,578 Sqft

Property Description

Renovated and fully vacant SFR + ADU! 4011 E Elizabeth is the perfect opportunity to owner occupy the 3Bed+2Bath home in the front and rent out the ADU to offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578 square foot lot, zoned LCR1. This property is priced at only $375k/unit $333/sqft! This is one of the lowest price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will operate at 5.83% cap rate and 11.79 GRM. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! Renovated and fully vacant SFR + ADU! 4011 E Elizabeth is the perfect opportunity to owner occupy the 3Bed+2Bath home in the front and rent out the ADU to offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578 square foot lot, zoned LCR1. This property is priced at only $375k/unit $333/sqft! This is one of the lowest price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will operate at 5.83% cap rate and 11.79 GRM. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! *ADU has not been permitted - Minor costs with permitting and plans and adding a firewall to legalize. Approximate cost between $15-$30K.
Renovated and fully vacant SFR + ADU! 4011 E Elizabeth is the perfect opportunity to owner occupy the 3Bed+2Bath home in the front and rent out the ADU to offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578 square foot lot, zoned LCR1. This property is priced at only $375k/unit $333/sqft! This is one of the lowest price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will operate at 5.83% cap rate and 11.79 GRM. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! Renovated and fully vacant SFR + ADU! 4011 E Elizabeth is the perfect opportunity to owner occupy the 3Bed+2Bath home in the front and rent out the ADU to offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578 square foot lot, zoned LCR1. This property is priced at only $375k/unit $333/sqft! This is one of the lowest price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will operate at 5.83% cap rate and 11.79 GRM. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! *ADU has not been permitted - Minor costs with permitting and plans and adding a firewall to legalize. Approximate cost between $15-$30K.

Location

State CA

County Los Angeles

Area Compton (90221)

Zoning Assessor

Building

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $67

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA

Space Rent $3,500

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA

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San Diego Regional MLS (SDMLS)
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
Bought with Anthony Estevez • The Ave
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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