15220 S White Avenue, Compton, CA 90221
Fourplex
Sold May 2023
Listing Agent: KRISTOPHER GERMAN (DRE #01800021) · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Rene Luna · VIP Real Estate Firm · MLS #CV23029055 · Source: CRMLS
About this fourplex
NEW PRICE!!! 6.26% CAP RATE on Current Rents! We are pleased to exclusively offer for sale this 4-Unit investment property located in the city of Compton. The property consists of all 2-Bedroom/1-Bathroom units. Tenants enjoy onsite covered parking as well as gated entryways. While the units are separately metered for electricity and gas, the owner also charges back the tenants for water and trash through a RUBS system which charges back the tenants for those utilities as well. This quadplex is located in a neighborhood with primarily single-family residences. The property currently boasts a Cap Rate of 6.26%, much higher than the average in the area, and provides significant upside for the next investor.
Listing description from the May 2023 sale, as reported to CRMLS.
Sale history