4011 E Elizabeth Street, Compton, CA 90221
Duplex · 2 recorded sales since 2019
Sold July 2024
Listing Agent: Cameron Samimi (DRE #02035763) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-259-7556 · Bought with: Anthony Estevez · The Ave · MLS #SB24075943 · Source: CRMLS
About this duplex
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.
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history
