Movoto Real Estate

1131 W Spruce St, Compton, CA 90220

  • $850,000

  • 3

    bed

  • 3

    bath

  • 1,906

    Sqft ($446/Sqft)

Multi-family for sale 2 hours
Movoto is helping 89 homebuyers near you

About 1131 W Spruce St

Property type Multi-family
Neighborhood
Year built 1943
HOA fee $0/month
Lot size 9,479 Sqft
Movoto estimate
Parking 3 garage spaces
Property description
Rare Portfolio Opportunity in the City of Compton! This triplex consists of three (3) 1-bedroom, 1-bath units and is being offered with all units vacant, providing a unique opportunity for an investor to lease at current market rents and maximize income potential from day one. The seller strongly prefers to sell this property together with the adjacent triplex, which is also available for purchase. Both properties offer similar unit mixes, comparable lot sizes, and are listed at the same price, creating an exceptional opportunity to acquire a six-unit portfolio with side-by-side ownership. This package presents operational efficiencies, simplified management, and long-term investment potential in a strong rental market. Located near schools, shopping, public transportation, and major freeway access, the properties are well-positioned to attract tenants seeking convenient access to employment and amenities. With all units vacant, investors have the rare ability to establish rents at current market rates. Buyer to independently verify all information, including square footage, permits, zoning, rental rates, operating expenses, and future development potential. Properties are being sold in their present "As-Is" condition.
Listed by
Listing Agent - Yolanda Washington
Listing Office - Yolanda Washington
Source: The MLS mls logo
MLS#26845077 • last updated 9 hours ago
Movoto checked The MLS for data 57 minutes ago
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Overview
Levels/Style One
MLS # 26845077
Type Residential Income
Status Active
SqFt 1906
Lot Size (SqFt) 9479
Lot Size (Acres) 0.2176
Tax (Mello-Roos) No
Year Built 1943
Condition Repair Cosmetic
Interior
Total # of Baths 3
Total # of Bedrooms 3
Exterior
# Garage Spaces 3
# Parking Spaces 3
Parking Desc Garage - 3 Car
Add'l Structures None
Amenities / Utilities
Sewer/ Septic None
Water Heater Water Heater Unit
Equipment None
HOA Amenities None
Location
County Los Angeles
Waterfront None
View None
Zoning CORH*
APN 6156-001-029
Multifamily Details
Tenant Pays Electricity, Gas
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 1700
Unit 1: Projected Rent 1700
Unit 1: # Beds 1
Owner Pays Water, Gardener
Unit 2: Furnished No
Unit 2: Projected Rent 1700
Unit 3: # Beds 1
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit Type 2106, 2107, 2108
Total # Of Buildings 1
Net Operating Income 47075
Vacancy Amount (%) 5
Vacancy Rate 3, 060
Gross Income 61200
Gross Operating Income 47075
Gross Rent Multiplier 13.89
Total Annual Expenses 14125
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