Movoto Real Estate

315 Elm St, Compton, CA 90221

$550,000
•
  • 4

    bed

  • 2

    bath

  • 1,943

    Sqft ($283/Sqft)

Multi-family for sale 3 days

About 315 Elm St

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 6,058 Sqft
Movoto estimate
Property description
Income-Producing Duplex Opportunity in Compton at 315-317 Elm Ave Compton CA. Add a well-maintained, tenant-occupied duplex to your investment portfolio with **$37,800 in current annual gross income, a 4.21% cap rate, and 14.6 GRM.** Both units are well cared for and offer in-unit laundry, while Unit 315 features an additional bonus den, wood-laminate flooring, newer kitchen cabinets, and quartz countertops.The property also includes a detached two-car garage providing off-street parking, along with a generously sized backyard. With established tenants already in place and consistent rental income from day one, this is a great opportunity for an investor looking to acquire a performing rental property without the need to start from scratch. Whether you're expanding an existing portfolio or adding your next income-producing property, this Compton duplex is ready for its next owner.
Listed by
Listing Agent - Melissa Urena
Listing Office - Real Broker
Source: The MLS mls logo
MLS#26996265 • last updated 4 days ago
Movoto checked The MLS for data 7 minutes ago
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Overview
Levels/Style One
MLS # 26996265
Type Residential Income
Status Active
SqFt 1943
Lot Size (SqFt) 6058
Lot Size (Acres) 0.1391
Year Built 1947
Interior
Total # of Baths 2
Total # of Bedrooms 4
Exterior
Parking Desc Garage - 2 Car
Add'l Structures None
Amenities / Utilities
Equipment Ceiling Fan
Location
County Los Angeles
Zoning COPRH*
APN 6166-014-016
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 2500
Unit 1: # Beds 2
Unit 1: Rent 1550
Unit 2: Rent 1600
Unit 2: Furnished No
Unit 2: Projected Rent 2700
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 1600
Unit Type 2106, 2107
Unit 1: Actual Rent 1550
Total # Of Buildings 2
Net Operating Income 23172
Cap Rate 4.21
Gross Income 37800
Gross Operating Income 37800
Gross Rent Multiplier 14.6
Total Annual Expenses 14628
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  • Real Estate
  • CA
  • Los Angeles County
  • Compton
  • 90221
  • 315 Elm St

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