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    1216-1218 N Mulberry Avenue

    Compton, CA 90222
    • $499,500
    • STATUS: Active Under Contract
    • ON SITE: 181 days
    • ID#: SB20146417
    Under Contract
    $499,500
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,446
      SQFT
    • $345
      $/SQFT
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    READY FOR QUICK SALE NOW!!! This is an outstanding investment opportunity for anyone, whether it be a seasoned investor, or someone looking to live in one of the units while deriving the rental income from the other. This property is situated in a strong rental area and ideally located near Public Transportation, Shopping, and City Services. This Duplex has undergone some recent improvements, including new roofs, newer windows, updated bath (one unit). Residences have laminate and/or tile flooring throughout (no carpeting), making it easier to maintain. Exterior features include a long driveway for off-street parking that leads to a detached double garage in the rear with a storage room. One tenant has exclusive use of the garage, and the other tenant uses the private storage room. While the current owner has made improvements, there is still additional upside (value-add) potential with some remaining TLC needed. THIS PROPERTY IS ZONED RESIDENTIAL-HIGH DENSITY; Please confirm with the City of Compton for possible uses, development, or ADU addition/garage conversion, IF permissible.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T00:27:53.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.

    www.bestorangecountyhomesearch.com/homes/108182279
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    1216-1218 N Mulberry Avenue Compton, CA 90222

    • Price: $499,500
    • Status: Active Under Contract
    • ID#: SB20146417
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,446
    SQFT
    $345
    $/SQFT
    1929
    Built
    Neighborhood:
    RN - Compton N of Rosecrans, E of Central
    County:
    Los Angeles
    Area:
    RN - Compton N of Rosecrans, E of Central
    Property Description
    READY FOR QUICK SALE NOW!!! This is an outstanding investment opportunity for anyone, whether it be a seasoned investor, or someone looking to live in one of the units while deriving the rental income from the other. This property is situated in a strong rental area and ideally located near Public Transportation, Shopping, and City Services. This Duplex has undergone some recent improvements, including new roofs, newer windows, updated bath (one unit). Residences have laminate and/or tile flooring throughout (no carpeting), making it easier to maintain. Exterior features include a long driveway for off-street parking that leads to a detached double garage in the rear with a storage room. One tenant has exclusive use of the garage, and the other tenant uses the private storage room. While the current owner has made improvements, there is still additional upside (value-add) potential with some remaining TLC needed. THIS PROPERTY IS ZONED RESIDENTIAL-HIGH DENSITY; Please confirm with the City of Compton for possible uses, development, or ADU addition/garage conversion, IF permissible.
    Exterior Features

    Architectural Style Bungalow Construction Materials Stucco Fence YN Yes Fencing Chain LinkNeeds RepairWoodWrought Iron Foundation Details Raised Garage Spaces 2.00 Lot Features Back YardFront YardLevel With StreetNear Public Transit Lot Size Dimensions 48X84 Lot Size Source Assessor Lot Size Units Square Feet Other Structures Storage Parking Features Driveway LevelGarageGarage Faces RearGarage - Single DoorGated Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Spa Features None Spa YN No Uncovered Spaces 2.00 View None View YN No

    Interior Features

    Appliances Gas RangeGas Water HeaterRange Hood Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 723 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall FurnaceNatural Gas Heating YN Yes Interior Features Ceiling Fan(S)Unfurnished Laundry Features Inside Levels One Room Type All Bedrooms Down Window Features Blinds

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lights Country Us Electric Standard Elevation Units Feet Exclusions Excludes Tenant-Owned Appliances And Personal Property Gardener Expense 0.00 Gross Income 32400.00 Gross Multiplier 15.40 Gross Scheduled Income 32400.00 Insurance Expense 1243.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Public Records Net Operating Income 21603.00 New Construction YN No New Taxes Expense 7634.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number With Range 2 Operating Expense 10797.00 Property Condition Repairs Cosmetic Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tax Annual Amount 6755.00 Tax Year 2019 Tenant Pays Cable TvElectricityGas Total Actual Rent 2700.00 Total Expenses 10797.00 Trash Expense 900.00 Utilities Electricity ConnectedNatural Gas ConnectedSee RemarksWater Connected Water Sewer Expense 1020.00 Water Source Public Year Built Source Assessor Zoning Corh*

    Listing provided courtesy of Gabriel Almeida of Forecast Realty Inc. and Stephanie Hart of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-22T00:27:53.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.

     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691