12 beds6 baths2,856 sqft$418/sqft
204 N Spring Ave, Compton, CA 90221
Est: $6,670/moGet pre-approved

Description

Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building...Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building was replaced within the last two years and the concrete repaired. A new secure 4 station mailbox was installed in the last two years. There is a laundry room on site that was never utilized. Excellent opportunity to get to a 8.0 cap with laundry addition and increased rents. Do NOT disturb Tenants.
LISTING UPDATED: 06/30/2026 09:01 PM

Property Details for 204 North Spring Avenue

Status
MLS #
24-430359
Days on Market
711
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1942
Lot Size
0.14 AC / 6,211 SF
Water Front
None
Zoning
CORH*
Cross Streets
Compton Blvd and Alameda Street
Property Attached YN
true
Parcel Number
6166022007
Total Units
4.0
Living Area
2856
Source Living Area
Vendor Enhanced
Area
Compton S of Rosecrans, E of Alameda (RO)
Vacancy Rate
3340
Lot Size Area
6211
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
6166-022-007
Directions
Compton Blvd and Alameda Street
Map Coordinate
-118.217814, 33.897243
School District
Compton Unified
High School District
Compton Unified

Location

Listing Courtesy of Elite Representation Real Estate, Melissa Barlow, DRE #01498928
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Building Information for 204 North Spring Avenue

Stories2Residences-Year Built1942Building Size-Lot Size0.14 AC / 6,211 SF

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$6,670 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,074

Property Taxes

$596

HOA Dues

$0

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Property Information for 204 North Spring Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Professional Management: 5400.0
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated, Carbon Monoxide Detector(s), Smoke Detector, Window Bars
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street Paid
  • Water Heaters: Yes
  • Water Heater Features: Gas
  • Water District: Compton
Contract Info
Contract Info
  • Probate: No
  • Disclosures: City Inspection Required, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $113,748
  • Net Operating Income: $80,643.00
  • Gross Income: $2,400
  • Gross Scheduled Income: $2,400
  • Cap Rate: 7.04%
  • Gross Rent Multiplier: $11.67
  • Actual Annual Gross Rent: $111,348.00
  • Actual Gross Annual Income: $113,748
  • Laundry Income: $2,400
  • Actual Rent Total: $111,348.00
  • Financial Info as Of: 08/23/2024
  • Vacancy Allow Dollar: $.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 33105
  • Water Expense: $2,100.00
  • Trash Expense: $3,200.00
  • Expense Pest: $1,200.00
  • Tax Expense: $16,510
  • Gardener Expense: $1,200
  • Expense Licenses: $150.00
  • Insurance Expense: $2,680
  • Management Expense: $465.00
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1426
  • Lot Size Square Feet: 6211
  • Lot Features: Front Yard
  • Lot Description: Front Yard, Fenced Yard
  • Lot Location: None
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Garage Is Detached
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage - Single Door
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Ceiling Fan
  • Cooling Type: Ceiling Fan
  • Heating: Wall
  • Heating Type: Wall
  • Flooring: Mixed, Carpet, Tile
  • Equipment: Ceiling Fan, Garbage Disposal
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: Room
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Sprinklers: None
  • Patio Features: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-23-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,670.00
  • Unit Actual Rent: $1,670.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,995.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 5
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,774.00
  • Unit Actual Rent: $2,774.00
  • Unit Projected Rent: $3,495.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,840.00
  • Unit Actual Rent: $1,840.00
  • Unit Projected Rent: $1,840.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Disposal: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $206,439.00
  • Assessed Improvement Percent: 56.81
  • Assessed Land Value: $156,941.00
  • Assessed Land Percent: 43.19
  • Assessed Total Value: $363,380.00
  • Private Transfer Taxes: No

Property History for 204 North Spring Avenue

DateEvent & SourcePriceAppreciation
Jan 1, 2026

Hold

SDMLS #24-430359

Apr 3, 2025

Price Change

SDMLS #24-430359

$1,195,000
Apr 1, 2025

Price Change

CLAW #24-430359

$1,195,000
DateEvent & SourcePrice
01/01/2026

Hold

SDMLS #24-430359

04/03/2025

Price Change

SDMLS #24-430359

$1,195,000
04/01/2025

Price Change

CLAW #24-430359

$1,195,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 204 North Spring Avenue

Taxable ValueLand$163,280Additions$214,778Total$378,058
Tax Record2025$7,153 ($596 / month)
Home Facts
Baths6Total Finished SqFt2,856 SqFtAbove Grade Finished SqFt2,856 SqFtLot Size6,186 SqFtStyleQuadraplexYear Built1942Year Renovated1942ZoningCORH*CountyLOS ANGELESAPN6166-022-007

Schools near 204 North Spring Avenue

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Mayo Elementary School
PublicK to 8

Davis Middle School
Public6 to 8

Compton High School
Public9 to 12

Willowbrook Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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204 North Spring Avenue is a multi-family home for sale in Compton, CA 90221. This property was listed for sale on August 22, 2024 by Elite Representation Real Estate, it's currently listed at $1,195,000. It has been on the market for a total of 711 days and was last sold on May 7, 2012. This listing's school district is Compton Unified School District. Nearby schools include Mayo Elementary School, Davis Middle School and Compton High School. 204 North Spring Avenue is a 12-bed, 6-bath, 2,856 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Representation Real Estate, Melissa Barlow, DRE #01498928

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.