315 E Elm Street, Compton, CA 90221
- $550,000
- 4
- BD
- 2
- BA
- 1,943
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 26996265
- Year Built
- 1947
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,943
- Lot Size
- 6,058
- Acres
- 0.14
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- One Level
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.
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Additional Information
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Levels
- One
Listing courtesy of Listing Agent: Melissa Urena (melissaurealtor@gmail.com) from Listing Office: Real Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.