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4011 E Elizabeth Street

Compton, CA 90221
  • $750,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • ID#: SB24075921
Under Contract
UPDATED: 111 min ago
$750,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $333
    $/SQFT
Type:
Single-Family Home
Built:
1956
County:

School Ratings & Info

School District:
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Molly First of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

Renovated and fully vacant SFR + ADU! 4011 E Elizabethis the perfect opportunity to owner occupy the3Bed+2Bath home in the front and rent out the ADU tooffset your mortgage! You can pick your own tenants!This 2,250 square foot building is situated on a 5,578square foot lot, zoned LCR1. This property is priced atonly $375k/unit $333/sqft! This is one of the lowestprice/units & price/sqft in the neighborhood.Once both units are rented for market, the property willoperate at 5.83% cap rate and 11.79 GRM. Whether youare an owner/user or investor, this is the perfectopportunity to break into the real estate market!*ADU has not been permitted - Minor costs with permitting and plans and adding a firewall to legalize. Approximate cost between $15-$30K.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-24T11:27:43.603. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/150035312
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4011 E Elizabeth Street Compton, CA 90221

  • Price: $750,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • Updated: 111 min ago
  • ID#: SB24075921
4
Beds
3
Baths
0
½ Baths
0.13
Acres
2,250
SQFT
$333
$/SQFT
1956
Built
Neighborhood:
RO - Compton S of Rosecrans, E of Alameda
County:
Los Angeles
Area:
RO - Compton S of Rosecrans, E of Alameda
School District:
Compton Unified
Property Description
Renovated and fully vacant SFR + ADU! 4011 E Elizabethis the perfect opportunity to owner occupy the3Bed+2Bath home in the front and rent out the ADU tooffset your mortgage! You can pick your own tenants!This 2,250 square foot building is situated on a 5,578square foot lot, zoned LCR1. This property is priced atonly $375k/unit $333/sqft! This is one of the lowestprice/units & price/sqft in the neighborhood.Once both units are rented for market, the property willoperate at 5.83% cap rate and 11.79 GRM. Whether youare an owner/user or investor, this is the perfectopportunity to break into the real estate market!*ADU has not been permitted - Minor costs with permitting and plans and adding a firewall to legalize. Approximate cost between $15-$30K.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 0-1 Unit/Acre Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features All Bedrooms Down Main Level Bathrooms 3 Main Level Bedrooms 4

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Garage YN No Land Lease YN No Laundry Features None Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalCal Vet Loan1031 ExchangeFHAFannie MaeFreddie MacGovernment Loan New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning LCR1YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-24T11:27:43.603. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Molly First of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)