4011 E Elizabeth St, Compton, CA 90221

4011 E Elizabeth St, Compton, CA 90221

Compton, CA 90221
$750,000

Property Description

Renovated and fully vacant SFR + ADU! 4011 E Elizabeth is the perfect opportunity to owner occupy the 3Bed+2Bath home in the front and rent out the ADU to offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578 square foot lot, zoned LCR1. This property is priced at only $375k/unit $333/sqft! This is one of the lowest price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will operate at 5.83% cap rate and 11.79 GRM. Whether you are an owner/user or investor, this is the perfect opportunity to break into the real estate market! Renovated and fully vacant SFR + ADU! 4011 E Elizabeth is the perfect opportunity to owner occupy the 3Bed+2Bath home in the front and rent out the ADU to offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578 square foot lot, zoned LCR1. This property is priced at only $375k/unit $333/sqft! This is one of the lowest price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will operate at 5.83% cap rate and 11.79 GRM. Whether you are an owner/user or investor, this is the perfect opportunity 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.

Property Features

  • Sale Price: $750,000
  • Area Size: 5,578 sq ft lot
  • Year Built: 1956
  • Units: 2
  • Current GRM: 11.79
  • Current Cap Rate: 5.83%

Lyon Stahl Investment Real Estate

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