Offered at: $580,000
1008 N Burris Avenue, Compton
2 clean updated SFR’s and 2 duplexes on monstrous 9618 sq. ft. lot. Great curb, completely wrought iron and blockwall gated, raised foundations, separate meters, newer roofs and windows, 8 carports and NO RENT CONTROL. All spacious 1 beds, apx. 467 sq. ft. each, w/long term te-nants, all pay $790 a month. 56K actual income w/lots of upside. (I own similar units. Bungalows will command higher rents than stacked apartments, and for some reason maintenance costs are a lot lower too.) 1 block to Mayo Elementary, and 4 blocks to Lueders Park. This would make a great compound for an extended family. Subject to cancellation of prior escrow. |