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4011 Elizabeth Street
Compton, CA 90221
Sold
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 INFORMATION
| MLS # | SB24075943 | Lot Size | 5,578 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 750,000
Price Per SqFt: $ 333 |
DOM | 384 Days |
| Address | 4011 Elizabeth Street | Type | Residential Income |
| City | Compton | Sq.Ft. | 2,250 Sq. Ft. |
| Postal Code | 90221 | Garage | N/A |
| County | Los Angeles | Year Built | 1956 |
| Bed / Bath | 4 / 0 | Parking | N/A |
| Built In | 1956 | Status | Closed |
| Sold Date | 2024-07-12 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Heating | Yes |
| Heating Information | Central |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $800
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/20/2024 | Active Under Contract | $750,000 |
| 04/16/2024 | Listed | $750,000 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
