$735,000
●
House -
Off Market
1501 S Burris Avenue
Compton, CA 90221
4 Beds
2 Baths
2,100 Ft²
$3,511
Est. Monthly
About This Property
Absolutely stunning FULLY REMODELED single family residence
consisting of a total of 4 bedrooms, 2 bathrooms and a LARGE OFFICE
/ BONUS ROOM! This home can easily be converted into 2
SEPARATE UNITS! This house is extremely spacious and
beautifully laid out! The total amount of square footage of this
property is approximately 2,100 sq ft on an extremely large 6,844
square foot CORNER LOT! This home is fully equipped with CENTRAL
AIR CONDITIONING & HEAT! As you enter the home you will notice the
gorgeous BRAND NEW laminate wood flooring throughout the entire
property along with beautiful tile and vanities in each bathroom.
Next you are immediately drawn to the fully UPGRADED KITCHEN! This
spacious kitchen also features beautiful quartz countertops and
shaker cabinets. Continuing to make your way through the home,
you'll discover each bedroom is very generous in size including a
PRIMARY SUITE and they all offer an ample amount of closet space.
This property is conveniently located near schools, shopping, parks
and freeways, this one is definitely a MUST SEE! Priced to sell,
it's going to go quickly so schedule a tour today!
Unit Size
2,100 Ft²
Days on Market
92 days
Land Size
0.16 acres
Price per sqft
$340
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #EV24115299)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by RE/MAX CHAMPIONS | $714,900 | |
| Listed by RE/MAX CHAMPIONS | |||
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | Listed by eXp Realty of California, Inc. | $500,000 | |
| Listed by eXp Realty of California, Inc. | |||
| | |||
|
Exciting opportunity in Compton! This fixer-upper offers immense potential for investors or buyers looking to customize their dream home. With a bit of TLC, this property can shine bright again. Conveniently situated in a vibrant neighborhood, close to amenities and transportation, this home is ready for your creative touch. Don't miss out on this chance to turn this diamond in the rough into your own masterpiece! The manager has listed the unit size as 1580 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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Sold On
HOA + Taxes
About Compton
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Listed by: MALCOLM SCATLIFFE, RE/MAX CHAMPIONS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24115299
Last Updated: 3 years ago
Data Source: CRMLS, MLS# EV24115299
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