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.
SB24075921
Single Family, Duplex, Multi-Family, 1 Story
4
Los Angeles
3 Full
1956
0.1281
Acres
Public
1
Public Sewer
2,250
Sq. Ft.
School Information
Compton Unified
Bathrooms
3
Total:3
Detailed Room Information
- Bedroom(s)
- Main Level: 4, Total: 4
- Laundry
- None
Interior Features
- Cooling
- None
- Heating
- Other. Central.
- Common Walls
- No Common Walls
- Entry Location
- Front
- Fireplaces
- None.
- Additional Interior Features
- All Bedrooms Down
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Pool Description
- None
- Zoning
- LCR1YY
- Additional Exterior/Lot Features
- 0-1 Unit/Acre.
Financial Considerations
7301014009
Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government
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