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 Details
Property Features
Property Information:
Year Built: 1956
Stories: 1
Living Area: 2,250 SqFt
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 259-7556
Listing Agent: Cameron Samimi
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
View: None
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: None
Other
Directions Information:
Directions: Off of Alondra Blvd and Long Beach Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
Price Per SqFt: $333/SqFt
Tax Information:
Annual Amount: $6,024
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Compton, CA.
This property is $150K more than the Median Sold Price and $197/SqFt less than other homes in Compton, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24075921
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 259-7556
Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/15/2024, 2:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 12, 2019
Nov 12, 2019Home Sold
$445,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,024
$449,609
2020
$1,357
$445,000
2019
$1,222
$49,395
2018
$1,196
$48,428
2017
$1,196
$47,480
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Kelly Elementary School
2320 E Alondra Blvd
Distance between this listing and this school0.09 miles
Public District Grades KG-6
4
/10
Emerson Elementary School
1011 E Caldwell St
Distance between this listing and this school0.72 miles
Public District Grades KG-6
5
/10
Roosevelt Elementary School
700 N Bradfield Ave
Distance between this listing and this school0.88 miles
Public District Grades KG-6
Nearby Schools
7
/10
Clinton, William Jefferson
6500 E Compton Blvd
Distance between this listing and this school1.05 miles
Public District Grades KG-7
6
/10
Whaley Middle School
14401 S Gibson Ave
Distance between this listing and this school1.20 miles
Public District Grades 6-8
2
/10
Hamilton Middle School
1060 E 70th St
Distance between this listing and this school1.23 miles
Public District Grades 6-8
Nearby Schools
5
/10
Dominguez High School
15301 S San Jose Ave
Distance between this listing and this school1.07 miles
Public District Grades 9-12
3
/10
Jordan High School
6500 Atlantic Ave
Distance between this listing and this school1.42 miles
Public Magnet Grades 9-12
4
/10
Compton High School
601 S Acacia Ave
Distance between this listing and this school1.59 miles
The neighbors living near this home have an average income of $56,962. The majority of Compton, CA residents have income between $35k-100k annually. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
This home is located at 4011 E Elizabeth St in Compton, CA and zip code 90221 in the The Southeast neighborhood. This 2,250 square foot home, which was built in 1956, sits on a 0.13 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $750,000.
Over 21 listings were sold over their listed price in April 2024 in Compton, CA. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Compton, CA decreased by 5.4% between March 2024 and April 2024. In April 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $600,000.
From Rocket Homes Real Estate and based on county public records data.