Excellent investment opportunity at 7.04 cap actual. 4 unit property: 204 Apt. A is 2 bedrooms and 1 bath; 204 Apt. B is 3 bedrooms and 2 baths; 204 Apt. C is 5 bedrooms (4 plus smaller bedroom that is office sized) and 2 baths; 206 is a small detached house on the lot with 2 bedrooms and 1 bath. The property also has 4 single-car garages with additional space for parking or adding an ADU. The roof of the detached unit 206 was replaced in the last two years. The water pipe from the meter to the building was replaced within the last two years and the concrete repaired. A new secure 4 station mailbox was installed in the last two years. There is a laundry room on site that was never utilized. Excellent opportunity to get to a 8.0 cap with laundry addition and increased rents. Do NOT disturb Tenants.
Multi-familyProperty Type
1942Year Built
6,211 sq ftLot Size
$418Price/Sq.Ft.
4 car garageParking
Listed by Melissa Barlow•DRE #01498928• Elite Representation Real Estate
Southeast La, located between the San Gabriel River and the I-710 corridor, is a residential and industrial Downey neighborhood with wide arterial boulevards and pocket parks. The neighborhood’s character concentrates around the Firestone Blvd and Lakewood Blvd crossroads, where taquerias, bakeries, and small storefronts line the sidewalks under steady traffic. Mid-century ranch homes and low-slung apartment courts sit behind mature street trees, while warehouse blocks and auto-oriented retail shape the edges. The Rio Hondo and river-channel paths add a linear, open-sky backdrop for walks and bike rides. Community rituals often orbit local staples like Porto’s Bakery & Cafe, the Downey Theatre, and the Columbia Memorial Space Center. The pace feels practical and grounded, with daily life organized around boulevards, schools, and civic spaces.
Provided by Walk Score and Local Logic
Market insights
204 N Spring Ave · $1,195,000
DAYS ON MARKET
758 days
The average home goes pending in 72 days.
SALE-TO-LIST
97.5%
Most homes are selling 2% below list price.
LIST PRICE
$1,195,000
Median list price in this area is $1,062,592. (11% lower than this home)
PRICE DROP
1 price drop
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Interior features
Ground level entry with steps
Ceiling fans
Garbage disposal
Carbon monoxide detector(s)
Smoke detector
Window bars
Bedrooms
Unit breakdown includes 2-bed, 3-bed, 5-bed and 2-bed units (individual unit counts vary)
Bathrooms
Unit bathrooms vary by unit: 1.0, 2.0 (depending on unit)
Kitchen
Garbage disposal
Laundry & utility
Dedicated laundry room
Gas water heater(s)
Flooring
Mixed flooring including carpet and tile
Heating & cooling
Wall heating
Ceiling fans for cooling
Exterior features
Front yard
Fenced yard
Patio: none
Home design
Residential income property
Updated/remodeled condition
Attached/common walls
Raised foundation
Stucco exterior
Two total floors (property contains multiple levels/units)
Parking
Detached garage (1-car garage listed, total garage spaces reported as 4)
Was being used as 4 units. Large units; great investment opportunity. Needs some work. This may only be a legal 3 unit property per city records, buyer and broker/agents to verify.
CRMLS #R1107367
Dec 6, 2011
Delisted
—
Dec 1, 2011
Listed
$275,000
$96/sq ft
CRMLS #P455466
Jul 29, 2005
Sold
$750,000
$263/sq ft
Jun 17, 2005
Listed
$750,000
$263/sq ft
Public Records
Oct 29, 1999
Sold
$275,000
$96/sq ft
Public Records
Jan 27, 1999
Sold
$150,000
$53/sq ft
TheMLS #826168
Nov 13, 1998
Delisted
—
Aug 13, 1998
Listed
*
Year
Property tax
Land + Additions
Assessment*
2025
$7,153 (+0.7%)
$163,280 + $214,778
$378,058
2024
$7,104 (+1.1%)
$163,280 + $214,778
$378,058
2023
$7,025 (+5.7%)
$160,079 + $210,567
$370,646
2022
$6,644 (−0.7%)
$156,941 + $206,439
$363,380
2021
$6,692 (+1.7%)
$153,864 + $202,392
$356,256
2020
$6,580 (+1.2%)
$150,848 + $198,424
$349,272
2019
$6,503 (+3.6%)
$149,302 + $196,390
$345,692
2018
$6,279 (+2.8%)
$146,375 + $192,540
$338,915
2017
$6,105 (+2.5%)
$140,692 + $185,064
$325,756
2016
$5,957 (+4.5%)
$140,692 + $185,064
$325,756
2015
$5,699 (+1.6%)
$137,934 + $181,436
$319,370
2014
$5,610 (−5.8%)
$133,202 + $175,211
$308,413
2012
$5,958 (+9.3%)
$132,600 + $174,420
$307,020
2011
$5,451 (+0.1%)
$130,000 + $200,000
$330,000
2010
$5,445 (−11.3%)
$140,000 + $160,000
$300,000
2009
$6,138 (−51.9%)
$140,000 + $160,000
$300,000
2008
$12,768
$163,800 + $187,200
$351,000
Public record
Public record
Zoning
Permits
Beds
1
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
6,211 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
569
Unfinished Sq. Ft.
—
Total Sq. Ft.
569
Year built
1942
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
6166022007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
RH
High-Density Residential Zone
The High-Density Residential Zone (R-H) is established to provide for a suitable residential environment through the predominant development of multiple-family dwellings.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Student
Housing-Other
Educational/school
Fire house
Library
Police station
Park & open space
May 9, 2005 • Final
Building
Roofing
Mar 2, 2005 • Final
Plumbing
Work on miscellaneous items.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
5/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 90° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Compton, CA • 90221
Average low and high temperatures (°F)
70
49
71
51
74
55
72
56
74
59
77
63
79
63
85
66
83
65
78
59
72
53
69
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 204 N Spring Ave
$1,134,013
$61K under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $705K to $1.4M.