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Key Details
Sold Price $1,060,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB22033767
Sold Date 07/06/22
Bedrooms 3
HOA Y/N No
Lot Size 7,072 Sqft
Property Description
Excellent rental area in South Gate. Two story, 5 unit apartment building with unit mix consisting of (2) 2 bedroom, (2)1 bed, and (1) studio. Ample parking on site with detached four car garage, additional assigned parking and long driveway. High demand rental market with rental upside potential. Newer roof and exterior paint. Great income property with plenty of potential. Tenants on month to month lease. Property sold as-is and with current tenants in place. Buyer to cooperate with sellers 1031 delay exchange.
Excellent rental area in South Gate. Two story, 5 unit apartment building with unit mix consisting of (2) 2 bedroom, (2)1 bed, and (1) studio. Ample parking on site with detached four car garage, additional assigned parking and long driveway. High demand rental market with rental upside potential. Newer roof and exterior paint. Great income property with plenty of potential. Tenants on month to month lease. Property sold as-is and with current tenants in place. Buyer to cooperate with sellers 1031 delay exchange.
Location
State CA
County Los Angeles
Area South Gate (90280)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Exchange
Space Rent $1,245
Listing Terms Exchange
Financing Cash
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Bought with NON LISTED AGENT • San Diego
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878