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Key Details
Sold Price $1,275,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22116629
Sold Date 10/03/22
HOA Y/N No
Year Built 1931
Lot Size 7,792 Sqft
Property Description
We are pleased to offer for sale this 6 unit multi-family investment for sale in the city of South Gate. Comprised of 4 separate structures, the unit mix consists of; 2 detached single story cottage style units both of which are 2Bed/1Bath, two additional 2Bed/1Bath units which are situated above the garage parking, 1(1Bed/1Bath) unit and 1 Studio apartment. All units are separately metered for electricity and gas while the owner pays for water and trash. Tenants enjoy both garage and onsite open space parking. Offered at a 4.89% CAP Rate and 13.57GRM, this investment is priced to sell and offers significant upside for the next investor.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGR3*
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 5.0
Carport Spaces 1
Garage Description 5.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 6202029005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000 REALTY
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