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Key Details
Sold Price $2,950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22106452
Sold Date 09/21/22
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Exchange
Property Type Res Income 2-4 Units
Property Description
We are pleased to present a 12-unit apartment building located at 9832 -9836 Pinehurst Avenue in South Gate, California. Built in 1963, the subject property consists of 10,508 rentable square feet spread throughout a 14,263 square foot lot with an income-generating laundry room. The unit-mix includes two 3-bedroom/2-bathroom, one 2-bedroom/1-bathroom, one 2-bedroom/2-bathroom and eight 1-bedroom / 1-bathroom units. Owners enjoy the high demand for rentals in the mid-cities of Southern California. Tenants can appreciate living across from South Gate Park, offering many outdoor and indoor recreation activities including tennis, soccer, baseball, a skate park and batting cages. One of the most known soccer centers in all of Southern California, Goals Soccer, is also located at this park. Situated approximately 7 miles southeast of downtown Los Angeles, South Gate is the 17th largest city in Los Angeles County, comprising 7.4 square miles. Strategically located near major highways, including Interstate 710 (Long Beach Freeway), Interstate 5 (Santa Ana Freeway) and Interstate 105 (Glen Anderson Freeway). South Gate is known as the Azalea City when it adopted the flowers as its symbol in 1965 and has a population of 94,642 as of 2019.
Location
State CA
County Los Angeles
Zoning Assessor
Direction W on Tweedy Blvd, turn right on Pinehurst, property on the right
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Julian Ongpin RE/MAX TIME REALTY
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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