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Key Details
Sold Price $1,275,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22116629
Sold Date 10/03/22
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
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
Zoning Assessor
Direction North of I-105, West of I-710; Near the Intersection of Long Beach Blvd & Pine Pl
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Bought with Kristopher German RE/MAX 2000 REALTY
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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