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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22061149
Sold Date 11/30/22
Bedrooms 7
HOA Y/N No
Lot Size 6,525 Sqft
Property Description
Price Reduced! Buyers Walk-Through will be scheduled for those with a submitted offer only. Value-add investment opportunity! Nearly 100% rental upside with a pro-forma cap rate of 6%. No municipal rent control. This 4,133 SF building comes with a very attractive unit mix for both owner-user and investor. Two units have their own balcony. Five tuck-under parking spaces accessible via alley. Plenty of street parking. Easy access to 405, 110, and 105 Freeways. Prime for future appreciation. Buyer to cooperate with Seller's 1031 Exchange.
Price Reduced! Buyers Walk-Through will be scheduled for those with a submitted offer only. Value-add investment opportunity! Nearly 100% rental upside with a pro-forma cap rate of 6%. No municipal rent control. This 4,133 SF building comes with a very attractive unit mix for both owner-user and investor. Two units have their own balcony. Five tuck-under parking spaces accessible via alley. Plenty of street parking. Easy access to 405, 110, and 105 Freeways. Prime for future appreciation. Buyer to cooperate with Seller's 1031 Exchange.
Location
State CA
County Los Angeles
Area Gardena (90249)
Zoning Public Rec
Exterior
Parking Features Unit1:Assigned
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $1, 515
Acceptable Financing Cash
Space Rent $1,800
Listing Terms Cash
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
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