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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW22019166
Bedrooms 6
Lot Size 6,250 Sqft
Type of Financing Cash,Conventional,FHA
Property Description
Well kept tri-plex in a prime location, just minutes away from downtown LA. Close to shopping, schools, dining and transportation. Comprised of a single family home in the front and a two-story duplex in the rear. Large carport between the units provides plenty of secured, off-street parking. Rear units were constructed around 1963. All units are currently rented by long term tenants. Units are well maintained and managed by professional property management company. Rents are below fair market value because of the longevity of current tenants, providing the potential for higher rents by new owner.
Well kept tri-plex in a prime location, just minutes away from downtown LA. Close to shopping, schools, dining and transportation. Comprised of a single family home in the front and a two-story duplex in the rear. Large carport between the units provides plenty of secured, off-street parking. Rear units were constructed around 1963. All units are currently rented by long term tenants. Units are well maintained and managed by professional property management company. Rents are below fair market value because of the longevity of current tenants, providing the potential for higher rents by new owner.
Location
State CA
County Los Angeles
Area South Gate (90280)
Zoning Assessor
Exterior
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Others
Acceptable Financing Cash, Conventional, FHA
Space Rent $1,600
Listing Terms Cash, Conventional, FHA
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Bought with Juan Avendano • ReMax College Park Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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