$722,500
$695,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 12/03/2021
Key Details
Sold Price $722,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21220604
Sold Date 12/03/21
HOA Y/N No
Year Built 1941
Lot Size 6,098 Sqft
Property Description
Excellent opportunity for income seeking investors. Great investment property, move in one unit and rent the other two units to pay for the mortgage! Unit mix consists of one (1) 2 bedroom/1 bath front house which has a separate water meter from the two (2) 1 bedroom/1 bath units in the back of the property! All single story, separately metered for gas and electricity, occupied by long term tenants on month to month leases which offers immediate upside in rental income. The property is nestled in the best residential neighborhood in Bell, between Florence/Wilcox intersection and Florence/Atlantic intersection. Complete termite clearance along with repairs completed this year in 2021. There is ample parking for each unit. 1st residential unit: 1 bedroom, 1 bathroom with rents below market. (approx. 651 square feet) 2nd residential unit: 1 bedroom, 1 bathrooms, also rent below market (approx. 500 square feet) 3rd Residential unit: 1 bedroom , 1 bathrooms, also rent below market (approx. 500 square feet). Definitely a money making opportunity. The property is 100% tenant occupied. DO NOT DISTURB TENANTS, drive by only and submit offer subject to interior inspection. Se habla Español.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning BLR3YY
Interior
Heating Wall Furnace
Flooring Laminate, Tile
Fireplace No
Laundry Outside
Exterior
Parking Features Driveway
Carport Spaces 2
Pool None
Community Features Urban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6326018015
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Jovani Pina • Keller Williams Pacific Estates Cerritos
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