$761,000
$760,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 08/29/2014
Key Details
Sold Price $761,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV14132496
Sold Date 08/29/14
HOA Y/N No
Year Built 1955
Tax Year 2014
Lot Size 0.305 Acres
Property Description
We are pleased to exclusively offer for sale this 5 unit Multi-Family Investment Property in the desirable rental community of Bell Gardens. The property is comprised of all single story units spread among 4 separate detached buildings. The units mix consists of one 3 Bedroom/1 Bathroom detached cottage, two 2 Bedroom/1 Bathroom detached cottages, and one duplex with two 3 Bedroom/1 Bathroom units. The rental units are situated on a 13,272 sqft. lot, which is so large that it has frontage on both Florence Ave. and Live Oak St (Dual Gated Entry). All units are separately metered for electricity and gas and offer on-site parking. The subject property offers significant Cash-Flow on Day 1 and current upgrades include; new concrete driveway, one unit which was rehabbed from the studs up including new copper plumbing and electrical wiring, as well as additional interior upgrades to the remaining four units such as new flooring and cabinets.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGC4-R3PD
Interior
Fireplace No
Exterior
Parking Features Assigned
Carport Spaces 4
Pool None
Community Features Gutter(s)
Utilities Available Sewer Available
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6358032022
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000
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Broker Associate | Lic# 00870450