$2,310,000
$2,300,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 04/08/2021
Key Details
Sold Price $2,310,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21019728
Sold Date 04/08/21
HOA Y/N No
Year Built 1963
Lot Size 9,583 Sqft
Property Description
Located within close proximity to numerous restaurants and shopping corridors this property offers an investor the rare
opportunity to acquire an income property in a strong rental market in the path or redevelopment. With rents close to 20%
below market value, an investor looking to add value could dramatically improve their cash flow by bumping rents up to
market rate and charging for additional parking thus making this acquisition a valuable addition to any investor’s portfolio.
Location
State CA
County Los Angeles
Area Ro - Compton S Of Rosecrans, E Of Alameda
Interior
Cooling None
Fireplaces Type Gas
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Jaime Rodriguez • Big Blue House Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States