$665,000
$698,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
4,225 Sqft Lot
SOLD DATE : 01/12/2015
Key Details
Sold Price $665,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS14216632
Sold Date 01/12/15
HOA Y/N No
Year Built 1963
Tax Year 2013
Lot Size 4,225 Sqft
Property Description
Outstanding fourplex in Hawaiian Gardens! All units have long term tenants at $1,200 rent monthly - there is room to increase rents. The building has a new roof, new copper pipes, new double pane windows, and many improvements were made inside the units as well. There is a laundry room onsite, and carports with storage lockers at the rear of the building (carports have been rebuilt). Trash arrives in 4 separate bills, so there is an opportunity to pass that expense to the tenants. You don't want to miss this opportunity to own an easy to manage building with low expenses, and room to increase rents.
Location
State CA
County Los Angeles
Area 54 - Hawaiian Gardens
Interior
Fireplace No
Exterior
Carport Spaces 4
Pool None
Community Features Rural
Utilities Available Sewer Available
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 7066026037
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Michael Borba • Borba Investment Realty
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”