UPDATED:
09/30/2024 06:48 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24153706
HOA Y/N No
Year Built 1929
Lot Size 0.399 Acres
Property Description
Investors will appreciate the solid 5.9% current CAP rate and an 11.95 GRM. The structures include one detached cottage, two single-story triplexes, and one 2-story duplex, all of which are well-maintained and provide tenants with essential amenities such as onsite garage parking and interior laundry hookups. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.
Additionally, the property is offered with attractive Private Seller Financing terms: 30% down payment, 6.5% interest-only payments, and a 7-year term.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning MYR3YY
Rooms
Ensuite Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Interior
Laundry Location Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside
Fireplace No
Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 23
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6311018017
Energy Description 536.0
Acceptable Financing Cash, Cash to New Loan, Owner May Carry
Listing Terms Cash, Cash to New Loan, Owner May Carry
Special Listing Condition Standard
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