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Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS21109325
Sold Date 08/10/21
HOA Y/N No
Year Built 1923
Lot Size 9,147 Sqft
Property Description
Incredible opportunity to create value, both through substantial renovations and rent increases, and potentially the ability to add accessory dwelling units (9,000+ square foot lot). There are three structures on the property - two 2-unit structures and a 4-car garage structure. Expenses are low and income is consistent with long-term tenants (eligible for 8.6% rent increases in October). Exterior recently painted and landscape refreshed. Don’t miss out on this opportunity!
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Zoning BFR3*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Rural
Utilities Available Water Not Available
Total Parking Spaces 4
Private Pool No
Building
Lot Description Yard
Sewer Public Sewer
Water Public, None
New Construction No
Others
Senior Community No
Tax ID 7106010008
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Celso Camargo • HomeSmart, Evergreen Realty