$700,000
$695,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 01/22/2016
Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW15264638
Sold Date 01/22/16
HOA Y/N No
Year Built 1939
Lot Size 0.275 Acres
Property Description
Wow! Four (4) Units on one Gigantic 11,970 R-3 Square Foot Lot! Four Separate Water, Gas, and Electricity Meters. One Over-Sized 2-Garage Garage, plus two (2) Oversized Carports. Great Bread And Butter Units. Plus, this property has been Approved for the construction of TEN (10) SEPARATE CONDOMINIUM HOMES! This property is being sold along with the adjacent vacant lot, which measures an additional 10,371 Square Feet. That is a combined total of 22,341 square feet of land. BUILDERS & DEVELOPERS DREAM! Also included are the Final Plans Approved By The City.
This property sits about only three (3) minutes away from the 710 Fwy to the north and to the south, plus only minutes away from both the 105 and the 5 Freeways. Also only minutes away from Shopping on Firestone Blvd & Garfield Avenue and about five minutes away from shopping in the City of Downey.
Don't Wait. Contact Us Now for all the detailed information, including an Income & Expense Spreadsheet on the currents Rents, Expenses, Gross Multiplier, and Cap Rate, along with more information on the Adjacent Vacant Lot. Thank You for your interest. Property being sold "As Is".
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Interior
Interior Features Laminate Counters, Open Floorplan, All Bedrooms Down
Heating Floor Furnace
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks, Urban
Utilities Available Sewer Available
Accessibility No Stairs, Parking
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Street Level
Story One
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 6230009007
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Adelso Flores • Continental Real Estate