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Key Details
Sold Price $1,360,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-10493
Sold Date 04/25/23
Bedrooms 8
HOA Y/N No
Lot Size 6,247 Sqft
Property Description
Price Reduced! This 4-unit apartment building was built in 1987 and totals 4,076 square feet. Each unit has 2 bedrooms, 2 bathrooms and averages over a 1,000 square feet each. Each unit also has it's own laundry and central air conditioning and heating. Parking consists of 4 garage spaces and 4 uncovered spaces. These well-maintained units are in an excellent location close to the Herald Community Center, Lincoln Elementary School and Gabrielino High School. Rents are low. Two units have become vacant so great opportunity to bring the rents up to market! Financial analysis based on pro forma rents and estimated expenses.Great upside in the existing rents and great investment opportunity!
Price Reduced! This 4-unit apartment building was built in 1987 and totals 4,076 square feet. Each unit has 2 bedrooms, 2 bathrooms and averages over a 1,000 square feet each. Each unit also has it's own laundry and central air conditioning and heating. Parking consists of 4 garage spaces and 4 uncovered spaces. These well-maintained units are in an excellent location close to the Herald Community Center, Lincoln Elementary School and Gabrielino High School. Rents are low. Two units have become vacant so great opportunity to bring the rents up to market! Financial analysis based on pro forma rents and estimated expenses.Great upside in the existing rents and great investment opportunity!
Location
State CA
County Los Angeles
Area San Gabriel (91776)
Zoning Public Rec
Interior
Cooling Central Forced Air
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $1,550
Listing Terms Cash
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Non-Member (Merced) • Merced Non-Member