$2,775,000
$3,200,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
9516 Alexander AVE South Gate, CA 90280
8,977 Sqft Lot
Key Details
Sold Price $2,775,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21236093
Sold Date 02/24/22
HOA Y/N No
Year Built 1961
Lot Size 8,977 Sqft
Lot Dimensions Assessor
Property Description
Prime 8 Unit Investment Property - Beautiful Tree-lined Quiet Desirable Neighborhood - Upgraded - Newer amenities with consistent high occupancy and ability to add value through short-term market rent achievement plan. Extremely well-maintained buildings (includes two addresses with one APN, 9516 & 9520). Two 4-Unit side-by-side facing buildings with carports and storage for each unit. Consists of two 2 bedroom/2 bath townhomes in front, two 3 bedroom/2 bath townhomes in back with private patios, and four 1 bedroom/1 bath upper units. 100% occupancy. Well-maintained exterior of newer roofs, stucco and paint, security doors, landscaping, fencing, security lighting and updated plumbing. Upgraded interiors of water heaters, carpet, paint, countertops, appliances, ceiling fans, and lighting. Community laundry room. Excellent location between Firestone and Tweedy Boulevards; 710, 105 Freeway close. 1031 exchange.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 8
Community Features Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 8
Building
Lot Description 0-1 Unit/Acre, Landscaped, Near Park
Story 2
Water Public
Others
Tax ID 6217021002
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Trade
Special Listing Condition Standard
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Bought with Richard Gonzales • Berkshire Hathaway H.S.C.P.