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Listed by Victoria Burkhardt, DRE #01058834 • J.K. Christopher Realty
$ 1,699,000
Est. payment /mo
Contingent
8981 Hildreth AVE South Gate, CA 90280
7,677 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRDW26188832
Year Built 1961
Lot Size 7,677 Sqft
Source California Regional MLS
Property Description
**PRIDE OF OWNERSHIP** Beautifully Maintained 6 unit complex across from South Gate Park, Azalea Center and Transportation. **1st time on market in 47 years!! RE-PIPE entire building 2022 / New dual pane windows 2016 / New exterior paint 2016 / New Roof 2010 / New Synthetic Grass in front 2020 / New Vinyl fencing 2022 / Unit A - Ideal for owner Large 2 bd. 1 1/2 ba, Den, Fireplace completely remodeled 2020 / Unit B - 2 br. 1 ba completely remodeled 2017 / Unit C 2 br. 1 ba completely remodeled 2026 / Unit D - 2 br 1 ba completely remodeled 2020 / Unit E 2 br. 1 ba / Unit F 2 br. 1 ba completely remodeled 2022. Carport Parking listed as total 6 spaces ( 5 spaces are tandem parking and can fit 2 small cars each space) Laundry Room on site. This Great Building offers Low Deferred Maintenance making it a stabilized and well positioned asset in a strong rental market. With asking price of $1,699,000 the property offers a current Cap Rate of 6.79% and a GRM of 11.5 **Drive by Only!!** DO NOT DISTURB TENANTS! Subject to interior inspection with accepted offer only! Information deemed reliable but not guaranteed. All representations, measurements, and specifications are subject to independent verification. Buyer must perform their own due diligence regarding all aspects of
Location
State CA
County Los Angeles
Area T4 - South Gate E Of 710
Interior
Heating Wall Furnace
Cooling None
Laundry In Laundry Room, Washer/Dryer - Leased
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool None
Roof Type Composition
Building
Water District - Public
Others
Tax ID 6216015030
Special Listing Condition Not Applicable , Accepting Backups
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