$1,650,000
$1,700,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
8 Baths
5,387 SqFt
SOLD DATE : 03/15/2024
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,387 sqft
Price per Sqft $306
MLS Listing ID 23-318065
Sold Date 03/15/24
Bedrooms 11
Year Built 1991
Lot Size 0.265 Acres
Acres 0.2649
Property Description
Unique opportunity to acquire a 100% vacant quadruplex. This four-unit multifamily property, constructed in 1991, offers a rare mix of all large two-bedroom, three-bedroom, and four-bedroom units, each averaging 1,347 square feet. Originally a single-family home on a spacious lot, the property was expanded to four units in total in the 90s and has been under the same ownership for over 30 years. There is currently 1 vacancy, and the remaining below-market tenants have all signed cash-for-keys tenant buyout agreements. The property is expected to be completely vacant by 1/31/24 at the latest, presenting a fantastic value-add investment opportunity. Each unit features a private two-car garage with washer/dryer inside, as well as a private outdoor patio. The back unit's patio (#C) wraps around into a large, grassy backyard.
Location
State CA
County Los Angeles
Area Bell Gardens, Bell E Of 710, Commerce S Of 26Th
Zoning BGR3*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Dryer, Washer
Laundry Garage
Exterior
Garage Garage Is Attached, Garage - 2 Car, Uncovered
Garage Spaces 10.0
Pool None
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States