Residential For Sale | Home | Duplex/Triplex/Fourplex
8994 McNerney Avenue . South Gate , CA 90280
This is the perfect opportunity for an investor or owner-user. For sale 4 units Cash flowing at a 5.5% Cap Rate and 12.9 GRM. Listed by Armin Soleimani •DRE #01846872 For more information and submitting an offer contact the listing agent Armin Soleimani arminsoleimani@gmail.com (310) 666-2246
2065 sq. ft.
Posted: 04/13/2023 1:56 pm
| On HOMEiZ: 379 days |
Updated: 1 month ago
| Views: 724
Location Map
Property Type
Sold
Property Price
$1195000
$1185000
01/24/2024
2065
3,903
Sq. Ft.
$579
(4) Fourplex
No Data
1
1
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1
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1
1948
Very good
1.25%
$14938
$
No HOA dues
2.5%
Financing
This property can be financed
Yes
No
No
No
No
Yes
Property Location & Description
This is the perfect opportunity for an investor or owner-user. For sale 4 units Cash flowing at a 5.5% Cap Rate and 12.9 GRM. Listed by Armin Soleimani •DRE #01846872 For more information and submitting an offer contact the listing agent Armin Soleimani arminsoleimani@gmail.com (310) 666-2246
This is the perfect opportunity for an investor or owner-user, with a 5.5%Cap Rate and 12.9 GRM from Day 1. The 4-Unit property has been completely stripped down to the studs, renovated with permits, and includes a brand new roof, electrical system, copper plumbing, windows, cabinets, flooring, lighting fixtures, bathrooms, and kitchens. Plus washer/dryer hookups in all units as well as water heaters and HVAC systems.
Its located in South Gate which is an excellent up-and-coming area close to schools, restaurants, shopping centers, and entertainment options - just blocks from Azalea Shopping Center which hosts Walmart, Starbucks AltaIn-N-Out Fridays Wingstop, and more. It's great to have access to the 710, and 105 freeways which will take you easily to Downtown LA or the beach!
Property Information
Sidewalks
Street Lighting
None
Building and Construction
None
Stucco
Wood products
1
Other
Room Features
Utilities
Central
Forced air
Sewer
Sewer System (Public)
Parking
Off-street
4
None
Energy Efficiency
Don't Know
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
23-254139
https://cloud.creop.com/open/listing/INVBVPGZ
Open house
Listing Presented by
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