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$2,350,000
Est. payment /mo
0.4 Acres Lot
UPDATED:
11/13/2024 12:59 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV24153706
Originating Board California Regional MLS
Year Built 1929
Lot Size 0.399 Acres
Property Description
NEW PRICE! 6.32% Current CAP Rate, 11.31 GRM! We are proud to exclusively offer for sale this 9 unit multi-family residential investment property located in the city of Maywood. This multi-family residential property comprises 9 units spread across four separate structures, one detached cottage, two single-story triplexes, and one 2-story duplex, all of which are well-maintained and provide tenants with essential amenities such as onsite garage parking and interior laundry hookups. The unit mix is comprised of one 3-Bedroom/1-Bathroom detached cottage, six 2-Bedroom/1-Bathroom units, and two 1-Bedroom/1-bathroom units. The total rentable square footage is 6,427 sqft and is situated on a large 17,384 sqft lot. Investors will appreciate the solid in place CAP rate and aggressive GRM. Its prime location offers tenants convenience, being within walking distance to major shopping centers, public transportation, and schools, enhancing its rental appeal.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Interior
Laundry 30, Other, 38, Community Facility
Exterior
Garage Spaces 23.0
Pool None
Building
Water District - Public
Others
Tax ID 6311018017
Special Listing Condition Not Applicable
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Listed by Kristopher German • RE/MAX 2000 REALTY
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Sharad Gupta
Broker | License ID: 02213637
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