8981 Hildreth AVE, South Gate, CA 90280
8981 Hildreth AVE, South Gate, CA 90280
8981 Hildreth AVE, South Gate, CA 90280
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,699,000
Est. payment /mo
7,675 Sqft Lot
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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26188832

HOA Y/N No

Year Built 1961

Lot Size 7,675 Sqft

Property Sub-Type Apartment

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 the property, included but not limited to utility connections, zoning compliance, environmental factors, and structural integrity. Seller and listing broker make no warranties, expressed or implied.

Location

State CA

County Los Angeles

Area T4 - South Gate E Of 710

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Laundry Room

Exterior

Parking Features Carport

Carport Spaces 6

Fence Block

Pool None

Community Features Park, Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Connected

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Private Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6216015030

Energy Description 539.22

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


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Listed by Victoria Burkhardt J.K. Christopher Realty 310-386-3414, DRE #01058834

NEARBY SCHOOL & BUSINESS

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