South Gate, CA 90280,9516 Alexander AVE
South Gate, CA 90280,9516 Alexander AVE
2
$2,775,000
$3,200,000
13.3%
Est.Price: ?

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8,977 Sqft Lot

9516 Alexander AVE South Gate, CA 90280

Est. payment /mo
SOLD DATE : 02/24/2022

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Key Details

Sold Price $2,775,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21236093

Sold Date 02/24/22

HOA Y/N No

Year Built 1961

Lot Size 8,977 Sqft

Lot Dimensions Assessor

Property Sub-Type Multi Family

Property Description

Prime 8 Unit Investment Property - Beautiful Tree-lined Quiet Desirable Neighborhood - Upgraded - Newer amenities with consistent high occupancy and ability to add value through short-term market rent achievement plan. Extremely well-maintained buildings (includes two addresses with one APN, 9516 & 9520). Two 4-Unit side-by-side facing buildings with carports and storage for each unit. Consists of two 2 bedroom/2 bath townhomes in front, two 3 bedroom/2 bath townhomes in back with private patios, and four 1 bedroom/1 bath upper units. 100% occupancy. Well-maintained exterior of newer roofs, stucco and paint, security doors, landscaping, fencing, security lighting and updated plumbing. Upgraded interiors of water heaters, carpet, paint, countertops, appliances, ceiling fans, and lighting. Community laundry room. Excellent location between Firestone and Tweedy Boulevards; 710, 105 Freeway close. 1031 exchange.

Location

State CA

County Los Angeles

Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 8

Community Features Park

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

Total Parking Spaces 8

Building

Lot Description 0-1 Unit/Acre, Landscaped, Near Park

Story 2

Water Public

Others

Tax ID 6217021002

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Trade

Special Listing Condition Standard

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CRMLS – RECore
Listed by Tim Butts Berkshire Hathaway H.S.C.P.
Bought with Richard Gonzales Berkshire Hathaway H.S.C.P.

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agent

Renaldo Wilson

Company | License ID: DRE# 02103516

+1(951) 458-3226

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