8981 Hildreth AVE, South Gate, CA 90280

$1,699,000

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Listed by Victoria Burkhardt, from J.K. Christopher Realty
(If provided) CoList: from

List Price
$1,699,000
MLS#
CRDW26188832
Status
ACTIVE
Lot Size
7,677
Listing Area
T4 - South Gate E Of 710
Year Built
1961

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

Additional Information

Amenities
Double Pane Windows(s)
Cooling System
None
Energy Features
Double Pane Windows
Garage Parking
Carport
Heating System
Wall Furnace
Laundry Facilities
In Laundry Room, Washer/Dryer - Leased
Lot Size
7,677
Neighborhood
T4 - South Gate E Of 710
Pool Description
None
Roof
Composition
Unincorporated Yn
Yes

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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