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$1,699,000

Under Contract

8981 Hildreth Avenue

South Gate, CA

MLS# DW26188832

Apartment
71 days on marketNalren refreshed

Listing Agent

Victoria Burkhardt

Listing Agent

J.K. Christopher Realty

DRE #: 01058834

(310) 386-3414

Brokerage: J.K. Christopher Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1961

Year Built

7,677 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
Laundry Room
Window Features
Double Pane Windows

Exterior

Private Pool
No
Roof
Composition
Fencing
Block
Lot Features
0–1 Acre Lot

Building

Year Built
1961
Building Area Total
5,006
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace
Cooling
None
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Connected
Sewer
Private Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Carport
Parking Total
6

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