14917 Gagely Drive, La Mirada, CA 90638

About this property

Excellent investment opportunity in La Mirada! This two-story building offers 6 units with spacious floor plans and ample storage. All units are 2 bedrooms, 1 Bathroom and are metered separately for gas and electricity. The property has great curb appeal, a grassy courtyard, seven garage spaces, two carport parking spaces, and shared laundry facilities. The building offers an attractive cap rate of 3.89% and a favorable GRM of 15.87. This property is well-located on a quiet cul-de-sac street with front and back access to the property. The property has an alley entrance from the rear, allowing tenants and guests to conveniently enter the premises. The location also offers close proximity to schools, shopping centers, hospitals, and parks.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,550,000

Sold July 2023 · listed $1,649,000, on market June 2023 · MLS #P1-13915 · Source: CRMLS

Listing Agent: Nicholas Cosfol · Listing Office: Property Masters Realty · Contact: (818) 542-3191 · Bought with: Yehia Zakaria · Century 21 Jervis & Associates

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