Property · 2 recorded sales since 2017
Listing Agent: Daniel Terrazas (DRE #02019893) · Listing Office: VIP Real Estate Firm · Contact: 562-231-3333 · Bought with: Brian Jung · Brian Jung Realty · MLS #DW21029893 · Source: CRMLS
BACK ON THE MARKET AND WILL DELIVERED 100% occupied with stabilized market rents. Brand new modern duplex in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (77 Walk Score). Investors get to enjoy a nice cash flow off this home with actually tenants in place producing $67,200 of annual gross rent. Amazing est. 5.8%+ CAP rate and 12.8X GRM. Property has total of 7 bedrooms, 6 baths and 5 parking spaces. First unit consists of a 5 bedrooms and 3 baths (including master bedroom and Jr master). Second unit consists of 2 bedrooms and 3 baths (each bedroom includes a restroom). This new estate has all the modern touches in today’s market such as laminate flooring, recessed lighting, backsplash and quarts countertops on kitchen, central AC, washroom, and many more features making it the one of the most beautiful homes in the neighborhood.
Listing description from the April 2021 sale, as reported to CRMLS.