8100 Cerritos Avenue, Stanton, CA 90680

About this property

The 8100 Apartments is a 6 Unit apartment complex built in 1976 in the heart of Stanton, CA. This unique opportunity affords a prospective buyer the ability to purchase an asset in excellent exterior condition with ~30% upside in rents. The property has 6 garages and 8 reserved parking spaces. The Asset’s exterior has been thoroughly renovated in 2021. All 6 units are conditioned for rehabilitation, allowing an astute investor the ability to reposition the in-place rents after renovation. Recent upgrades areas include: exterior paint, landscaping, garage/storage doors, roof upgrades, fencing, and parking lot resurface.

Listing description from the July 2021 sale, as reported to CRMLS.

Sale history

$1,935,000

Sold July 2021 · listed $1,975,000, on market May 2021 · MLS #NP21110846 · Source: CRMLS

Listing Agent: Randall Mycorn · Listing Office: R.l.M. Equities, Inc. · Contact: 949-862-1020 · Bought with: Hung Hoang · New Empire Realty

$1,514,625

Sold February 2021 · listed $1,549,000, on market January 2021 · MLS #OC21011239 · Source: CRMLS

Listing Agent: Natalie Locke · Listing Office: Regency Real Estate Brokers · Contact: 949-707-4400 · Bought with: Natalie Locke · Regency Real Estate Brokers

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