8981 Hildreth Avenue,South Gate, CA 90280
South Gate, CA 90280
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.
Details
| MLS # | DW26188832 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 8 |
| Listing Provided By | J.K. Christopher Realty | Victoria Burkhardt |
Features
| SQ Feet | 5,006 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.18 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Window Features | Double Pane Windows |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Fencing | Block |
Parking
| Parking Features | Carport |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Private Sewer |
Location
| Community Features | Park, Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | South Gate |
| Zip Code | 90280 |
| Area | T4 South Gate E of 710 |
| Listing VS Median (in 90280) | |
Price: $1,699,000 low | high Med: $739,900 sqft: 5,006 low | high Med: 1,195 $ / sqft: $339 low | high Med: $620 On site: 8 low | high Med: 20.5 | |
Market Activity 90280
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | South Gate |
| Zip Code | 90280 |
| Area | T4 South Gate E of 710 |
| Listing VS Median (in 90280) | |
Price: $1,699,000 low | high Med: $739,900 sqft: 5,006 low | high Med: 1,195 $ / sqft: $339 low | high Med: $620 On site: 8 low | high Med: 20.5 | |