$1,550,000
$1,649,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
5,356 SqFt
SOLD DATE : 07/27/2023
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,356 sqft
Price per Sqft $289
MLS Listing ID P1-13915
Sold Date 07/27/23
HOA Y/N No
Year Built 1961
Lot Size 7,196 Sqft
Acres 0.1652
Property Description
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.
Location
State CA
County Los Angeles
Area M3 - La Mirada
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Carport, Garage
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Parking Type Carport, Garage
Total Parking Spaces 9
Private Pool No
Building
Story Two
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 8041024006
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Yehia Zakaria • Century 21 Jervis & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States