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Key Details
Sold Price $1,780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,578 sqft
Price per Sqft $234
MLS Listing ID CV14078303
Sold Date 08/04/14
HOA Y/N No
Year Built 1989
Tax Year 2013
Lot Size 0.280 Acres
Property Description
We are pleased to exclusively offer for sale this 8 unit turn-key investment in the desirable city of Bellflower. The subject property which was built in 1989 has been meticulously maintained and well managed. The rental units are comprised of all two-story condo style units with individual gated patios. Each unit offers 2-Bedrooms & 1 1/2 Bathrooms with amenities such as Central A/C and Heat, onsite laundry room and two parking spaces per unit. There are two separate remote controlled gated parking areas offering security and accessibility for the tenants. The current loan with Chase bank must be assumed and offers very attractive terms (Loan amount $1,280,000, rate of 3.78% fixed for approximately another 4 years and 8 months). You will not find a better maintained property of this age and quality.
Please contact listing agent for a complete marketing package. Do not disturb the tenants or attempt to enter the property.
The subject property is located in the city of Bellflower which offers an investor strong rental demand and escalating rents. The property is located just west of the 605 freeway near the intersection of Alondra Blvd and Bellflower Blvd.
Location
State CA
County Los Angeles
Area Rg - Bellflower North Of 91 Frwy, S Of Alondra
Rooms
Ensuite Laundry Common Area
Interior
Interior Features All Bedrooms Up
Laundry Location Common Area
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Garage Attached Carport
Pool None
Community Features Curbs
Utilities Available Sewer Available
Parking Type Attached Carport
Total Parking Spaces 16
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 7106016002
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Lili Chan • Keller Williams Realty
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605