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PendingLuxury

$1,699,000

7,675 sqft$221/sqft70 days on market

8981 Hildreth Avenue

South Gate, CA 90280

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

7,675

Square feet

1961

Built

Listing narrative

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.

Listing agent (MLS): Victoria Burkhardt · Listing brokerage (MLS): J.K. Christopher Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,699,000

Beds

Beds n/a

Type

Condo

Home Size

7,675 sqft

Baths

Baths n/a

Lot Size

0.18 acres

Year

1961

Status

Pending

Days on Market

70

$ / Sqft

$221

· 8% down, 7% APR, 30yr fixed
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Courtesy of J.K. Christopher Realty