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9800 Madison Avenue
USD 1,395,000
房產編號: SB23163200
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9800 Madison Avenue ,90280
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icon 8559 SqFt
icon Built in 1946
icon USD 163/SqFt
icon 0 Bed
icon 0 Full
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位置 街景
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室內細節
臥室
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浴室
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室內面積
3180
建築細節
物業類型 --
房屋狀況 --
建築風格 --
新建房產 --
建造年份 1946
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此房屋詳細介紹
We are pleased to exclusively offer for sale this 5 unit multi-family investment located in the City of South Gate. The subject property features an outstanding Unit Mix of (1) 2 Bed/2 Bath Front House w/ Garage Parking, (2) 2 Bed/1 Bath Unit(s), and (2) 1 Bed/1 Bath Unit(s) for a total rentable square footage of 3,180 SF. Priced at a 5.65% CAP and 11.80 GRM on Current, In-Place Rents, this offering serves as an excellent opportunity for, not only those coming out of a 1031 Exchange, but for any astute investor looking to generate healthy Day 1 cash flow in a burgeoning submarket. Further, the property – and its tenants – have benefitted from over $200k in Capital Expenditures (CAP X) over the last (2) years, which include consistent upgrades throughout each unit and significant attention to detail on all big ticket items. Each unit is separately metered for gas and electricity, and the landlord is responsible for paying water and trash. In addition, ownership has implemented an efficient RUBS system as an effective way to offset volatile utility expenses and generate additional income subject to occupancy. This large, 8,559 SF Lot boasts a Walk Score of 88 (“Very Walkable”) and is strategically located just (2) lots down from Madison Elementary School, and within a 1 Mi Radius of (10) other schools in the area. These factors have played a major role in the submarket’s outstanding rent growth and low vacancy rates that have consistently consistently outpaced Los Angeles County as a whole over the last (5) years, and will continue to drive the underlying demographics that forecast a continuance of that trend. There’s a reason that NO other (5+) Unit APT buildings have sold within a 0.5 mi radius over the past calendar year.
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聯繫開發/經紀人
Cissy Tang
電話: (+1)626 9868**** icon
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聯繫開發/經紀人
icon
Cissy Tang
(+1)626 9868**** icon
請輸入您的國籍
+87
不能為空
電子郵件地址無效 電子郵件地址未驗證!
Cissy Tang
(+1)626 9868**** icon
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9800 Madison Avenue
USD 1,395,000 0 Beds
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