This is an excellent opportunity to buy a three-unit property that generates over $73,000 annually and can potentially increase rents. The front house has three bedrooms and two full bathrooms; the other two remodeled units have two large bedrooms and one bathroom. There are four one-car garages and extra space to park four additional cars. The tenants pay all the utilities. The roof is three years old, the street is quiet, and there is plenty of street parking. This property is near South Gate and Huntington Park.
Total Floor Area:
9,274 sq. ft.862 m2
Lot Size:
7,500-10,889 SF
Lot Size:
9,274 sq. ft.862 m2
Number of Buildings:
2
Number of Units:
3
Stories:
1 Story
Total Stories:
1
Market Area:
OTHER
County:
LOS ANGELES
Home Owner Fees:
0.0
Mello Roos Fee:
1689.0
Monthly Total Fees:
140.0
Annual expense actual:
1827
Gross scheduled income:
6150
Unit Number for Unit 1:
1
Bedrooms for Unit 1:
3
Number of bathrooms for Unit 1:
2
Total Rent for Unit 1:
2150.0
Garage for Unit 1:
Assigned
Unit Number for Unit 2:
2
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Total Rent for Unit 2:
2000.0
Unit Number for Unit 3:
3
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
1
Total Rent for Unit 3:
2000.0
This is an excellent opportunity to buy a three-unit property that generates over $73,000 annually and can potentially increase rents. The front house has three bedrooms and two full bathrooms; the other two remodeled units have two large bedrooms and one bathroom. There are four one-car garages and extra space to park four additional cars. The tenants pay all the utilities. The roof is three years old, the street is quiet, and there is plenty of street parking. This property is near South Gate and Huntington Park.
Data was last updated December 22, 2024 at 09:10 PM (UTC)
Area Statistics
Listings on market:
2,660
Avg list price:
$1,199,999
Min list price:
$37,499
Max list price:
$30,000,000
Avg days on market:
90
Min days on market:
1
Max days on market:
1,838
Avg price per sq.ft.:
$170.36
These statistics are generated based on the current listing's property type
and located in
OTHER. Average values are
derived using median calculations.