$1,220,000
$1,199,888
1.7%For more information regarding the value of a property, please contact us for a free consultation.
8150 Gardendale ST #A Paramount, CA 90723
6,534 Sqft Lot
Key Details
Sold Price $1,220,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21058146
Sold Date 05/20/21
HOA Y/N No
Year Built 1963
Lot Size 6,534 Sqft
Acres 0.15
Property Description
We are pleased to exclusively offer "For Sale" this beautiful "Turn-Key" 4 unit Multi-family investment located in the very desirable city of Paramount (located 1 block South of Downey.) The subject property has been well maintained with over $100,000 in capital improvements done in 2019. All 4 units have similar floor plans and "ALL" have newer and updated flooring throughout, fixtures, kitchens, bathrooms, windows and interior paint. All units have interior laundry hook-ups and a one-car garages. All rental units are separately metered for Electricity & Gas while the owner pays for Water & Trash. The unit mix consist of perfect size (819 Square feet) 2 bedroom/ 1 bath Units. The exterior building has newer paint throughout and Gorgeous Stones in the front wall. This prime location property adjacent to Downey, market rents, rare 5% Capitalization Rate and limited inventory is perfect for the 1031 Exchange buyer, an investor that may want to live on one of the units or just an investor looking to add to their growing portfolio. Just minutes to the 105, 710 and 605 Freeways and close distance to Downey's retail and dining options.
Location
State CA
County Los Angeles
Area Rl - Paramount North Of Somerset
Zoning PARM*
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Suburban
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6264002062
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Oscar Jara • Universal Property Brokers