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Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20195257
Year Built 1923
Annual Tax Amount $3,661
Tax Year 2019
Lot Size 4,356 Sqft
Property Description
This is a classic triplex built on a generous size lot. Long term tenants are month to month, a perfect opportunity to improve rents. Close to Signal Hill Park and Hilltop Park. The front two units are a 2 bedroom/1 bath and a 1 Bedroom/1bath. The back unit is a 2 bedroom/1 bath. There is a long driveway for ample parking. All units have separate meters. Shared laundry in the back. This triplex is ready for its new owner. The Cap Rate and Gross Income calculated using conservative Pro Forma rents.
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning SHR2*
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Off Street
Pool None
Community Features Street Lights, Sidewalks, Urban
Building
Lot Description Street Level
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Josh Ess • Buckingham Investments, Inc
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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