8933 Tope Avenue, South Gate, CA 90280

$1,255,000
6
BD
6
BA
3,084
SqFt
List Price
$1,255,000
Price Change
▼ $40,000 1570248973
MLS#
19507990
Bedrooms
6
Bathrooms
6
Living Sq. Ft
3,084
Lot Size
5,752
Property Type
Multifamily
Status
Pending

Property Description

Introducing 8933 Tope Avenue. This tastefully rehabbed property would make the perfect addition to a seasoned investor's portfolio or the perfect starter investment for a novice investor looking for a turn-key property. The offering is comprised of 6 (1 bd + 1 ba) units with garage parking. Each unit is separately metered for gas and electricity. This property can be sold along with 8905 Tope Avenue. South Gate is a historically strong rental market. Tenants enjoy a close proximity to dining and entertainment options along Firestone Boulevard. The property is centrally located near the 710, 5, 101, 110, 105, 60, and 10 freeways. It is only a short walk to nearby schools and a 5-minute drive to amazing shopping and entertainment centers.The future upside of this property will increase exponentially with the opening of the new 105,000 sf state of the art East Los Angeles Campus?literally across Firestone Blvd.

Additional Information

Units
6
Net Operating Income
$72,428
Total Parking Spaces
6
Year Built
1933
View
Parking
Garage
Heat
Wall Heater
Cooling
Other

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes.

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