2747 Laurel Pl, South Gate, CA 90280

2747 Laurel Pl, South Gate, CA 90280

South Gate, CA

Property Description

Lyon Stahl Investment Real Estate is proud to present 2747 Laurel Pl, a triplex located in the heart of South Gate. This 1,722 square foot building consists of three 1-bed/1-bath units, situated on a massive 13,041 square foot lot with ample parking. Built in 1948, this property is incredibly well-located near the East Los Angeles South Gate campus and the Azalea Shopping Center. It is also in close proximity to nearby Los Angeles and Orange County metros.

Tenants enjoy all the local amenities of a close community and enjoy access to all major employment centers through the 710 and 91 freeways. This is an incredible investment opportunity for a value-add buyer to capitalize on one of the most accessible locations in the city of South Gate.

<strong>Investment Highlights:</strong>
• Unit Mix Consisting of (3) 1-Bed/1-Bath Units
• 13,041 SF Lot | Zoned R3 | Potential to Build 5 Units (buyer to verify)
• Located Minutes Away Azalea Shopping Center, Los Angeles and Orange County Metros
• Great Value Add Investment Opportunity

Property Features

  • Sale Price: $695,000
  • Area Size: 1,722 SF
  • Land Area: 13,041 SF
  • Year Built: 1948
  • Closing Date: 12/23/2019
  • Units: 3
  • Current GRM: 21.45
  • Current Cap Rate: 2.36%
  • Price Per Unit: $231,667
  • Market GRM: 14.85
  • Market Cap Rate: 4.39%

Lyon Stahl Investment Real Estate

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