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8139 Cypress Ave, South Gate, CA 90280

$1,475,000

Description

Lyon Stahl Investment Real Estate as an exclusive listing broker, is pleased to present an opportunity to acquire an 8-Unit building that is situated on a 9,005 square foot lot located in the city South Gate, CA. The subject property is located at 8139 Cypress Ave, South Gate, CA.

The subject property is composed one (1) 2-bedroom/1-bathroom and seven (7) 1-bedroom/1-bathroom units. The two bedroom unit is about 900 square feet. Each one bedroom unit is approximately 620 square feet.

There are eight tuck-under parking spaces. Gas & electric are individually metered.

Investment Highlights:
• 5,220 SF Building Situated on a 9,005 SF Lot |Built in 1959
• Unit Mix – (1) 2-Bed/1-Bath, (7) 1-Bed/1-Bath
• SGR3YY Zoning

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Address

  • State/county: CA
  • Country: United States

Detail

Updated on August 15, 2019 at 7:34 pm

  • Price: $1,475,000
  • Property Size: 5,220 Sq Ft
  • Land Area: 9,005 Sq Ft
  • Year Built: 1959
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 8
  • GRM: 15
  • CAP RATE: 3.82%
  • Price per Unit: $184.375
  • Market GRM: 11.62
  • Market CAP RATE: 6.01%

Contact info

Jack McCann
Jack McCann
(310) 425-9838(310) 408-0121

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