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9734 Alexander Ave, South Gate, CA 90280

$1,500,000

Description

Lyon Stahl Investment Real Estate as exclusive listing broker, is pleased to present an opportunity to acquire a 8-Unit building that is situated on a 9,958 square foot lot located in the city South Gate, CA. The subject property is located at 9734 Alexander Ave, South Gate, CA.

The subject property is composed of two (2) 2- bedroom/1-bathroom and six (6) 1-bedroom/1-bathroom units.

The two bedroom units are about 900 square feet. Each one bedroom unit is approximately 500 square feet. There are four double tuck under garages. Gas & electric are individually metered.

Investment Highlights:
• 4,752 SF Building Situated on a 9,958 SF Lot | Built in 1952
• Unit Mix – (2) 2-Bed/1-Bath, (6) 1-Bed/1-Bath
• SGR3YY Zoning

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Address

  • State/county: CA
  • Country: United States

Detail

Updated on August 12, 2019 at 5:33 pm

  • Price: $1,500,000
  • Property Size: 4,752 Sq Ft
  • Land Area: 9,958 Sq Ft
  • Year Built: 1952
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 8
  • GRM: 15.77
  • CAP RATE: 3.86%
  • Price per Unit: $187,500
  • Market GRM: 11.42
  • Market CAP RATE: 6.21%

Contact info

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

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