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Elite Real Estate Group
info@elitereg805.com$1,099,999
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26179181
HOA Y/N No
Year Built 1947
Lot Size 0.256 Acres
Property Sub-Type Mixed Use
Property Description
Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential.
The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking.
At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations.
With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time.
Conveniently located near shopping, transportation, major freeways, and other local amenities.
The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking.
At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations.
With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time.
Conveniently located near shopping, transportation, major freeways, and other local amenities.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Interior
Cooling See Remarks
Fireplace No
Laundry None
Exterior
Carport Spaces 5
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6329013028
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Standard
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Listed by Alan Ramirez REAL BROKERAGE TECHNOLOGIES 9097143847, DRE #01964515
Nearby Schools & Businesses
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Elite Real Estate Group
Team