10024 Elizabeth Ave | South Gate, CA 90280
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- LoopNet Team
10024 Elizabeth Ave
South Gate, CA 90280
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- (4) 2-Bed / 1-Bath & (2) 1-Bed / 1-Bath
- Only Subject to AB1482 Rent Caps
- Newly Resurfaced Asphalt | New Exterior Paint | New Roof (Approx. 2015)
- Over 45% Upside in Rental Income
- 12.73 GRM & 4.38% Cap Rate on Current Income & 8.66 GRM & 7.61% Cap Rate on Market Income
- (6) Detached Carport Parking Spaces, (2) Single-Car Garage Spaces & (1) Open Space
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,058 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | SGR3YY | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,058 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | SGR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 6208-020-012 | Improvements Assessment | $412,763 |
| Land Assessment | $195,514 | Total Assessment | $608,277 |
PROPERTY TAXES
Parcel Number
6208-020-012
Land Assessment
$195,514
Improvements Assessment
$412,763
Total Assessment
$608,277
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