9723 Mallison Ave | South Gate, CA 90280
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- LoopNet Team
9723 Mallison Ave
South Gate, CA 90280
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Turnkey Asset in Outstanding Rental Location
- Unit Mix: (1) 2-Bed / 1-Bath Detached House, (4) 2-Bed / 1-Bath Units & (2) 1-Bed / 1-Bath ADU's
- 5.54% Cap Rate & 11.93 GIM on Current Income
- Nearly $400,000 in Recent Capital Improvements
- Assumable Loan ($1,073,709) at 2.98% - Fixed Until August 2026
- RUBS System In-Place
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 4,971 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1956 |
| Zoning | SGR3YY | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,971 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1956 |
| Zoning | SGR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 6203-022-031 | Improvements Assessment | $1,118,430 |
| Land Assessment | $936,360 | Total Assessment | $2,054,790 |
PROPERTY TAXES
Parcel Number
6203-022-031
Land Assessment
$936,360
Improvements Assessment
$1,118,430
Total Assessment
$2,054,790
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