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Key Details
Sold Price $795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 316003970
Sold Date 07/15/16
HOA Y/N No
Annual Tax Amount $10,200
Lot Size 8,603 Sqft
Property Description
The Subject Property consists of two retail tenants located at 8635 & 8637 Greenleaf Avenue as well as a detached 3-bedroom 1-bathroom single family residence located on the same parcel with the address of 12942 Wilshire Drive in Whittier, California. The total lot size includes approximately 8,602 square feet of land and near 3,005 square feet of building. The property has been extensively renovated with permits and even the parking lot has been recently repaved and restriped with over 8-parking spaces. The single family residence is leased on a month to month basis and the two retail tenants are leased to a Zumba fitness gym and the other to the Greater Long Beach Autism Society. All together the property generates nearly $5,000 per month. With a purchase price of $799,000 this asset presents a unique opportunity to own a completely remodeled asset with the luxury of parking, wide street exposure, high end curb appeal and a single family residence for added income.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning C2
Interior
Flooring Wood
Fireplace No
Exterior
Garage Guest, One Space
View Y/N No
Accessibility Parking
Parking Type Guest, One Space
Total Parking Spaces 8
Private Pool No
Building
Entry Level One
Level or Stories One
New Construction No
Others
Tax ID 8165018011
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Private
Special Listing Condition Standard
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Bought with ROBERT HUANG • DYNASTY REAL ESTATE