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$1,240,000
$1,299,988
4.6%For more information regarding the value of a property, please contact us for a free consultation.
7135 Watcher ST Commerce, CA 90040
0.25 Acres Lot
Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21098374
Sold Date 08/23/21
HOA Y/N No
Year Built 1976
Lot Size 10,890 Sqft
Property Description
5% Cap rate!!! Great opportunity for a homeowner looking for income or an investor. 3 units in total. The front house is the largest unit, approx. 1200 sqft. with 3 bedrooms / 2 baths, spacious front yard and attached 2-car garage with direct access. The middle unit has 4 bedrooms / 2 bathrooms and a large open floor plan and attached garage. The back unit has an open floorplan with 3 bedrooms / 2 bathrooms, an attached garage and backyard. The units have newer kitchens with granite counter tops. All the units have interior laundry, and central-air. All tenants are long-term on a month-to-month rental agreements, and are current on rents and pay all their own utilities. Each unit is separately metered for gas, water and electric. Great location close to freeways, business districts, shopping and a public library.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning CMR3*
Rooms
Ensuite Laundry Inside
Interior
Interior Features Beamed Ceilings, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Tile Counters
Laundry Location Inside
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Electric Range, Gas Range, Refrigerator
Laundry Inside
Exterior
Garage Direct Access, Door-Single, Driveway, Garage, Shared Driveway
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Good Condition, Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility Safe Emergency Egress from Home
Parking Type Direct Access, Door-Single, Driveway, Garage, Shared Driveway
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6357014008
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with OGIE OBASEKI • EVERGREEN HOMES