South Gate, CA 90280,9832 Pinehurst AVE

$2,950,000

Est. payment /mo

$3,300,000

10.6%
Est.Price: ?

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9832 Pinehurst AVE South Gate, CA 90280

10,508 SqFt

SOLD DATE : 09/21/2022

Key Details

Sold Price $2,950,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,508 sqft

Price per Sqft $280

MLS Listing ID PW22106452

Sold Date 09/21/22

HOA Y/N No

Year Built 1963

Lot Size 0.327 Acres

Property Description

We are pleased to present a 12-unit apartment building located at 9832 -9836 Pinehurst Avenue in South Gate, California. Built in 1963, the subject property consists of 10,508 rentable square feet spread throughout a 14,263 square foot lot with an income-generating laundry room. The unit-mix includes two 3-bedroom/2-bathroom, one 2-bedroom/1-bathroom, one 2-bedroom/2-bathroom and eight 1-bedroom / 1-bathroom units. Owners enjoy the high demand for rentals in the mid-cities of Southern California. Tenants can appreciate living across from South Gate Park, offering many outdoor and indoor recreation activities including tennis, soccer, baseball, a skate park and batting cages. One of the most known soccer centers in all of Southern California, Goals Soccer, is also located at this park.

Situated approximately 7 miles southeast of downtown Los Angeles, South Gate is the 17th largest city in Los Angeles County, comprising 7.4 square miles. Strategically located near major highways, including Interstate 710 (Long Beach Freeway), Interstate 5 (Santa Ana Freeway) and Interstate 105 (Glen Anderson Freeway). South Gate is known as the “Azalea City” when it adopted the flowers as its symbol in 1965 and has a population of 94,642 as of 2019.

Location

State CA

County Los Angeles

Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore

Zoning SGR3YY

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Fireplace No

Laundry Laundry Room

Exterior

Carport Spaces 16

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6222027021

Energy Description 1800.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing FHA

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap
Bought with Julian Ongpin • RE/MAX TIME REALTY

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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