$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
0.46 Acres Lot
SOLD DATE : 10/08/2024
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24086084
Sold Date 10/08/24
Bedrooms 4
HOA Y/N No
Lot Size 0.456 Acres
Property Description
Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E 219th St can be delivered fully vacant at close of escrow for a buyer to either renovate the existing homes, demolish and rebuild townhomes, apartments, or create a small lot subdivision for homes. The unit mix is comprised of (4) 2-Bed/1- Bath and (4) 1-Bed/1-Bath units. Each unit has a private yard. 229 E 219th St is located off Main St and Carson St, which is conveniently situated near the 110 and 405 freeways giving any tenants or future owners easy access to get around the city. Upon stabilization, the property will operate at a 8.00% CAP and 8.86 GRM.
Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E 219th St can be delivered fully vacant at close of escrow for a buyer to either renovate the existing homes, demolish and rebuild townhomes, apartments, or create a small lot subdivision for homes. The unit mix is comprised of (4) 2-Bed/1- Bath and (4) 1-Bed/1-Bath units. Each unit has a private yard. 229 E 219th St is located off Main St and Carson St, which is conveniently situated near the 110 and 405 freeways giving any tenants or future owners easy access to get around the city. Upon stabilization, the property will operate at a 8.00% CAP and 8.86 GRM.
Location
State CA
County Los Angeles
Area Carson (90745)
Zoning Assessor
Building
Story 1
Others
Monthly Total Fees $424
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,300
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.