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Dilbeck Real Estate
Real Living
818-790-6774

9301 Atlantic Avenue, SOUTH GATE CA, 90280

(Closed)
Sold Price:
$3,525,000
Date:04/30/2014
|
18,298 sqft
|
MLS# PW14009218
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Listing Provided Courtesy Of: Morgan Skenderian
Last Updated: 9/23/2014 7:57 PM
Description for 9301 Atlantic Avenue SOUTH GATE, CA 90280
Drive-by only. Do not enter property without first making an appointment. Manager will report any individuals that enter property as there have been issues with buyer?s trespassing without an appointment.The property sits directly adjacent to one of the city?s newest housing developments on Park Avenue and Park Place, as well as the 96-acre South Gate Park which is the recreational epicenter of the city. There is also new commercial development planned directly across the street along Atlantic Boulevard, which is expected to further revitalize the area and bring additional employment. The property features a swimming pool, securitized access and parking, new air conditioning units and laundry facilities. Most of the unit interiors have been remodeled under the current ownership, and the property features copper plumbing. The roof has also been replaced along with the two 100-gallon water heaters. This leaves simple exterior cosmetic improvements for a new owner to add value with and increase rents. The property was built in 1961 and has had the same owner for the past 13 years. Parking consists of open parking in the rear of the property with ample additional parking along Atlantic Avenue.
Price
Sold Price:
$3,525,000
Sold Date:04/30/2014
Los Angeles
18,298 (approx)
PW14009218
Closed
Description
Drive-by only. Do not enter property without first making an appointment. Manager will report any individuals that enter property as there have been issues with buyer?s trespassing without an appointment.The property sits directly adjacent to one of the city?s newest housing developments on Park Avenue and Park Place, as well as the 96-acre South Gate Park which is the recreational epicenter of the city. There is also new commercial development planned directly across the street along Atlantic Boulevard, which is expected to further revitalize the area and bring additional employment. The property features a swimming pool, securitized access and parking, new air conditioning units and laundry facilities. Most of the unit interiors have been remodeled under the current ownership, and the property features copper plumbing. The roof has also been replaced along with the two 100-gallon water heaters. This leaves simple exterior cosmetic improvements for a new owner to add value with and increase rents. The property was built in 1961 and has had the same owner for the past 13 years. Parking consists of open parking in the rear of the property with ample additional parking along Atlantic Avenue.
Listing Information
Property Type: Multi-Family
26,909 Sq. Ft. Public Records 18,298 (approx)
$192.64 1961
Public, Water District
In Street, In Street, In Street
31 Total
Neighborhood
Room Information
Exterior / Lot Features
30 Parking Spaces
Community Pool
Curbs-Walks
Driving Directions
South of Firestone Blvd & West of the 710 Fwy
Financial Considerations
6222025016
Cash, Cash To New Loan
Income ,$109,968
340260.0000
Semi Annually
Listing Price History

SOUTH GATE Real Estate

SOUTH GATE is located in California. SOUTH GATE, California 90280 has a population of  94,703.

The median household income in SOUTH GATE, California 90280 is $41,851. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in SOUTH GATE 90280 is 30.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Morgan Skenderian Doug Rodermund
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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409774 - Dilbeck Real Estate
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