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Key Details
Sold Price $1,155,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,962 sqft
Price per Sqft $389
MLS Listing ID 23295223
Year Built 1945
Lot Size 0.273 Acres
Property Description
***THE SUBJECT PROPERTY MUST BE SOLD WITH THE ADJACENT 3 UNITS FOR SALE AT 7031 CHANSLOR AVENUE WHICH IS LISTED IN THE MLS*** 7101 Chanslor Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit, one two-bedroom unit, and four one-bedroom units sitting on a large 11,903 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been installed. There is a significant amount of upside in the rental income. The subject property is an excellent investment opportunity because of it's great location and substantial amount of rental upside. BUYER TO VERIFY NUMBER OF UNITS, UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF BELL. DRIVE BY ONLY. DO NOT CONTACT TENANTS. **SALES PRICE IN LISTING DOES NOT REFLECT ACTUAL SALES PRICE. Property was sold with adjacent parcel (APN: 6327-035-011) which includes 3 units for a total purchase price of $1,725,000**
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning BLR3YY
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Door-Single, Garage, Uncovered
Building
Story 1
New Construction No
Others
Special Listing Condition Standard
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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty