Commerce, CA 90040,1441 S Sydney DR
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Commerce, CA 90040,1441 S Sydney DR
Commerce, CA 90040,1441 S Sydney DR
Commerce, CA 90040,1441 S Sydney DR
Commerce, CA 90040,1441 S Sydney DR

$1,270,000

Est. payment /mo

$1,350,000

5.9%
Est.Price: ?

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1441 S Sydney DR Commerce, CA 90040

5,793 Sqft Lot

SOLD DATE : 05/25/2023

Key Details

Sold Price $1,270,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23031162

Sold Date 05/25/23

HOA Y/N No

Year Built 1963

Lot Size 5,793 Sqft

Property Description

We are pleased to exclusively offer for sale this 6 unit multi-family investment located in the city of Commerce. The subject property is comprised of 2(2Bed/1Bath) units & 4(1Bed/1Bath) units for a total rentable square footage of 3,692. Tenants have access to covered car-port as well as open space parking. In 2020 the subject property was completely re-piped with copper plumbing and new ABS drains were installed. Tenants pay for electricity and gas while the owner pays for water and trash. All tenants are current on rental payments. The property is ideally situated minutes to Downtown LA, in a tightly occupied rental area, and offers significant upside in rental income for the next investor.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning CMR3*

Interior

Fireplace No

Laundry None

Exterior

Carport Spaces 6

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5241029006

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000 REALTY • 909-645-0443
Bought with Omar Najera • Re/max Society

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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