Courtesy of: Nicholas Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com
Courtesy of: Nicholas Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com
$1,100,000
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7 bed
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2,948 square feet
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7.00 Bath (1 Full)
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Lot: 0.21 Acres
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Other
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$1,100,000
8181 Commercial Pl Excellent 7-unit apartment investment opportunity in the high-demand South Gate rental market. Priced at just $157, 143 per unit, the property features 100% single-story construction and an attractive unit mix consisting entirely of 1-bedroom/1-bath units. Current rents offer approximately 59% upside, providing investors with significant potential to increase income over time. Additional property features include open-space parking and on-site tenant storage. The property is situated on an approximately 8, 998 SF lot and is subject to AB 1482 with no local rent control. An attractive value-add opportunity at a low cost per unit in a strong infill rental market.
Courtesy of: Nicholas Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com
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