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    22407 Horst Avenue

    Hawaiian Gardens, CA 90716
    • $565,500
    • STATUS: Active Under Contract
    • ON SITE: 313 days
    • ID#: RS19269126
    Under Contract
    UPDATED: 240 min ago
    $565,500
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,368
      SQFT
    • $413
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Keller Williams Commercial is proud to present a great investment opportunity duplex: low price, high returns and easy to operate. This property was stripped to the studs and completely remodeled in 2016. The property is still in great condition and 100% occupied. No deferred maintenance. Just collect rents and pay bills. Both units are 2 bedroom, 1 bath with a shared 2-car garage. Upstairs unit is occupied by a Section 8 tenant. Hawaiian Gardens has its own Section 8 program that is super fast and easy to work with and it is managed in HG City Hall just a couple blocks away. The rents have been going up $50 - $100 per month, per unit each year. This rental market is hot! Downstairs unit is non-section 8 tenant. They are on month-to-month lease and can be vacated for primary resident buyers or FHA buyers. Property is FHA qualified! Live in 1 unit and collect rent from other unit!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T00:27:49.22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

    www.playavistaliving.com/homes/101164519
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    22407 Horst Avenue Hawaiian Gardens, CA 90716

    • Price: $565,500
    • Status: Active Under Contract
    • Updated: 240 min ago
    • ID#: RS19269126
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,368
    SQFT
    $413
    $/SQFT
    1962
    Built
    Neighborhood:
    54 - Hawaiian Gardens
    County:
    Los Angeles
    Area:
    54 - Hawaiian Gardens
    Property Description
    Keller Williams Commercial is proud to present a great investment opportunity duplex: low price, high returns and easy to operate. This property was stripped to the studs and completely remodeled in 2016. The property is still in great condition and 100% occupied. No deferred maintenance. Just collect rents and pay bills. Both units are 2 bedroom, 1 bath with a shared 2-car garage. Upstairs unit is occupied by a Section 8 tenant. Hawaiian Gardens has its own Section 8 program that is super fast and easy to work with and it is managed in HG City Hall just a couple blocks away. The rents have been going up $50 - $100 per month, per unit each year. This rental market is hot! Downstairs unit is non-section 8 tenant. They are on month-to-month lease and can be vacated for primary resident buyers or FHA buyers. Property is FHA qualified! Live in 1 unit and collect rent from other unit!
    Exterior Features

    Foundation Details Raised Garage Spaces 2.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCommunity Structure Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 2.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 684 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Flooring LaminateTile Heating Wall Furnace Heating YN Yes Laundry Features In Garage Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lights Country Us Elevation Units Feet Gross Income 35100.00 Gross Scheduled Income 35100.00 Insurance Expense 553.00 Land Lease YN No Laundry YN Yes Net Operating Income 25703.00 New Construction YN No New Taxes Expense 6900.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 9397.00 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2925.00 Total Expenses 9397.00 Trash Expense 144.00 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Hgr2*

    Listing provided courtesy of J Chris Kim of Keller Williams Pacific Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T00:27:49.22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

     
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