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    7135 Watcher Street

    Commerce, CA 90040
    • $1,299,988
    • STATUS: Active Under Contract
    • ON SITE: 76 days
    • ID#: OC21098374
    Under Contract
    UPDATED: 31 min ago
    $1,299,988
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    5% Cap rate!!! Great opportunity for a homeowner looking for income or an investor. 3 units in total. The front house is the largest unit, approx. 1200 sqft. with 3 bedrooms / 2 baths, spacious front yard and attached 2-car garage with direct access. The middle unit has 4 bedrooms / 2 bathrooms and a large open floor plan and attached garage. The back unit has an open floorplan with 3 bedrooms / 2 bathrooms, an attached garage and backyard. The units have newer kitchens with granite counter tops. All the units have interior laundry, and central-air. All tenants are long-term on a month-to-month rental agreements, and are current on rents and pay all their own utilities. Each unit is separately metered for gas, water and electric. Great location close to freeways, business districts, shopping and a public library.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T21:27:47.573. 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 Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/116927457
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    7135 Watcher Street Commerce, CA 90040

    • Price: $1,299,988
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: OC21098374
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1976
    Built
    Neighborhood:
    T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    County:
    Los Angeles
    Area:
    T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    Property Description
    5% Cap rate!!! Great opportunity for a homeowner looking for income or an investor. 3 units in total. The front house is the largest unit, approx. 1200 sqft. with 3 bedrooms / 2 baths, spacious front yard and attached 2-car garage with direct access. The middle unit has 4 bedrooms / 2 bathrooms and a large open floor plan and attached garage. The back unit has an open floorplan with 3 bedrooms / 2 bathrooms, an attached garage and backyard. The units have newer kitchens with granite counter tops. All the units have interior laundry, and central-air. All tenants are long-term on a month-to-month rental agreements, and are current on rents and pay all their own utilities. Each unit is separately metered for gas, water and electric. Great location close to freeways, business districts, shopping and a public library.
    Exterior Features

    Architectural Style Traditional Construction Materials StuccoCopper Plumbing Fencing BlockGood ConditionWrought Iron Foundation Details Slab Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Features Direct AccessDoor-SingleDrivewayGarageShared Driveway Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

    Interior Features

    Accessibility Features Safe Emergency Egress From Home Appliances Electric RangeGas RangeRefrigerator Common Walls 1 Common WallNo One AboveNo One Below Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Central Heating YN Yes Interior Features Beamed CeilingsCeiling Fan(S)Granite CountersHigh CeilingsOpen FloorplanTile Counters

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5 Common Interest None Community Features Street LightsSidewalks Contingency Buyer To Cooperate With Sellers 1031 Exchange. Buyers To Do Own Due Diligence On All Aspects Of ConditionPermitsEtc...Interior inspection With Accepted Offer. Please Submit All Offers With Pof And Pre-Approval To; Shelly.Hilliard@Camoves.Com Disclosures Rent Control Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 84600 Insurance Expense 1500 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 68497 New Construction YN No New Taxes Expense 15275 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 16103 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Cmr3*

    Listing provided courtesy of Shelly Kay Hilliard of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T21:27:47.573. 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 Twiss Realty. Licensed in the State of California, USA.
     
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    5071-A Cole Road
    Mariposa CA, 95338