20914 Bloomfield Avenue, Lakewood, CA 90715

$8,025,000
21,672
SqFt
Sold Price
$8,025,000
List Price
$8,595,000
Closing Date
Jul 25, 2019
Status
CLOSED
MLS#
PW19073214
Year Built
1969
Living Sq. Ft
21,672
Lot Size
46,070
Acres
1.0576
Lot Location
31-35 Units/Acre
Days on Market
62
Property Type
Multifamily

Property Description

We are pleased to offer, "Casa Centralia Apartments", a 32-unit apartment investment opportunity located in the city of Lakewood, adjacent to the city of Cerritos. First time on the market in over 30 years, Casa Centralia Apartments is an exceptionally rare investment opportunity due to the size of the community and its location. The offering is comprised of (24) one bedroom/one bathroom units and (8) two bedroom/one bathroom units. Casa Centralia Apartments offers its tenants a seldom seen amenities such as extra large patios and double balconies on select units. All tenants also enjoy Casa Centralia's on-site laundry facilities, gated parking & entry, swimming pool and carports. This investment opportunity is a true value-add opportunity offering tremendous rental upside on current rents. With the implication of RUBS, an investor can further increase cash-flow making this an exceptional investment opportunity. *First Time Available in Over 43 Years, *Exceptionally Rare & Highly Desirable Cerritos/Cypress-Adjacent Location, *Fantastic Mix of 1 & 2-Bedroom Units with Extra Large Patios & Double Balconies, *True Value-Add Asset with Tremendous Upside Potential on Current Rents, *By Implementing RUBS, a New Owner Can Drastically Increase Cash Flow

Additional Information

Tract Number
25699
Lot Description
Curbs, Sidewalks, Storm Drains, Street Lights
Pool Description
Community
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
32

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Doug Rodermund from Morgan Skenderian

Listing sold by Doug Rodermund from Morgan Skenderian

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.