14901 Gagely Drive
14901 Gagely Drive
$2,300,000
4
10
7,188
7,188
$320
Closed 1/23/24
Description
5.4% Current CAP! The Parkside Apartments is nestled at the end of a tranquil cul-de-sac. This property also enjoys a prime location near the bustling retail intersection of Imperial Highway and La Habra Boulevard, making it a prime choice for residents seeking convenience and accessibility. In addition to its coveted location, The Parkside Apartments are strategically positioned to take full advantage of the high-demand rental market in La Mirada. This city boasts a scarcity of multifamily rental...5.4% Current CAP! The Parkside Apartments is nestled at the end of a tranquil cul-de-sac. This property also enjoys a prime location near the bustling retail intersection of Imperial Highway and La Habra Boulevard, making it a prime choice for residents seeking convenience and accessibility. In addition to its coveted location, The Parkside Apartments are strategically positioned to take full advantage of the high-demand rental market in La Mirada. This city boasts a scarcity of multifamily rental options including the scarcity of 1-bedroom units in the area, which underscores the limited opportunities for those seeking such accommodations. Additionally, the multifamily market’s supply constraints have created a unique situation for investors, with few properties available for acquisition in this city. The Parkside Apartments feature an appealing unit mix, consisting of eight 1-bedroom units and one 3-bedroom, 1.75-bath townhome unit. Currently, these units are rented at below-market rates in their existing condition. This presents an exceptional opportunity for a new owner to realize substantial rental income increases without the need for costly physical upgrades. In summary, The Parkside Apartments offer not only an outstanding location but also the potential for significant financial growth in a rental market with limited options, making it a lucrative investment opportunity for the discerning investor.
- Listed by Mark Bridge • DRE #01316702 • Brokerage DRE #01316702 • Mark Bridge, Broker • Mark.Bridge@cushwake.com
Property Details for 14901 Gagely Drive
View
Courtyard
Parking Spaces Total9
Private PoolNo
Cooling TypeWall/Window
Total Units9.0
Building TypeAttached
Lot Size SourceAssessor
Living Area7188
Location
LISTING UPDATED: 01/23/2024 03:29 AM
Property Details for 14901 Gagely Drive
Status | Closed |
---|---|
MLS # | OC23203111 |
Days on Market | 67 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
County | Los Angeles County |
Location
Building Information for 14901 Gagely Drive
Building/Complex14901 Gagely DrFloor-Stories2Residences-Pet Policy-Year Built1960Building Size-
Payment Calculator
$13,408 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 14901 Gagely Drive
Property History for 14901 Gagely Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14901 Gagely Drive
Taxable ValueLand$150,675Additions$486,901Total$637,576
Tax Record2023$10,277 ($856 / month)
Home Facts
Total Finished SqFt7,188 SqFtAbove Grade Finished SqFt7,188 SqFtLot Size8,147 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningLMR3*CountyLOS ANGELESAPN8041-024-009
Schools near 14901 Gagely Drive
This home is within Norwalk-La Mirada Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gardenhill Elementary School PublicK to 5 | ||
Arlie F. Hutchinson Middle School Public6 to 8 | ||
La Mirada High School Public9 to 12 | ||
El Camino High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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