Property listed by Remax Commercial and Investment Realty, Enrique Viramontes 213-817-1000
$1,375,000
Presenting an exceptional multifamily investment opportunity in the City of South Gate. The property features an attractive mix of predominantly single-story, two-bedroom units, each enhanced with recently renovated kitchens. With no local rent control and only AB 1482 rent caps, investors benefit from favorable operating conditions. The asset's large lot… Read More and onsite garage parking offers potential investors future ADU development possibilities. Boasting a Walk Score of 85, residents enjoy convenient access to Plaza Mexico, the 105 Freeway, and a variety of nearby amenities, making this a desirable and well-located asset. Read Less
Listing Snapshot
Days Online
189
Last Updated
Beds
10
Square Ft.
3,847
Lot Size
0.33 Acres
Year Built
1945
MLS Number
25589237
Additional Details
Building
Built in 1945, Living area: 3847.0, 4 buildings, 2 stories, Levels: MultiSplit
Cooling
None
Heating
WallFurnace
Income
Gross Income: $123,600, Net Operating Income: $81,079
Lot
0.3301 acres
Parking
5 total parking spaces, Garage
Taxes
Parcel Number: 6207027004, Zoning: SGR3YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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