Property listed by Remax Commercial and Investment Realty, Nicholas Petrosian 213-817-1000
$1,050,000
8137 Beechwood Avenue is a five-unit investment opportunity located in the strong rental market of South Gate. The property consists of three one-bedroom units and two studios, with three units already renovated, delivering solid in-place income with remaining rental upside. The asset features dual-pane windows throughout and a recently painted… Read More exterior, reflecting ongoing maintenance and pride of ownership. The property also includes four single-car garages and an on-site laundry facility. South Gate has no local rent control ordinance and is subject only to AB 1482, allowing investors to adjust rents within state guidelines. A well-positioned, cash-flowing asset in a consistently strong tenant market. Read Less
Listing Snapshot
Days Online
19
Last Updated
Beds
3
Square Ft.
2,612
Lot Size
0.14 Acres
Year Built
1928
MLS Number
26657209
Additional Details
Appliances & Equipment
Microwave
Building
Built in 1928, Living area: 2612.0, 2 buildings, 2 stories, Levels: One
Cooling
None
Heating
WallFurnace
Income
Gross Income: $98,700, Net Operating Income: $62,607
Interior Features
CeilingFans
Lot
0.1376 acres, Dimensions: 40x150
Parking
4 total parking spaces, DoorSingle, Garage
Taxes
Parcel Number: 6211023007, Zoning: SGR4YY
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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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