$1,030,000
$1,100,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
5,828 Sqft Lot
SOLD DATE : 01/10/2023
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22214496
Sold Date 01/10/23
Bedrooms 4
HOA Y/N No
Lot Size 5,828 Sqft
Property Description
South Gate Four-plex with lots of opportunity! Excellent location near schools, shopping and restaurants has kept this long-time rental property very desirable. Upside rental potential. Live in one unit and let the rents pay your mortgage while you build equity. Or consider the development opportunity of a generous-sized lot. Current tenants are on month-to-month leases. Garages are currently rented separately. Property consists of two duplexes, a detached garage with four separate one-car spaces and a community laundry room. Kitchens and bathrooms have been updated recently (new copper in all vertical plumbing) and several units have semi-private patio areas. Seller is CA Real Estate Broker.
South Gate Four-plex with lots of opportunity! Excellent location near schools, shopping and restaurants has kept this long-time rental property very desirable. Upside rental potential. Live in one unit and let the rents pay your mortgage while you build equity. Or consider the development opportunity of a generous-sized lot. Current tenants are on month-to-month leases. Garages are currently rented separately. Property consists of two duplexes, a detached garage with four separate one-car spaces and a community laundry room. Kitchens and bathrooms have been updated recently (new copper in all vertical plumbing) and several units have semi-private patio areas. Seller is CA Real Estate Broker.
Location
State CA
County Los Angeles
Area South Gate (90280)
Zoning Estimated
Building
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $87
Acceptable Financing Cash, Conventional
Space Rent $1,500
Listing Terms Cash, Conventional
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Bought with Gloria Cervantes • Realty One Group United