$675,000
$699,800
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
5,596 Sqft Lot
SOLD DATE : 07/16/2024
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24047294
Sold Date 07/16/24
Bedrooms 1
HOA Y/N No
Lot Size 5,596 Sqft
Property Description
CASH or Hard Money Only, (FIXER) (Store front) 3 Units 1 bed/ 1 bath, with 3 single car garages. Property has a store front, per city may not be able to use as business due to the zoning change of 2015, zoning is NM/R2/R3 (CODE 11.55) no longer commercial mix/used (Small window for store front of 6 months from prior vacancy rule to put a similar business there, pet grooming, pet store something of the same nature, you have till April of this year to put a new License for business and for the city approval or can be residential with 15feet setback from property line. Property still boast of potential, to convert the garages to an ADU, possible rents $1,500 each unit. The property needs repairs, remodeling, new roof and more. Please refer to the city of South Gate for any other questions or concerns.
CASH or Hard Money Only, (FIXER) (Store front) 3 Units 1 bed/ 1 bath, with 3 single car garages. Property has a store front, per city may not be able to use as business due to the zoning change of 2015, zoning is NM/R2/R3 (CODE 11.55) no longer commercial mix/used (Small window for store front of 6 months from prior vacancy rule to put a similar business there, pet grooming, pet store something of the same nature, you have till April of this year to put a new License for business and for the city approval or can be residential with 15feet setback from property line. Property still boast of potential, to convert the garages to an ADU, possible rents $1,500 each unit. The property needs repairs, remodeling, new roof and more. Please refer to the city of South Gate for any other questions or concerns.
Location
State CA
County Los Angeles
Area South Gate (90280)
Zoning Assessor
Building
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $103
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Financing Cash
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Bought with Brenda Pena • Realty World Experts