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$1,025,000
Est. payment /mo
5 Beds
2,809 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,809 sqft
Price per Sqft $364
MLS Listing ID CRCV25217828
Bedrooms 5
HOA Y/N No
Year Built 1959
Lot Size 8,341 Sqft
Acres 0.19
Property Sub-Type Quadruplex
Property Description
Investor Alert! This 4-unit multi-family property in South Gate offers immediate income with a current 6% CAP Rate and is priced to sell at $1,025,000. Featuring desirable single-story construction, the property totals 2,809 rentable sq. ft. on an 8,341 sq. ft. lot. The versatile unit mix includes a spacious 3-Bed/2-Bath detached cottage, two 1-Bed/1-Bath units, and a studio apartment, all highly rentable floor plans. Tenants benefit from onsite garage and open parking, while paying their own electricity and gas. Additional conveniences include an onsite laundry facility (currently not in use). With no local city rent control and strong tenant demand, this property provides excellent cash-flow potential and long-term upside for savvy investors.
Location
State CA
County Los Angeles
Zoning SGCR
Interior
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 6223001014
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Listed by Kristopher German • RE/MAX 2000 REALTY
_Our #1 priority is to find and attract mastery-based agents to partner with, protect our culture, and support our clients needs and desires."
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