10016 California new Save Request In-Person Tour Request Virtual Tour
South Gate,CA 90280
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25217828
HOA Y/N No
Year Built 1959
Lot Size 8,341 Sqft
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
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGCR*
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned,Door-Multi,Driveway,Garage,Paved
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Community Features Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6223001014
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard