CA > South Gate
South Gate, CA 90280,10016 California
South Gate, CA 90280,10016 California
South Gate, CA 90280,10016 California
South Gate, CA 90280,10016 California
South Gate, CA 90280,10016 California
South Gate, CA 90280,10016 California
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Christopher Rubio-Novack

Christopher Rubio-Novack

+1(310) 467-7189
$ 995,000
Est. payment | /mo
Save
$ 995,000
Est. payment | /mo
Save

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

Property Sub-Type Quadruplex

Property Description

NEW PRICE! This 4-unit multi-family property in South Gate offers immediate income with a current 6.18% CAP Rate and is priced to sell at $995,000. 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

CRMLS – RECore
Listed by Kristopher German RE/MAX 2000 REALTY 909-645-0443
Christopher Rubio-Novack

+1(310) 467-7189

rubio.realestate@gmail.com

2603 Camino Ramon Suite 200, San Ramon, CA, 94583

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