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$1,025,000

Est. payment - /mo

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5 Beds

Active

10016 California South Gate, CA 90280

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25217828

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

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 Assessor

Direction South of Tweedy Blvd. West of Otis St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 6223001014

Listed by Kristopher German RE/MAX 2000 REALTY

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

10016 California South Gate, CA 90280

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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10016 California