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$ 1,499,999
Est. payment /mo
Pending
10245 Virginia Avenue South Gate, CA 90280
3,721 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 3,721 sqft
Price per Sqft $403
MLS Listing ID CL25600837
HOA Y/N No
Year Built 1963
Lot Size 7,197 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
We are pleased to present the opportunity to acquire a well-maintained 6-unit multifamily property located in the highly desirable city of South Gate, California. The property is comprised of two separate buildings situated on a 7,195 square foot lot, offering excellent functionality and investment appeal.The unit mix includes three (3) spacious (2+1)'s and three (3) (1+1) units, providing a balanced combination that appeals to families, professionals, and individuals alike. One of the (1+1) units is a recently approved Accessory Dwelling Unit which was tastefully designed and rented at $1,800 per month. Onsite parking is available for tenants, enhancing the property's convenience and long-term leasing stability. This offering presents investors with an excellent opportunity to acquire a stabilized income-producing asset in a dynamic rental market with favorable fundamentals and long-term upside potential.The property is located in the city of South Gate, a vibrant community within Southeast Los Angeles County, known for its strong rental demand and central location. The property benefits from proximity to major employment hubs, retail centers, and entertainment venues. Tenants enjoy convenient access to shopping at the South Gate Towne Center, a variety of neighborhood restauran
Location
State CA
County Los Angeles
Zoning SGR3
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 6208019032
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Listed by Enrique Viramontes • Remax Commercial and Investment Realty
