8601 Chestnut Avenue, South Gate, CA 90280
-
Listed Price :
$900,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1958
Property Description
Don't miss this great investment opportunity located on a corner location in the city of South Gate. The building consists of two 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units. The building has an unused room that previously was used as a laundry room. This can be converted back fairly easily to increase revenue. The parking is open on the side and in the back of the building with plenty of room for at least 6 cars. The current rents are under market due to the Covid restrictions but are being increased to try to get them to market rate. A little work and updating can make this into great investment.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Interior Information |
Features |
Formica Counters, Unfurnished |
Cooling Type |
None |
Listing Information
Address |
8601 Chestnut Avenue |
City |
South Gate |
State |
CA |
Zip |
90280 |
County |
Los Angeles |
Listing Agent |
WILLIAM BARKER DRE #01404206 |
Courtesy Of |
WILLIAM BARKER REAL ESTATE |
List Price |
$900,000 |
Status |
Active Under Contract |
Type |
Residential Income |
Subtype |
Quadruplex |
Structure Size |
N/A |
Lot Size |
4,813 |
Year Built |
1958 |
Listing information courtesy of: WILLIAM BARKER, WILLIAM BARKER REAL ESTATE. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 2nd, 2024 at 7:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.