USACASouth Gate10016 California Ave
10016 California Ave, Home with 0 bedrooms, 0 bathrooms and 6 parking in South Gate CA | Image 1
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$1,025,000

10016 California Ave, South Gate, CA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 12
Lot Size 
Approx. Age 1959
MLS® Number CV25217828

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberCV25217828
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.1915
Exterior
GarageYes
Approx. Age1959
Basement
DrivewayAssigned, Door Multi, Driveway, Garage, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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