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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,371 sqft
Price per Sqft $400
MLS Listing ID 23286571
Bedrooms 6
Year Built 1955
Lot Size 8,132 Sqft
Property Description
COURT IS SET FOR 10-20-2023! THE OPENING BID WILL BE $ 1,418,000. See agent remarks for more information on overbidding. Incredible opportunity to own this four-plex property in the heart of South Gate. The main house is currently vacant and would be perfect for an owner-occupier who wants to live on site and collect rental income from tenants. The grounds include a fenced in yard, shaded porches and three private garages. Property has great upside potential for new owner with value add opportunities. Property is being sold as-is. This is a probate sale subject to court confirmation. * Rental income is based on actual rent of 3 units + projection of $3,000/monthly for the Single Family Residence. Owner pays for common area utilities only, renters to pay for their individual utilities.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGR3YY
Interior
Heating Central
Building
New Construction No
Others
Special Listing Condition Probate Listing
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Bought with CYNTHIA RODRIGUEZ • CITY LIGHTS REALTY