$1,500,000 Price Analysis   ♡   South Gate, CA 90280 6 bed None bath 3,744 SqFt ($400/SqFt) 0.26 acre lot. Built 1941 Listed 2024-05-15, Taxes $8,685 | Ⓧ USDA Ineligible due to price & location near South Gate |
Explore a notable residential income property featuring six varied units
Each equipped with its own utility meters and enhanced by recent upgrades like new electrical panels in three of the units. The range of units includes cozy 1 bed, 1 bath setups all currently leased to tenants. This property boasts a detached six-car garage providing ample parking, private enclosed parking for each unit and convenient in-unit laundry facilities.
It is fully fenced, with low-maintenance landscaping and hardscaping that helps rduce upkeep demands. Nestled in a convenient location in South Gate, the property is within easy reach of shops, grocery stores, churches and schools, adding to its desirability for residents. Financial details and rent rolls are available f or review upon request from prospective buyers. Seize the opportunity to invest in a well-positioned property in a lively neighborhood, ideal for both new and seasoned investors looking to enhance their portfolio.
Presented by Gerardo Ascencio at
San Fernando Realty Mission Re.
Property MLS #24003605 from GreaterAntelope
Heating Features: Central Heat/Elec
Open Parking Spaces: 1
Lot Size Square Feet: 11326
Number of 1 Bedroom Units: 6
County: Los Angeles
Cross Street: Florence Ave
Directions: Turn right onto E Florence Ave, Turn left onto Seville Avenue.
Source Property Type: Multi-Family
Area: 96 - Out of Area North
Source Neighborhood: 96 - Out of Area North
Parcel Number: 6211-024-026
Zoning: SGR4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $329,727 + $256,636 $586,363 | $8,685 |
| 2021 | $323,262 + $251,604 $574,866 | $8,574 |
| 2020 | $319,948 + $249,025 $568,973 | $8,629 |
| 2019 | $313,675 + $244,143 $557,818 | $8,326 |
| 2018 | $307,525 + $239,356 $546,881 | $8,023 |
| 2017 | $301,496 + $234,663 $536,159 | $7,821 |
| 2016 | $295,585 + $230,062 $525,647 | $7,614 |
| 2015 | $291,146 + $226,607 $517,753 | $7,495 |
| 2014 | $285,443 + $222,169 $507,612 | $7,514 |
| 2013 | $284,153 + $221,165 $505,318 | $7,474 |
| 2012 | $278,582 + $216,829 $495,411 | $7,511 |
| 2010 | $273,120 + $212,578 $485,698 | $7,233 |
| 2009 | $271,723 + $211,492 $483,215 | $6,940 |
| 2009 | $271,079 + $210,990 $482,069 | $6,940 |
| 2008 | $266,396 + $207,346 $473,742 | $6,645 |
| 2007 | $261,173 + $203,281 $464,454 | $6,406 |
$1,500,000
Bakersfield
Listed 2024-05-15
$1,500,000
GreaterAntelope
Listed 2024-05-11
$1,500,000
CRMLS
Sold 1990-07-23
$345,000
Public Record
Year Built: 1941
Construction Materials: Stucco, Wood
Property Age: 83
Roof: Composition
Gas: Paid by Tenant
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.