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Listed by: Kristopher German (626) 427-0786 DRE #01800021 | RE/MAX 2000 REALTY (626) 956-0188
$995,000
5 Beds
- 5 Baths
--sqft
10016 California, South Gate, CA 90280
$995,000
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Quadruplex
Built in 1959
$-- HOA
8,341 sqft lot
--/sqft
Description
NEW PRICE! This 4-unit multi-family property in South Gate offers immediate income with a current 6.18% CAP Rate and is priced to sell at $995,000. 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 e...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1959
HOA Fees
-
Finished Area
- sqft
Lot Size
8,341 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV25217828
MLS Status
Active
Days on Market
80
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