DRE #00338699
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3115 SANTA ANA Street $950,000

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3115 SANTA ANA Street South Gate, CA 90280

  • 4 Beds
  • 4 Baths
  • 2,163 sq.ft.
  • MultiFamily
MLS# 19494494 | Active
Days On Market: 23 0 Views
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Property Details

We are pleased to introduce the sale of a complete turnkey investment property in the city of South Gate. 3115 Santa Ana Street is a single-story 4 unit apartment building that recently underwent an in-depth renovation. The property is comprised of two structures which creates a 'home style' feeling for its tenants. The unit mix consists of one large (2+1) home and three spacious (1+1) apartments. Each unit is separately metered for gas and electricity with onsite parking available for each unit. South Gate is NOT subject to rent control restrictions. Upgrades to the property include all new copper plumbing, main water line, new electrical wiring and individual sub panels, main electric service panels, new bathroom tile and shower enclosures, recessed lighting and remodeled kitchen cabinets and counters. The exterior has been well maintained. Improvements also include new vinyl windows, new synthetic rubber roofing membrane, new individual water heaters, and cement driveway.

  • General Features
    • Net Operating Income 53967.00
    • Year Built 1931
    • County Los Angeles
    • Area Walnut Pk, Hunt Pk, Bell N of Florence, and Cudahy (T5)
    • Total Units in Complex 4
    • Special Conditions Standard Sale
    • Senior Community No
    • Adjusted Gross Income 72600.00
    • Total Annual Expense 17907.00
    • Gross Operating Imcome 71874.00
  • Building Features
    • Cooling Type Ceiling Fan(s)
    • Heating Type Wall Heater
    • Interior Features Other
  • Room Features
    • Unit 1 Bedrooms 2
    • Unit 1 Bathrooms 1.0
    • Unit 2 Bedrooms 1
    • Unit 2 Bathrooms 1.0
    • Unit 3 Bedrooms 1
    • Unit 3 Bathrooms 1.0
  • Property Features
    • ParkingSpacesTotal 4
    • Lot Size Sq Ft 6,003
    • Parking Features Uncovered

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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $950,000
7/30/2019 2:50:00 PM New in Database Source

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