Located in a great area of South Gate, this 5 unit property is a great buy considering the income potential of around $8,400 per month when fully occupied with maximum rents. The property features a single family residence with approximately 1,848 SF of living space, 3 bedrooms, 2 bathrooms, Living room and Huge family room off the back and a 1 car garage. It also has its own indoor laundry room and upgraded granite counters in the kitchen. Their are also two, 2 bedroom units with one bath each and one has been remodeled and looks fantastic. The last 2 units are studios with 1 bath each. Their are two, 2 car garages that are used by the 2 bedroom units. Total size of the 4 back units is approximatly 2,292 SF. This is an AWESOME rental property so don't wait too long before submitting your offers. The single family house does need some electrical work done on it before it could be occupied. Because of the way the gas and electrically system is set up, the owner pays water for all units, gas for all units and electrical for the single family house and studio apartments. But both 2 bedroom units pay for their own power.
|--||New Value: $1,150,000|
|11/7/2019 1:21:00 PM|