We are pleased to present a 10-unit multi-family community located in the prime Gateway City of South Gate, CA. Located just east off major thoroughfare Long Beach Boulevard the subject property was originally built in 1929 and consists of approximately 6,662 square feet on approximately a 14,238 square foot lot. The building consists of 4 spacious one bedroom / one bathroom & 6 two bedroom / one bathroom units. There is plenty of onsite parking, with multiple garages on the premises. The property is located off the main thoroughfare of Long Beach Boulevard in the city South Gate, close proximity to the East Los Angeles South Gate Campus and a short drive from the Azalea Shopping Center. Furthermore, with a Walk Score of 79, this location is deemed to be very walkable where most errands can be accomplished by foot. Due to this, the tenants benefit from the many restaurants, shops and various other entertainment options all within a short distance from the property. This is an absolutely incredible opportunity to acquire a highly desirable cottage-style multi-family asset in one of the most accessible locations in the city and would be a great addition to any investors portfolio.
|--||New Value: $2,050,000|
|11/5/2019 4:21:00 PM|