9616 San Juan Avenue, South Gate
South Gate Home For Sale
We are pleased to exclusively offer for sale this 4-Unit multi-family investment property in the city of South Gate. The subject property offers one charming 2-bed/1-bath detached cottage, complemented by three additional 2-bed/1-bath units, collectively offering 3,096 square feet of rental space on a generous 7,243 square foot lot. Each unit is thoughtfully designed to maximize space and comfort, ensuring a pleasant living environment for tenants. The property boasts ample onsite parking, including both garage and carport options, addressing a crucial need for urban living, and adding considerable value for tenants. Each unit is separately metered for electricity and gas while the owner pays for water and trash. This arrangement not only limits the investor’s utility costs, but also encourages conservation among tenants, enhancing the property's appeal. An additional highlight is the onsite laundry room, and although currently closed, presents a lucrative opportunity for added income for the next investor. The property stands out with a remarkable 40% upside in rental rates, signaling great potential for growth in rental income.
Property Details
Additional Information
-
- City:
- South Gate
-
- County:
- Los Angeles
-
- Zip:
- 90280
-
- MLS® #:
- CV24034760
-
- Bedrooms:
- 8
-
- Bathrooms:
- 4
-
- Lot Size:
- 0.17
-
- Levels:
- Two
-
- Garages:
- 3
-
- HOA Dues:
- $
Price Change History for 9616 San Juan Avenue, South Gate, (MLS® #CV24034760)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of August 29th, 2024 at 12:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.