9828 State Street, South Gate, CA 90280
- $1,950,000
- 12
- BD
- 6
- BA
- 5,024
- SqFt
- List Price
- $1,950,000
- Status
- ACTIVE
- MLS#
- 23251537
- Year Built
- 1953
- Bedrooms
- 12
- Bathrooms
- 6
- Living Sq. Ft
- 5,024
- Lot Size
- 7,275
- Acres
- 0.17
- Days on Market
- 4
- Property Type
- Multifamily
Property Description
9828 State St is a 6-unit apartment building located in the heart of South Gate offering the opportunity to own a property receiving good rental income and not subject to any local rent control ordinances. Conveniently located just a few short blocks from Long Beach Blvd and Tweedy Blvd, and just a few miles from the 105, 110 and 710 Freeways, this is an opportunity for an investor to own a property in a high demand rental market with strong growth potential. The 5,052 sq ft building sits on a 7,275 sq ft lot and boasts an ideal unit mix of six (6) 2 bed/1 bath units. The main roof was replaced less than ten years ago, while the garage roof was replaced just two years ago. Copper plumbing to the main line and upgraded electrical panels have all been installed within the last 5 years. Several of the units have undergone extensive remodeling. Five car garage parking services the property, accessible through an alleyway in the rear of the parcel.
/u.realgeeks.media/josueramonhomes/excellence_premier_logo.jpg){kind=logo}
Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 6
Listing courtesy of Listing Agent: Daniel Shieh (daniel@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.