3355 Independence Avenue, South Gate, CA 90280

$2,875,000
List Price
$2,875,000
Price Change
▼ $110,000 1707537566
Status
ACTIVE
MLS#
DW23161883
Year Built
1948
Lot Size
17,396
Acres
0.40
Lot Location
Level
Days on Market
264
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Just Reduced $325,000 13.36 Actual GRM. Many units at Market rent. Recently upgraded 3 units. Seller is motvated. Discover a hidden gem in South Gate - 12 garden-style apartment units offering a nice mix of six 1 bedroom, 1 bath layouts and six cozy studios. Property comes with rare 12 convenient garage spaces. Also has two utility rooms that could possibly be converted into laundry rooms. Located near schools and shopping centers. This property not only promises convenience but also captivates people with its charming exterior.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition
Garage Spaces Total
12
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
12
Gross Scheduled Income
$215,196
Operating Expense
48048

Listing courtesy of Listing Agent: Edwin Huber (EdwinJC@aol.com) from Listing Office: Century 21 Peak.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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.