5595 Gardendale Street, South Gate, CA 90280

$1,395,000
List Price
$1,395,000
Status
ACTIVE
MLS#
OC21243010
Year Built
1949
Lot Size
14,925
Acres
0.34
Lot Location
Item25UnitsAcre
Days on Market
28
Property Type
Multifamily
Stories
One Level

Property Description

Investor or builders opportunity in Southgate. The possibilities are endless on this one, live in one and make additional income on the other two unites. Over 14000 SQFT lot. A great triplex plus an approximately 1500 SQFT warehouse in the back. The warehouse is not being used at this time and is vacant. New city zoning allows up to six units built. New tankless water heater and some new plumbing. Plenty of parking space and playground. Added value opportunity for proper magemnet and use of the warehouse is the key. All tenants are month to month and wiling to stay. Back warehouse was a dance studio in the past and the has endless opportunity for use.

Additional Information

Association Amenities
OutdoorCookingArea, Playground
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$66,000
Operating Expense
21904

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Alec Javanshiri from Re/Max Property Connection

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.