$875,000
$900,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
8601 Chestnut Avenue South Gate, CA 90280
6 Beds
4 Baths
Key Details
Sold Price $875,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24118340
Bedrooms 6
Property Description
Don't miss this great investment opportunity located on a corner location in the city of South Gate. The building consists of two 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units. The building has an unused room that previously was used as a laundry room. This can be converted back fairly easily to increase revenue. The parking is open on the side and in the back of the building with plenty of room for at least 6 cars. The current rents are under market due to the Covid restrictions but are being increased to try to get them to market rate. A little work and updating can make this into great investment.
Location
State CA
County Los Angeles
Zoning Public Rec
Exterior
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Read Less
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Bought with Judy Sarinana Century 21 A Better Service
