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$900,000
6 bed
4 bath
0 Sqft
4,813 Sqft lot

8601 Chestnut Avenue, South Gate, California 90280

  • Residential Income Property Type
  • 25 Days Time on market
  • 1958 Year Built
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.

Basic Details
Residential Income
Buy
CV24118340
$900,000
6
4
0 Sqft
1958
4,813 Sqft
Pending
Quadruplex
Multi-family
Features
: Chain Link
: Midcenturymodern
: Sidewalks
6
$0
: Rolled/hot Mop
: Public Sewer
Address
CA
Los Angeles
South Gate
90280
8601 Chestnut Avenue
8601
Avenue
0
W119° 46' 52''
N33° 57' 30.4''
Additional Information
25
1
2
2
: Two
1
0
2,668 Sqft
1
0 Sqft
0 Sqft
: Laminate Counters, Unfurnished
0.11 Sqft
4,813 Sqft
1
: 2+ Common Walls, End Unit
0 Sqft
SGR3YY
6204015034
$0
$0
$0
$4,660
1
$2,160
$0
0 Sqft
1
0 Sqft
$0
1
01/07/2024
20/08/2024 00:00:00
$0
: Standard, Trust
Cash,CashtoNewLoan
710 to Firestone (W) to Chestnut (N). Building is on the corner of Chestnut and Ardmore on the left.
WILLIAM BARKER REAL ESTATE
WILLIAM BARKER
52590
C11709
$0
: Stucco
21
: Electricityonproperty
1
: Streetlevel, Corner Lot
1
: Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected
1
: Square Feet
yes
1
4
4
1
4
Fixer
1
130
0
US-06037-N-6204015034-R-N
Quadruplex
11/06/2024 00:17:24
Chestnut
T4 - South Gate E of 710
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