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Key Details
Sold Price $745,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19188378
Sold Date 10/14/19
HOA Y/N No
Year Built 1947
Lot Size 5,227 Sqft
Property Description
2730 Southern Avenue is a four-unit apartment building in South Gate, California. This offering presents an excellent value-add opportunity with 21 percent potential upside in rents.
2730 Southern Avenue consists of a 1947 construction building with three studios and one one-bedroom/one-bath unit. The units are separately metered for gas and electricity, and the one-bedroom features in-unit laundry. The property also offers five parking spaces.
The property is located across from a park near the intersection of Southern Avenue and Truba Avenue. This area is a majority-renter market with no rent control and consistently low vacancy rates.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGR3YY
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Urban
Total Parking Spaces 5
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6205002004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Ching Chen • WinMaster Realty Inc
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