See all 12 photos

$875,000

$900,000 2.8%

Est. payment - /mo

4,813 Sqft Lot

Sold on 11/07/2024

8601 Chestnut AVE South Gate, CA 90280

GET MORE INFORMATION

Michael J. Lofton

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

UPDATED:

Key Details

Sold Price $875,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24118340

Sold Date 11/07/24

Construction Status Fixer

HOA Y/N No

Year Built 1958

Lot Size 4,813 Sqft

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

Area T4 - South Gate E Of 710

Zoning SGR3YY

Rooms

Ensuite Laundry None

Interior

Interior Features Laminate Counters, Unfurnished

Laundry Location None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Asphalt, Driveway, Paved

Fence Chain Link

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Rolled/Hot Mop

Accessibility None

Parking Type Asphalt, Driveway, Paved

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6204015034

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard, Trust

California Regional MLS (CRMLS)

Listed by WILLIAM BARKER • WILLIAM BARKER REAL ESTATE • 714-267-4278
Bought with Judy Sarinana • Century 21 A Better Service

GET MORE INFORMATION

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

FEATURED LISTINGS

5437 Noble AVE, Sherman Oaks, CA 91411

5437 Noble AVE, Sherman Oaks, CA 91411

$2,695,000

4 Beds4 Baths2,832 SqFt

Open Sat 1PM-4PM

Single Family Home

Listed by Joey Rockenstein of Coldwell Banker Realty

9820 Kincardine AVE, Los Angeles, CA 90034

9820 Kincardine AVE, Los Angeles, CA 90034

$5,890,000

6 Beds8 Baths5,341 SqFt

Open Sun 1PM-4PM

Single Family Home

Listed by Jimmy Heckenberg of Rodeo Realty

2330 W 30TH ST, Los Angeles, CA 90018

2330 W 30TH ST, Los Angeles, CA 90018

$1,425,000

4 Beds3 Baths1,893 SqFt

Open Sat 1PM-4PM

Single Family Home

Listed by Ari Wintraub of Sotheby's International Realty

9988 Reevesbury DR, Beverly Hills, CA 90210

9988 Reevesbury DR, Beverly Hills, CA 90210

$1,698,000

5 Beds4 Baths4,357 SqFt

Open Sun 1PM-4PM

Single Family Home

Listed by Jimmy Heckenberg of Rodeo Realty

5204 Bedford AVE, Los Angeles, CA 90056

5204 Bedford AVE, Los Angeles, CA 90056

$2,195,000

6 Beds4 Baths4,300 SqFt

Open Sun 1PM-4PM

Single Family Home

Listed by Kevin Towner of Compass

5851 Friends AVE, Whittier, CA 90601

5851 Friends AVE, Whittier, CA 90601

$1,795,000

6 Beds6 Baths4,499 SqFt

Open Sat 1PM-4PM

Multi-Family

Listed by Cassie Corsaro of Nest Seekers

QUICK SEARCH

Homes For Sale in San Diego, CA