8601 Chestnut Avenue Pending

South Gate,CA 90280

$ 900000

- Bed

- Bath

2668 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,668 sqft

Price per Sqft $337

MLS Listing ID CRCV24118340

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

Interior

Cooling No Air Conditioning

Laundry No Hookups

Exterior

View None

Building

Lot Description Corner Lot,Other

Water Public

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