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$ 2,390,000
Est. payment | /mo
13 Beds
12 Baths
5,362 SqFt
$ 2,390,000
Est. payment | /mo
13 Beds
12 Baths
5,362 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 5,362 sqft
Price per Sqft $445
MLS Listing ID 25589119
Bedrooms 13
HOA Y/N No
Year Built 1959
Lot Size 8,319 Sqft
Property Description
This 12-unit multifamily community, ideally situated in the City of South Gate, offers investors a compelling opportunity in a strong rental market. 10348 California Ave is not subject to any city rent control and is subject only to AB 1482 statewide regulations, allowing for flexibility in managing rental growth. The property offers an attractive unit mix of eleven (11) one-bedroom apartments and one (1) two-bedroom apartment. Residents benefit from onsite gated parking and the building's excellent location along California Avenue, a desirable pocket within South Gate. With significant and achievable upside in rental income, this property presents both immediate stability and long-term value-add potential for discerning investors.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGCR*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 12
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6223002004
Special Listing Condition Standard
Listed by Enrique Viramontes Remax Commercial and Investment Realty
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Mitch Stein
Partner | Lic# DRE# 02081632