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Key Details
Sold Price $1,135,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,382 sqft
Price per Sqft $335
MLS Listing ID SW24103282
Sold Date 12/06/24
Bedrooms 9
Full Baths 6
HOA Y/N No
Year Built 1924
Lot Size 7,183 Sqft
Property Description
BACK ON MARKET - buyer could not perform.
This unique triplex, nestled in the heart of South Gate, offers an excellent investment opportunity or a versatile living arrangement. The property features three distinct units, each with its own entrance and garage space, ensuring privacy and convenience. This meticulously maintained triplex makes it an excellent opportunity for investors or multi-generational families. Live in one and rent out the others, or keep the long term month to month tenants and make it a profitable investment right away. No rent control area. Tenant Occupied. 24 hr notice for showings minimum.
The three units feature a spacious and bright living area, a modern kitchen equipped with stainless steel appliances and granite countertops, and a dedicated dining area. The master bedroom includes an en-suite bathroom and a closet. The additional two bedrooms are generously sized, perfect for children or guests. The unit also boasts a mix of carpet hardwood floors and tile, central air conditioning, and a patio for outdoor enjoyment.
Current Month to Month Tenant Rents:
- $2,100 3 bed 2 bath.
- $1,750 3 bed 2 bath.
- $1,700 3 bed 2 bath.
Market rents:
- $3,100-$3,800 3 bed 2 bath.
Location
State CA
County Los Angeles
Area T4 - South Gate E Of 710
Zoning SGR3*
Rooms
Main Level Bedrooms 9
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Park
Utilities Available Sewer Not Available
View Y/N No
View None
Attached Garage No
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One,Two
Sewer None
Water Public
Level or Stories One, Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6208021005
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, VA Loan
Financing FHA
Special Listing Condition Standard, Trust
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Bought with Scott Degnan • Jason Mitchell Real Estate CA