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10615 Elizabeth Avenue

South Gate, CA 90280
  • $999,000
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • MLS #: PW24222900
Under Contract
UPDATED: 61 min ago
$999,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Sarah Miller of LPT Realty, Inc (877-366-2213)


Description

Discover this stunning South Gate quadplex at 10613-10615 Elizabeth, a true gem blending charm and practicality. Three of the units are charming 1-bedroom, 1-bath layouts, each featuring their own private garage for ultimate convenience. The centerpiece is the spacious, stand-alone 3-bedroom, 2-bath main house, complete with vaulted ceilings, an airy floor plan, and an attached 2-car garage " perfect for an owner-occupant or a high demand premium rental! This property offers the best of both worlds: steady income potential with room to enjoy as your own. Don't miss out on this rare, versatile property in a prime location! Nestled in a vibrant community, this property offers unbeatable convenience: just minutes from major freeways, easy access to the Metro line for commuters, and surrounded by excellent schools, parks, shopping, and dining. With South Gates diverse amenities and a blend of charm and practicality, this is the perfect opportunity for steady income potential or multi-generational living. Dont miss your chance to own in one of the areas most sought-after neighborhoods! Property zoned Multi Family and according to the city of South Gate two more ADU units can be added and garages can be converted for more income potential. Brand new roofs on main house and 3 apartments.3-1 BEDROOM UNITS WILL BE OCCUPIED.1-3-BEDROOM UNIT WILL BE DELIVERED VACANT

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T00:26:01.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157599022
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10615 Elizabeth Avenue South Gate, CA 90280

  • Price: $999,000
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 61 min ago
  • MLS #: PW24222900
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1948
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Discover this stunning South Gate quadplex at 10613-10615 Elizabeth, a true gem blending charm and practicality. Three of the units are charming 1-bedroom, 1-bath layouts, each featuring their own private garage for ultimate convenience. The centerpiece is the spacious, stand-alone 3-bedroom, 2-bath main house, complete with vaulted ceilings, an airy floor plan, and an attached 2-car garage " perfect for an owner-occupant or a high demand premium rental! This property offers the best of both worlds: steady income potential with room to enjoy as your own. Don't miss out on this rare, versatile property in a prime location! Nestled in a vibrant community, this property offers unbeatable convenience: just minutes from major freeways, easy access to the Metro line for commuters, and surrounded by excellent schools, parks, shopping, and dining. With South Gates diverse amenities and a blend of charm and practicality, this is the perfect opportunity for steady income potential or multi-generational living. Dont miss your chance to own in one of the areas most sought-after neighborhoods! Property zoned Multi Family and according to the city of South Gate two more ADU units can be added and garages can be converted for more income potential. Brand new roofs on main house and 3 apartments.3-1 BEDROOM UNITS WILL BE OCCUPIED.1-3-BEDROOM UNIT WILL BE DELIVERED VACANT
Exterior Features

Entry Level 1 Entry Location FRONT Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street Lights Electric Expense 6000 Fuel Expense 2200 Garage YN Yes Gross Income 120300 Gross Scheduled Income 0 Insurance Expense 2000 Land Lease YN No Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 120300 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 23700 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 12000 Trash Expense 8000 Water Sewer Expense 5500 Water Source Public Zoning SGR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T00:26:01.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Sarah Miller of LPT Realty, Inc (877-366-2213)