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3355 Independence Avenue

South Gate, CA 90280
  • $3,200,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: DW23161883
UPDATED: 65 min ago
$3,200,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
T4 - South Gate E of 710
Type:
Multi-Family
Built:
1948
County:
Los Angeles
Area:
T4 - South Gate E of 710

School Ratings & Info

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Listing Agent(s): Edwin Huber of Century 21 Peak (562-927-2626)


Description

Discover a hidden gem in South Gate - 12 garden-style apartment units offering a nice mix of six 1 bedroom, 1 bath layouts and six cozy studios. Property comes with rare 12 convenient garage spaces. Also has two utility rooms that could possibly be converted into laundry rooms. Located near schools and shopping centers. This property not only promises convenience but also captivates people with its charming exterior.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T08:28:35.237. 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/142918675
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3355 Independence Avenue South Gate, CA 90280

  • Price: $3,200,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 65 min ago
  • MLS #: DW23161883
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1948
Built
Neighborhood:
T4 - South Gate E of 710
County:
Los Angeles
Area:
T4 - South Gate E of 710
Property Description
Discover a hidden gem in South Gate - 12 garden-style apartment units offering a nice mix of six 1 bedroom, 1 bath layouts and six cozy studios. Property comes with rare 12 convenient garage spaces. Also has two utility rooms that could possibly be converted into laundry rooms. Located near schools and shopping centers. This property not only promises convenience but also captivates people with its charming exterior.
Exterior Features

Entry Level 1 Entry Location Front Lot Features Level Number Of Separate Electric Meters 12 Parking Features Garage Parking Total 12 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.18 Common Interest Community Apartment Community Features Suburban Fuel Expense 0 Garage YN Yes Gross Income 189480 Gross Scheduled Income 189480 Insurance Expense 2800 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 133775 New Construction YN No New Taxes Expense 40000 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 2 Operating Expense 55705 Other Expense 525 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 5686 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 3394 Water Source Public Zoning Sgr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T08:28:35.237. 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): Edwin Huber of Century 21 Peak (562-927-2626)