CA > South Gate
South Gate, CA 90280,8601 Chestnut AVE
South Gate, CA 90280,8601 Chestnut AVE
South Gate, CA 90280,8601 Chestnut AVE
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$900,000
Est. payment /mo
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2,668 SqFt
Pending

8601 Chestnut AVE South Gate, CA 90280

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Nicole Parent

Nicole Parent

+1(559) 930-7171

UPDATED:

11/01/2024 04:11 AM

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 CV24118340

Construction Status Fixer

HOA Y/N No

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

Area T4 - South Gate E Of 710

Zoning SGR3YY

Rooms

Ensuite Laundry None

Interior

Interior Features Laminate Counters, Unfurnished

Laundry Location None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Asphalt, Driveway, Paved

Fence Chain Link

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Rolled/Hot Mop

Accessibility None

Parking Type Asphalt, Driveway, Paved

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6204015034

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard, Trust

California Regional MLS (CRMLS)
Listed by WILLIAM BARKER • WILLIAM BARKER REAL ESTATE • 714-267-4278

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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8601 Chestnut AVE