South Gate, CA 90280,8601 Chestnut Avenue
South Gate, CA 90280,8601 Chestnut Avenue
South Gate, CA 90280,8601 Chestnut Avenue
12
$875,000
$900,000
2.8%
Est.Price: ?

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6 BD

8601 Chestnut Avenue South Gate, CA 90280

Est. payment /mo
SOLD DATE : 11/07/2024

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Key Details

Sold Price $875,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24118340

Bedrooms 6

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

Zoning Public Rec

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by WILLIAM BARKER WILLIAM BARKER REAL ESTATE
Bought with Judy Sarinana Century 21 A Better Service

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Dave Dennis

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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