Additional details
$995,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25020697
Originating Board California Regional MLS
Year Built 1949
Lot Size 0.343 Acres
Property Sub-Type Triplex
Property Description
High Development Potential:NM Zoning: Offers flexibility in development options, allowing for up to 6 units (SFR, attached/detached, duplexes, triplexes, quadplexes). ADU Potential: According to the city the ability to add two ADUs 1000 a new ADU in place of the two units in the back (The current units are vacant and must be demolished) and 500 sqft added to the front 3 bedroom unit significantly increases the property's income potential. Underpriced for a Quick Sale: This presents a potential for significant profit if the property is renovated and/or redeveloped. The approximately 2000 sq ft warehouse provides additional income potential or flexibility for future development plans. Plenty of Parking: Existing parking infrastructure reduces the need for additional development costs in this area. Currently separated structure exist which house one laundry room and storage rooms for the unkits.
Location
State CA
County Los Angeles
Area T4 - South Gate E Of 710
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, Other
Exterior
Garage Spaces 5.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 6234008058
Special Listing Condition Not Applicable
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Listed by Alec Javanshiri • Re/Max Property Connection