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9711 Salt Lake Avenue, South Gate, CA 90280
Priced at Only: $2,395,000
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Address: 9711 Salt Lake Avenue, South Gate, CA 90280
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  • MLS#: 26663731 ( )
  • Street Address: 9711 Salt Lake Avenue
  • Viewed: 9
  • Price: $2,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 38
  • Additional Information
  • County: LOS ANGELES
  • City: South Gate
  • Zipcode: 90280
  • Provided by: Remax Commercial and Investment Realty
  • Contact: Enrique Enrique
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located in the heart of South Gate, 9711 Salt Lake Avenue presents an attractive investment opportunity featuring a well maintained 10 unit apartment community situated on a 15,071 square foot lot. The property consists of three separate single story residential structures, creating a comfortable, low density layout that appeals to tenants seeking privacy and ease of access.Comprised entirely of one bedroom/one bath units, each apartment is separately metered for gas and electricity, enhancing the property's overall cash flow potential. The property also offers assigned onsite parking for each unit, a valuable amenity in this high demand rental market.The property benefits from its central location within South Gate, providing convenient access to nearby retail centers, dining, and recreational amenities. Residents enjoy proximity to shopping destinations such as Azalea Regional Shopping Center, which features national retailers, grocery stores, restaurants, and entertainment options. Outdoor recreation and community events are easily accessible at South Gate Park, one of the largest parks in the area, offering sports fields, walking paths, and family friendly amenities. Additionally, cultural dining, shopping, and entertainment can be found nearby at Plaza Mexico.
Features
Building Area Total
  1. 5354.00
Cooling
  1. None
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. One
Netoperatingincome
  1. 127757.00
Parcel Number
  1. 6222037013
Parking Features
  1. Assigned
Sourcesystemkey
  1. 26663731:CLAW
Totalexpenses
  1. 76234.00
Year Built
  1. 1950
Zoning
  1. SGR3YY
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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