7
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$2,295,000
Est. payment /mo
10 Beds
10 Baths
5,354 SqFt
Price Dropped by $100K
9711 Salt Lake AVE South Gate, CA 90280
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,354 sqft
Price per Sqft $428
MLS Listing ID 26663731
Bedrooms 10
HOA Y/N No
Year Built 1950
Lot Size 0.346 Acres
Property 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.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 10
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6222037013
Special Listing Condition Standard
Listed by Enrique Viramontes Remax Commercial and Investment Realty #01372010
Nearby Locations
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