8601 Chestnut Avenue
South Gate, CA 90280
- 6 beds
- – baths
- 2,668 sqft
- 4,813 sqft lot
- $327 per sqft
- 1958 build
- – on site
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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.
Last checked:
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Last updated Jan 27, 2025
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MLS# CRCV24118340 —
The Building
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Year Built:1958
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Building Area Units:Square Feet
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Construction Materials:Stucco
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Building Area Total:2668
Room Dimensions
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Living Area:2668
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Living Area Units:Square Feet
Location
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Directions:710 to Firestone (W) to Chestnut (N). Building is
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:6204015034
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Zoning:SGR3
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Lot Features:Corner Lot
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Lot Size Area:0.11
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Lot Size Acres:0.11
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Lot Size SqFt:4813
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Lot Size Units:Acres
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View:None
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View:false
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Fencing:Chain Link
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:5355.01
Beds
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Bedrooms Total:6
The Listing
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Listing Terms:Cash
Heating & Cooling
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Cooling:No Air Conditioning
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Laundry Features:No Hookups
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:6
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Parking Features:Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/7/24
Nov 7, 2024
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Sold | BRIDGE | $875,000 | -2.8% |
|
10/2/24
Oct 2, 2024
|
Pending | BRIDGE | $900,000 | |
|
9/17/24
Sep 17, 2024
|
Relisted | BRIDGE | $900,000 |
