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2730 Southern Ave
South Gate, CA 90280
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Lot Size | 0.12 AC | Parking Ratio | 2.82/1,000 SF |
| Building Size | 1,774 SF | ||
| Zoning | SGR3YY | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 1,774 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 2.82/1,000 SF |
| Zoning | SGR3YY |
ABOUT 2730 SOUTHERN AVE , SOUTH GATE, CA 90280
Marcus & Millichap is pleased to present to market 2730 Southern Avenue, a four-unit apartment building in South Gate, California. This offering presents an excellent value-add opportunity with 21 percent potential upside in rents. 2730 Southern Avenue consists of a 1947 construction building with three studios and one one-bedroom/one-bath unit. The units are separately metered for gas and electricity, and the one-bedroom features in-unit laundry. The property also offers five parking spaces. The property is located across from a park near the intersection of Southern Avenue and Truba Avenue. This area is a majority-renter market with no rent control and consistently low vacancy rates.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | $1,048 | - |
| 1+1 | 1 | $1,425 | - |
PROPERTY TAXES
| Parcel Number | 6205-002-004 | Improvements Assessment | $431,988 |
| Land Assessment | $382,774 | Total Assessment | $814,762 |
PROPERTY TAXES
