9512 San Luis Ave
South Gate, CA 90280
10 Units Apartment - Huge Upside in Rent · Multifamily Property For Sale
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10 Units
Property Facts
| No. Units | 10 | Building Size | 6,305 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R3, South Gate | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,305 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | R3, South Gate |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Tile Floors
- Kitchen
- Double Pane Windows
About 9512 SAN LUIS AVE , SOUTH GATE, CA 90280
Large 2 story 10 Unit Apartment Complex with Very attractive unit mix with 1 unit - 3 Bedroom, 9 units - 2 Bedroom. This is an extremely rare investment offers. Great cash flow. HUGE potential upside in Rent with all units (over 25% upside in rent. Stabilized CAP Rate is over 6.00%). All units are individually metered for electricity and gas. Assigned parking space for all units. Half of units have newer windows and tile flooring. Re-pipe main water lines with copper plumbing and upgrade central water heater to commercial grade in 2015. Rents are currently below market with significant upside in this Non-Rent Control area. ** DRIVE BY ONLY. DO NOT DISTURB TENANTS, THEY ARE NOT AWARE THE SALE. Please TEXT listing agent for Any questions. Conveniently located near the 710 Freeway. Several major shopping centers, Great dining, and retail stores in close proximity.
Property Taxes
| Parcel Number | 6203-013-003 | Improvements Assessment | $1,617,500 |
| Land Assessment | $725,085 | Total Assessment | $2,342,585 |
Property Taxes
