9800 Madison Ave | South Gate, CA 90280
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- LoopNet Team
9800 Madison Ave
South Gate, CA 90280
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Tremendous Value Add Opportunity – Each unit has major rent upside
- Walk Score® - 88: Prime Rental Location, only a short walk from Downtown South Gate
- Unit Mix: (1) 2 Bed/2 Bath House w/ a Garage, (1) 2 Bed/1 Bath Unit, (3) 1 Bed/1 Bath Units
- Large Lot (8,559 SF) with SGR3 Medium Density Zoning
- Over (10) Schools within a 1 mile radius of the property
- All (5) Units are Single Level
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,180 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1946 |
| Building Class | C | Parking Ratio | 0.31/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | SGR3 - Limited Density Multiple Residence | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,180 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1946 |
| Parking Ratio | 0.31/1,000 SF |
| Zoning | SGR3 - Limited Density Multiple Residence |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | $1,450 | 1,000 |
| 2+1 | 1 | $1,000 | 525 |
| 1+1 | 3 | $1,388 | 525 - 600 |
PROPERTY TAXES
| Parcel Number | 6206-027-006 | Improvements Assessment | $719,100 |
| Land Assessment | $637,500 | Total Assessment | $1,356,600 |
PROPERTY TAXES
Parcel Number
6206-027-006
Land Assessment
$637,500
Improvements Assessment
$719,100
Total Assessment
$1,356,600
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