High Development Potential:NM Zoning: Offers flexibility in development options, allowing for up to 6 units (SFR, attached/detached, duplexes, triplexes, quadplexes). ADU Potential: According to the city the ability to add two ADUs (1000 sq ft and 500 sq ft) to the existing 3-bedroom unit significantly increases the property's income potential. Underpriced for a Quick Sale: This presents a potential for significant profit if the property is renovated and/or redeveloped. The approximately 1500 sq ft warehouse provides additional income potential or flexibility for future development plans. Plenty of Parking: Existing parking infrastructure reduces the need for additional development costs in this area. Currently separated structure exist which house 3 laundry room for the units.
DAYS ON MARKET
|
1
|
LAST UPDATED
|
1/29/2025
|
YEAR BUILT
|
1949
|
COMMUNITY
|
South Gate E of 710
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
AIR |
Central Air |
AIR CONDITIONING |
Yes |
AMENITIES |
Outdoor Cooking Area, Playground |
AREA |
South Gate E of 710 |
GARAGE |
Yes |
HEAT |
Central |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Down |
LOT |
0.34 acre(s) |
LOT DESCRIPTION |
2-5 Units/Acre |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
WATER |
Public |
ZONING |
SGM2-R3* |
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Listed with Re/Max Property Connection
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/30/25 6:04 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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