2813 Independence Avenue South Gate, CA ^$ 949,950

2813 Independence Avenue

^$ 949,950

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2813 Independence Avenue

South Gate, CA, 90280

^$ 949,950

Bedrooms6 Baths1.0 Sq 2,475

Monthly Estimate*

^$ 6,314

Listed by 24 Hour Real Estate

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Multi-Family Home for sale in South Gate, CA

for $949,950 with 6 bedrooms and 1 full bath. This 2,475 square foot home was built in 1964 on a lot size of 0.118.

Boasting over 40 years of exclusive ownership, this prized triplex in South Gate offers a premium homesite, countless improvements, and outstanding investment and income opportunities. The front building is a two-story duplex (Units A & B) with two spacious two-bedroom, one-bath units. The rear building (Unit C) is a two-bedroom-one bath unit.

Multi-Family Pending

Price

^$ 949,950

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.118

Year Built

1964

Town/City

South Gate

County/Region

Los Angeles

MLS | Web ID

DW24034785

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Zoning SGR3YY

Garage Spaces 2.0

Pool Features None

Year Built 1964

Property SubType Apartment

Gross Income 86400.0

Community Features Suburban

County Los Angeles

Net Operating Income 62026.0

Operating Expense 24374.0

Insurance Expense 3000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions N/ Firestone Blvd E/ Long Beach Blvd

City South Gate

Disclosures ManufacturedHomesAllowed

Entry Location 1

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

MLS Area T2 - Cudahy SouthGate W of 710 HuntPk S of Flore

Lot Size Units SquareFeet

Lot Size Square Feet 5139.0

Private Pool N

Waterfront Y/N N

Carport Spaces 3.0

Carport Y/N Y

Number of Units Leased 0

Street Name Independence

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FHA

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 3000.0

Water Sewer Expense 3000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 6

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 136

Virtual Tour https://youtu.be/gwllT1YZbVY?si=O1A_unLDAP13D4ad

Total Actual Rent 0.0

Property Sub Type Additional Apartment

Taxes 11874.0

Cap Rate 6.53

Exterior

Parking Features Carport Garage

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 5.0

Lot Size Area 5139.0

Number of Buildings 2

Spa N

Building Area Total 2475.0

Street Suffix Avenue

Lot Size Acres 0.118

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Laundry Features CommonArea WasherHookup GasDryerHookup Outside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2813

* Excluded Features

List By

24 Hour Real Estate

Broker

(562) 382-1230

Phone

Affordability Calculator

$6,314

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in South Gate, CA

Average List Price ^$1,132,363

Percent of Sale Price 19%

About South Gate, CA

96,039 Population

0% Since 2002

^$46,897 Median Income

32.36 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/8/2024	$949,950		Listed Price

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2813 Independence Avenue, South Gate, CA, 90280 is a Multi-Family Home for sale at $949,950 with 2,475 sqft and a lot size of 0.118. 2813 Independence Avenue has 6 bedrooms, 1.0 baths, and was built in 1964. The property's zip code is 90280 which is in South Gate, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2813 Independence Avenue

Multi-Family Home for sale in South Gate, CA

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