8676 State Street South Gate, CA ^$ 699,800

8676 State Street

^$ 699,800

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8676 State Street

South Gate, CA, 90280

^$ 699,800

Bedrooms3 Baths2.0 Sq 2,013

Monthly Estimate*

^$ 4,651

Listed by Realty World Experts

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8676 State Street, South Gate, CA 90280 - Image 9

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8676 State Street, South Gate, CA 90280 - Image 11

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8676 State Street, South Gate, CA 90280 - Image 13

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8676 State Street, South Gate, CA 90280 - Image 18

Multi-Family Home for sale in South Gate, CA

for $699,800 with 3 bedrooms and 2 full baths. This 2,013 square foot home was built in 1942 on a lot size of 0.1285.

CASH or Hard Money Only, (FIXER) (Store front) 3 Units 1 bed/ 1 bath, with 3 single car garages. Property has a store front, per city may not be able to use as business due to the zoning change of 2015, zoning is NM/R2/R3 (CODE 11.55) no longer commercial mix/used (Small window for store front of 6 months from prior vacancy rule to put a similar business there, pet grooming, pet store something of the same nature, you have till April of this year to put a new License for business and for the city approval or can be residential with 15feet setback from property line. Property still boast of potential, to convert the garages to an ADU, possible rents $1,500 each unit. The property needs repairs, remodeling, new roof and more. Please refer to the city of South Gate for any other questions or concerns.

Multi-Family Pending

Price

^$ 699,800

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.1285

Year Built

1942

Town/City

South Gate

County/Region

Los Angeles

MLS | Web ID

DW24047294

Days on Market

Features

General

Sewer PublicSewer

Cooling None

Zoning SGCR*

Garage Spaces 3.0

Pool Features None

Exclusions Personal property

Year Built 1942

Tenant Pays CableTV Electricity Gas

Property SubType Triplex

Gross Income 72000.0

Community Features StreetLights

County Los Angeles

Net Operating Income 68150.0

Operating Expense 3850.0

Insurance Expense 2000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency NONE

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions Firestone blvd./State st.

City South Gate

Entry Location front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area T4 - South Gate E of 710

Lot Size Units SquareFeet

Lot Size Square Feet 5596.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name State

Listing Terms Cash Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 650.0

Water Sewer Expense 1200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 46

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 7

Property Sub Type Additional Triplex

Exterior

Parking Features DoorMulti Garage

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 3.0

Inclusions none

Lot Size Area 5596.0

Number of Buildings 3

Spa N

Building Area Total 2013.0

Lot Size Acres 0.1285

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 8676

* Excluded Features

List By

Realty World Experts

Broker

(562) 330-1516

Phone

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$4,651

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Monthly Principal & Interest: $4,651
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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 ^$1,144,062

Percent of Sale Price 63%

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	$699,800		Listed Price

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8676 State Street, South Gate, CA, 90280 is a Multi-Family Home for sale at $699,800 with 2,013 sqft and a lot size of 0.1285. 8676 State Street has 3 bedrooms, 2.0 baths, and was built in 1942. 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 6/5/2024. 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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8676 State Street

Multi-Family Home for sale in South Gate, CA

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