5214 Mccallum Avenue

South Gate, CA 90280
$1,950,000
0.29 acres | #PW24210857
Courtesy of Los Arcos R.E. and Prop Mgmt

Description

We are pleased to offer this 7-unit multi-family investment property exclusively for sale in the City of South Gate. The property offers three separate buildings on a 12,634-square-foot corner lot with great curb appeal. Each building is metered separately. Building one is a single-family home with three bedrooms and one bath. It has a two-car detached garage, front and back yard, and utility meters, where the tenant pays for water/trash, gas, and electricity. Building two is a duplex and each unit has one bedroom and one bath with an attached single-car garage for each unit, ample front yards, and unit A was rehabbed in 2021. Building three is a two-story fourplex with a small storage room and each unit is equipped with washer and dryer connections with tandem parking for two cars. The property is centrally located and within walking distance to South Gate Park, Tweedy Elementary School, Legacy Visual, Performing Arts High School, the Azalea Regional Shopping Center, and public transportation, and is nearby to the 710 and 105 freeways. Currently, the City of South Gate has no rent control making the property subject to AB 1482 Tenant Protection Act of 2019.

  • Property Details
      • Stories:2
      • Lot description:SixToTenUnitsAcre, CornerLot
      • Acres:0.29
      • Parking spaces:4
      • Property type:Multi-Family
      • Year built:1956
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • County:Los Angeles
      • Original List Price:$1, 950, 000
      • MLS #:PW24210857
      • Cost:1950000
      • Property subtype:MixedUse
      • MLS #:PW24210857

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00