3220 Tecumseh Ave - Multi-Family FOR SALE


South Gate, CA 90280
$1,400,000 USD
213-233-4363
3220 Tecumseh Ave, South Gate, CA for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/10
null | 5.77% Cap Rate

3220 Tecumseh Ave
South Gate, CA 90280


HIGHLIGHTS

  • Located in the City of South Gate | No City Rent Control | AB 1482 Rent Caps
  • ADU Potential from Large Lot and Onsite Garage Parking
  • Attractive Mix of Mostly Single Story Two Bedroom Units
  • Long Term Tenants
  • Walk Score of 85!
  • Conveniently Located Near Plaza Mexico and the 105 Freeway

OVERVIEW

Presenting an exceptional multifamily investment opportunity in the City of South Gate. The property features an attractive mix of predominantly single-story, two-bedroom units, each enhanced with recently renovated kitchens. With no local rent control and only AB 1482 rent caps, investors benefit from favorable operating conditions. The asset’s large lot and onsite garage parking offers potential investors future ADU development possibilities. Boasting a Walk Score of 85, residents enjoy convenient access to Plaza Mexico, the 105 Freeway, and a variety of nearby amenities, making this a desirable and well-located asset.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$364 USD /SF

# OF UNITS

5

PRICE/UNIT

$280,000

CAP RATE

5.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,381 SF

ZONING

SGR3

APN/PARCEL ID

6207-027-004

ASK ABOUT THIS PROPERTY

Enrique ViramontesRE/MAX Commercial & Investment RealtyMore Info
213-233-4363

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Enrique ViramontesRE/MAX Commercial & Investment RealtyMore Info
213-233-4363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.