9411 Madison Avenue, South Gate, CA 90280
List Price: $1.1M
Listing Status: ActiveUnderContract
0Days on Market: 35
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1944
Lot Size: 6,821 sq ft
Garage Spaces: 4
Private Pool: Yes
MLS Number: TR26062210
About This Property
9411 Madison Ave is located on a beautiful tree lined street, 1.4 miles north of the 105 Freeway and 2.5 miles west of the 710 Freeway. It is located near shopping centers, schools, parks and recreational centers. Excellent property for investors and/or owner occupants. This is a rare, non-city-rent-controlled, 4-unit property. Built in 1944 and kept in great condition, the apartments are situated on an expansive corner lot with ±6,821 square foot of area. The units comprise of a total building construction of ±3,641 square feet. The property offers an excellent unit mix of three, two-bedroom/one-bathroom, and one three-bedroom/one-bathroom units, averaging 910 square feet. It also features 4 single car garages, mature landscaping, and newer exterior paint. Call for additional information. CAP rate and GRM has been calculated with present rental income. There is still plenty of upside potential.
Listing provided by: Alfonso Tautimez DRE #01111770 626-826-9398 cb1alt@aol.com, Premier Properties
Source: CRMLS, MLS #: TR26062210
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.