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    8615 State Street

    South Gate, CA 90280
    • $564,800
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: DW20150859
    UPDATED: 51 min ago
    $564,800
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,554
      SQFT
    • $363
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Welcome to 8615 State St in the City of South Gate. Here is the investment opportunity you have been waiting for all year! This mixed use duplex is comprised of 1) a storefront retail unit with its own bathroom (plenty of space to add a shower) along with 2) a 2nd residential unit with 2 bedrooms & a bonus room (previously used as a 3rd bedroom) & 1 full bath. This is your opportunity to start the business you have always wanted OR expand your current business to another location OR live in the rear residential unit and enjoy the cash flow from the currently rented retail space. The opportunities with this unique property don't end here....DEVELOPMENT OPPORTUNITY as Property is zoned SGCR.* Due to the current zoning, the property's unique location, lot size etc. the City of South Gate may allow an owner to build anywhere from 2 to 4 units (Buyer to verify buildability details etc with the City). The Residential unit is quite spacious w a separate living room, dining room, galley kitchen, indoor laundry room & 2 spacious bedrooms...3rd room was last used as a bedroom. Huge backyard just waiting for a new owner to transform this open space to build units, park tons of cars, an RV or design your very own garden oasis...Excellent location. Close to several parks & schools. Steps away from several Metro bus lines & has a WalkScore+- of 78 (Very Walkable). This property can qualify for FHA financing. Please ask the listing agent for additional info re fha financing.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T13:30:42.297. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

    www.americanrealestatehomes.com/homes/108515225
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    8615 State Street South Gate, CA 90280

    • Price: $564,800
    • Status: Active
    • Updated: 51 min ago
    • ID#: DW20150859
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,554
    SQFT
    $363
    $/SQFT
    1928
    Built
    Neighborhood:
    T4 - South Gate E of 710
    County:
    Los Angeles
    Area:
    T4 - South Gate E of 710
    Property Description
    Welcome to 8615 State St in the City of South Gate. Here is the investment opportunity you have been waiting for all year! This mixed use duplex is comprised of 1) a storefront retail unit with its own bathroom (plenty of space to add a shower) along with 2) a 2nd residential unit with 2 bedrooms & a bonus room (previously used as a 3rd bedroom) & 1 full bath. This is your opportunity to start the business you have always wanted OR expand your current business to another location OR live in the rear residential unit and enjoy the cash flow from the currently rented retail space. The opportunities with this unique property don't end here....DEVELOPMENT OPPORTUNITY as Property is zoned SGCR.* Due to the current zoning, the property's unique location, lot size etc. the City of South Gate may allow an owner to build anywhere from 2 to 4 units (Buyer to verify buildability details etc with the City). The Residential unit is quite spacious w a separate living room, dining room, galley kitchen, indoor laundry room & 2 spacious bedrooms...3rd room was last used as a bedroom. Huge backyard just waiting for a new owner to transform this open space to build units, park tons of cars, an RV or design your very own garden oasis...Excellent location. Close to several parks & schools. Steps away from several Metro bus lines & has a WalkScore+- of 78 (Very Walkable). This property can qualify for FHA financing. Please ask the listing agent for additional info re fha financing.
    Exterior Features

    Carport Spaces 0.00 Fence YN Yes Fencing BlockWood Lot Features Back YardLevel With StreetRectangular LotNear Public TransitPark NearbyYard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 7.00 Uncovered Spaces 7.00

    Interior Features

    Condo Area Units Square Feet Laundry Features Individual RoomInside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Current Financing Fha Land Use Multi-FamilyOfficeRetail Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 1 Property Sub Type Mixed Use Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Water Source Other

    Listing provided courtesy of Jennifer Avellan of Keller Williams Sela


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T13:30:42.297. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

     
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