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8950 Burke Avenue, South Gate, CA 90280

6 Bed, 4 Bath Multi-Family Home For Sale

8950 Burke Avenue, South Gate, CA 90280 House For Sale - MLS #15929335
Under Agreement
$639,000
6
4
Multi-Family
4 Family
This listing is courtesy of David Harrington from Delson/Norris.

Property Description for 8950 Burke Avenue, South Gate, CA 90280

Buyer to be responsible for repair items in City of South Gate Pre-Sale Report. This property is walkable to South Gate Park off of Southern Ave. South Gate Park is a tremendous amenity that includes several baseball and soccer fields. There is also a skate park, basketball courts, par-3 golf course, and a batting cage. The building itself is a four-unit apartment complex, a two-story, walkup-style building that sits on a 5,108 sq. ft. lot. 50% of the units are two bedrooms. The property has three open parking spaces and four covered parking spaces in the back section of the lot. The building was built in 1949 and is ripe for a new value add Buyer. There is no rent control in the City of South Gate thus eased ability to capture the income potential of this asset.The building is located just south of Firestone Blvd. and is walking distance to The newer Azalea Shopping Center, which includes a Walmart, CVS, and many other shops

Interior Details

2,353 sq. ft.
$271.57/sq. ft.
Other

Exterior Details

0.12 acres
5,109 sq. ft.
6

Other Details

15929335
1949

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,100     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $950     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,300     

Unit #4
Bedrooms: 1      Full / Half Baths: 1      Rent: $950     

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Town Description

The South Gate area was inhabited by the Gabrielino/Tongva Indians before development by Spanish ranchers. Spaniards have been living in this area of California since the mid-16th century. Among the...

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