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$895,000
Est. payment /mo
5,379 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25060082
HOA Y/N No
Year Built 1948
Lot Size 5,379 Sqft
Property Sub-Type Triplex
Property Description
Discover 2913 Illinois Ave, a charming triplex nestled in a picturesque, tree-lined residential neighborhood of South Gate, CA. Built in 1948, this well-maintained property exudes character and offers an excellent investment opportunity with stable rental income and room for upside potential.
The property features three spacious 1-bedroom, 1-bath units, each with its own private 1-car garage. Recent updates include a freshly painted Unit B with a brand-new wall air conditioner installed in 2024. Additional perks include three individual tankless water heaters, a fenced front yard, and extra storage space at the rear of the property.
For investors looking to maximize value, the lot presents an incredible opportunity to build two ADUs (buyer to verify), further enhancing rental income potential. Don't miss this chance to own a solid income-producing property in a desirable residential neighborhood!
The property features three spacious 1-bedroom, 1-bath units, each with its own private 1-car garage. Recent updates include a freshly painted Unit B with a brand-new wall air conditioner installed in 2024. Additional perks include three individual tankless water heaters, a fenced front yard, and extra storage space at the rear of the property.
For investors looking to maximize value, the lot presents an incredible opportunity to build two ADUs (buyer to verify), further enhancing rental income potential. Don't miss this chance to own a solid income-producing property in a desirable residential neighborhood!
Location
State CA
County Los Angeles
Area T4 - South Gate E Of 710
Zoning SGR3YY
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6206002003
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Jagmeet Singh • Keller Williams Sierra Madre • 626-272-5941