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2914 Iowa AVE South Gate, CA 90280
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Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24012996
Sold Date 03/11/24
HOA Y/N No
Year Built 1951
Lot Size 5,366 Sqft
Property Description
A rare gem in today's market, this amazing duplex in the sought-after area of South Gate presents a fantastic investment opportunity. Boasting two adjoining units, both fully remodeled, this property is a standout choice for savvy investors or families looking for a comfortable and convenient living space.
Key Features:
Each unit features a cozy gas fireplace, adding warmth and charm to the living spaces.
Enjoy the durability and easy maintenance of tile floors throughout both units.
Wood shutters provide a touch of elegance and privacy in each room.
Convenience at its best with dedicated laundry rooms in both Unit 1 and Unit 2.
Unit Configuration:
Unit 1: 2 bedrooms, 1 bath, 2 car garage with driveway.
Unit 2: 2 bedrooms, 1 bath, 1 car garage with driveway.
Versatile Living:
This duplex offers a wonderful opportunity for two families to live side by side, creating a sense of community and shared space. Alternatively, lease out one of the units for an additional income stream while enjoying the comfort of the other.
ADU Potential:
Explore the potential to maximize your investment by considering an Accessory Dwelling Unit (ADU) in the rear detached garage. This additional space could be transformed into a stylish and functional living area, providing even more flexibility and income-generating possibilities.
Location Highlights:
Situated in a great and quiet neighborhood, this property is centrally located, providing easy access to schools, regional parks, numerous shopping centers, and the 105/710 freeways. Plus, with LAX in close proximity, travel becomes a breeze.
Don't Miss Out:
Don't let this fantastic opportunity pass you by! Act now to secure your spot in this fully remodeled duplex with all the modern amenities. Schedule a showing today and discover the potential of this income-generating property, including the exciting prospect of an ADU in the rear detached garage.
Location
State CA
County Los Angeles
Area T4 - South Gate E Of 710
Zoning SGR3YY
Interior
Heating See Remarks
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry Inside
Exterior
Garage Direct Access, Driveway, Garage
Garage Spaces 3.0
Carport Spaces 2
Garage Description 3.0
Pool None
Community Features Sidewalks
Parking Type Direct Access, Driveway, Garage
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Yard
Faces North
Story 1
Entry Level One
Sewer Other
Water Other
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6206002016
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, Fannie Mae
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, Fannie Mae
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Tony Pedroza • Century 21 Allstars