2905 Kansas Avenue, South Gate, CA 90280

About this property

COURT IS SET FOR 10-20-2023! THE OPENING BID WILL BE $ 1,418,000. See agent remarks for more information on overbidding. Incredible opportunity to own this four-plex property in the heart of South Gate. The main house is currently vacant and would be perfect for an owner-occupier who wants to live on site and collect rental income from tenants. The grounds include a fenced in yard, shaded porches and three private garages. Property has great upside potential for new owner with value add opportunities. Property is being sold as-is. This is a probate sale subject to court confirmation. * Rental income is based on actual rent of 3 units + projection of $3,000/monthly for the Single Family Residence. Owner pays for common area utilities only, renters to pay for their individual utilities.

Listing description from the December 2023 sale, as reported to CRMLS.

Sale history

$1,350,000

Sold December 2023 · listed $1,418,000, orig. $950,000, on market July 2023 · MLS #23286571 · Source: CRMLS

Listing Agent: Scott Greenberg · Listing Office: Equity Union · Contact: 424-600-7620 · Bought with: CYNTHIA RODRIGUEZ · CITY LIGHTS REALTY

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