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Off market
  • $1,783,000

    5130 Wood Ave, South Gate, CA 90280

    14beds
    7baths
    6,494sqft
    MultiFamily
    Built in 1964
    -- sqft lot
    $1,783,000 Zestimate®
    $275/sqft
    $2,797 Estimated rent

    Home value

    $1,783,000

    $1.60M - $2.00M

    $2,797/mo

    Zestimate® history
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    Owner options

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    $2,797/mo

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    Rent Zestimate®

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    $11,234/mo

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    $11,234/mo

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    What's special

    We are proud to present this 7 unit build in the beautiful city South Gate. Property consists of a 1964 construction building with 5 two-bedroom/one-bath units and 1-3 bedroom 2 bath and 1-1 bedroom 1 bath unit. with 7 single car garages. The property is separately metered for gas and electricity and also offers on-site laundry. With current rents substantially below market and over 55% of upside in rents. This property provides an astute investor a unique value-add opportunity, potential capital gain deferment benefits and long term cash flow. Drive only shown with accepted offer only. Do not disturb the tenants in any way.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    Appliances
    • Laundry: Individual Room, Electric Dryer Hookup
    Features
    • Common walls with other units/homes: 1 common wall
    Interior area
    • Total interior livable area: 6,494 sqft

    Property

    Parking
    • Total spaces: 7
    Lot
    • Size: 8,507 sqft
    • Features: Lot 6500-9999
    Details
    • Parcel number: 6222028040
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: South Gate

    Other

    Other facts
    • CommonWalls: 1 common wall
    • CommunityFeatures: Curbs
    • PropertyType: Residential Income
    • SpecialListingConditions: Standard
    • LaundryFeatures: Individual Room, Electric Dryer Hookup
    • PreviousStandardStatus: Active Under Contract
    • LotFeatures: Lot 6500-9999
    • MLSAreaMajor: T4 - South Gate E of 710
    • BuildingAreaUnits: Square Feet
    • ElevationUnits: Feet
    • LotSizeSource: Assessor
    • WaterSource: Public
    • TaxTractNumber: 7546
    • Sewer: Public Sewer
    • StandardStatus: Pending
    • SeniorCommunityYN: 0
    • ParcelNumber: 6222028040

    Price history

    DateEventPrice
    10/8/2020Sold$1,500,000-11.8%$231/sqft
    Source: CRMLS #DW20153660
    8/24/2020Pending sale$1,700,000$262/sqft
    Source: Keller Williams SELA #DW20153660
    7/31/2020Listed for sale$1,700,000$262/sqft
    Source: California Regional MLS #DW20153660

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90280

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,783,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,783,000