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Quadruplex in South Gate $850,000

Best Deal in Town!

Elfyer - South Gate, CA House - For Sale
Elfyer - South Gate, CA House - For Sale
Elfyer - South Gate, CA House - For Sale
Elfyer - South Gate, CA House - For Sale
4 Legal Units currently being used as 5 units. Property is located on a corner lot. Great investment opportunity! All units are currently rented generating $5,595/month (1:$995 2:$975 3:$975 4:$850 5:$1800) One unit is a 2 bedroom 2 bathroom with bonus room ALL of the other units are studio apartments. Property has 3, 2 car garages attached, 4 gas meters and 4 electric meters. A new rental increase for all units is due in March 2022. Rents have plenty of growth potential.
  • Property Needs Some TLC
  • Rents will increase in March'22 to $6,050 monthly
  • All Tenants are Current
  • Rents Currently Generate $5,595 monthly
  • Good Long Term Tenants
  • Perfect for an Investor
MLS: PW22020372
Yr Built:
Bdrms: 2
Baths: 6
Pool: No
Parking: 4+ Car Garage
Asking: $850,000
Property Address
2420 Iowa Ave
South Gate, CA
90280
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Agent photo
Anthony Arana
562-755-7908
Contact Agent
Visit Agent Website
Lic#: 01225477
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Statewide Brokers
8141 2nd Street 
Suite # 408
  Downey, CA 90241
(562)755-7908


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Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.


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