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Quadruplex in South Gate $850,000
Best Deal in Town!
2420 Iowa Ave South Gate,
CA 90280
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2 BEDROOMS | 6 BATHROOMS | MLS# PW22020372 | Asking: $850,000 |
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| 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. | ||||
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