9504 Otis, South Gate, CA 90280
- $899,900
- List Price
- $899,900
- Status
- ACTIVE
- MLS#
- SR26212201
- Year Built
- 1939
- Lot Size
- 7,809
- Acres
- 0.18
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
Situated in South Gate’s high-demand rental market, 9504 Otis St presents a rare four-unit multifamily investment opportunity with compelling cash-flow potential. The property is well suited for investors seeking to expand an existing portfolio or for a first-time buyer interested in an owner-occupied investment. Additional upside may be available through the property’s multiple garages, which could offer ADU conversion potential, or through the spacious central courtyard, which may accommodate detached units, subject to city permitting and approval. Each of the four residences features one bedroom, one bathroom, and a private one-car garage. Every unit is also separately metered for electricity and gas and includes its own water heater. Convenient access to the 710 and 105 freeways, together with nearby public transportation options, provides efficient connectivity throughout the greater Los Angeles area.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $82,620
- Operating Expense
- 4728
Listing courtesy of Listing Agent: Steve Guerrero (sguerrero1@aol.com) from Listing Office: Champs Realty Group.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.