8912 Elizabeth Avenue

South Gate, CA 90280

$750,000
Price
2
Beds
1
Bath
888 Sq. Ft.
$845 / Sq. Ft.
888
Sq. Ft.
$845
per Sq. Ft.

Description

Attention Builders/Investors! A rare opportunity offering endless potential in a prime location. Located just off Firestone Boulevard, currently a cozy 2-bedroom, 1-bathroom home, this structure comes with approved plans to transform it into three separate units! Currently the existing house is 888 Sq Ft. The total sq ft of the final triplex is 2,714 sq ft. making it an excellent investment opportunity for developers or those looking to expand their real estate portfolio. Don't miss your chance to...Attention Builders/Investors! A rare opportunity offering endless potential in a prime location. Located just off Firestone Boulevard, currently a cozy 2-bedroom, 1-bathroom home, this structure comes with approved plans to transform it into three separate units! Currently the existing house is 888 Sq Ft. The total sq ft of the final triplex is 2,714 sq ft. making it an excellent investment opportunity for developers or those looking to expand their real estate portfolio. Don't miss your chance to invest in a growing neighborhood with high demand and plenty of promise.
  1. Listed by Anna Petlevaya • DRE #01933240 • Brokerage DRE #01933240 • Dreamstate Living

Property Details for 8912 Elizabeth Avenue

Zoning
SGR3YY
Style
Traditional
Parcel Number
6210020029
Total Units
3.0
Living Area
888
Source Living Area
Vendor Enhanced
Area
Cudahy, South Gate W of 710, Hunt Pk S of Florence (T2)
Vacancy Rate
0
LISTING UPDATED: 09/14/2024 12:01 AM

Property Details for 8912 Elizabeth Avenue

StatusActive
MLS #24-436651
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.15 AC / 6,653 SF
CountyLos Angeles County

Building Information for 8912 Elizabeth Avenue

Stories1Residences-Year Built1940Building Size-Lot Size0.15 AC / 6,653 SF

Property Information for 8912 Elizabeth Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: SFR
  • Water: Public
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional
  • Disclosures: As Is, Building Plans Available, Building Permit
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $117,600
  • Net Operating Income: $97,600.00
  • Gross Income: $117,600
  • Gross Rent Multiplier: $6.40
  • Vacancy Allow Percent: .00%
  • Total Annual Expense: 20000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1527
  • Lot Size Square Feet: 6653
  • Lot Size Dimensions: 40x160
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Engineered Hardwood, Mixed
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven
  • Laundry: Inside
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 09-06-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $122,400.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $489,600.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $612,000.00

Property History for 8912 Elizabeth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8912 Elizabeth Avenue

Taxable ValueLand$499,392Additions$124,848Total$624,240
Tax Record2024$7,985 ($665 / month)
Home Facts
Beds2Total Finished SqFt888 SqFtAbove Grade Finished SqFt888 SqFtStories1Lot Size6,651 SqFtStyleSingle Family ResidenceYear Built1940ZoningSGR3YYCountyLOS ANGELESAPN6210-020-029

Schools near 8912 Elizabeth Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Independence Elementary School
PublicK to 5

Southeast Middle School
Public6 to 8

South Gate Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8912 Elizabeth Avenue is a multi-family home for sale in South Gate, CA 90280. This property was listed for sale on September 6, 2024 by Dreamstate Living, it's currently listed at $750,000. It has been on the market for a total of 106 days and was last sold on April 25, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Independence Elementary School, Southeast Middle School and South Gate Middle School. 8912 Elizabeth Avenue is a 2-bed, 1-bath, 888 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dreamstate Living, Anna Petlevaya, DRE #01933240

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.