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2628 Iowa Avenue, South Gate, CA 90280$849,000

4
beds
2
baths
1864
ft2
· 5675
ft2 lot
$455 / ft2

Listing provided courtesy of Anthony Arana, Statewide Brokers
Source CRMLS;
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Great Investment Property!! 2 craftsman style detached units, Live in one and collect rental income from the other!! Both units are 2 bedrooms 1 bathroom, each with their own private yards and parking area. The spacious driveway allows for plenty of on-site parking. The property has a clean curb appeal with a low maintenance yard. Both units are in move-in condition, centrally located near shopping, public transportation, and walking distance from Stanford Avenue Park. Do not miss out on this passive income opportunity!

HOA

No HOA

On market

3 months

Year built

1927

Property type

Multi-Family

Parking

MLS

PW22200734

Price / Sq.Ft.

$455 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 2628 Iowa Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: See Remarks
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Interior Size
•   
Building Area Total: 1864.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: SGR3*
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Yard
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1303
•   
Lot Size Area: 5675.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 2400.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 1000.00
•   
Total Expenses: 3400.00
•   
Gross Scheduled Income: 6000.00
•   
Operating Expense: 400.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 72000.00
Lease Info
•   
Net Operating Income: 5000.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 2
•   
Price Per Unit: 424500
School Neighborhood & Directions
Location
•   
Community Features: Suburban
School Info
•   
Directions: TRUBA AND IOWA
Virtual Tour Link
Virtual Tour
Other
Calculation
•   
Dom: 69
•   
Cdom: 69

Neighborhood snapshot

23
Properties for sale
9
Median days on market
$418.28
Median sold price/sqft
101.66%
Sold/List %
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walk score® :

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bike score® :

Property History for 2628 Iowa Avenue

10/31/2022
10/31/2022
CRMLS #PW22200734
active
CRMLS #PW22200734
$849,000
--0.12%
09/13/2022
09/13/2022
CRMLS #PW22200734
active
CRMLS #PW22200734
$849,999

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