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4877 Southern Lane, South Gate, CA 90280$819,000

5
beds
5
baths
2727
ft2
· 3804
ft2 lot
$300 / ft2

Listing provided courtesy of Hilda Hernandez, Berkshire Hathaway Home Serv.
Source CRMLS;
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BOTH UNITS WIL BE DELIVERED VACANT! Are you seeking a multifamily home with an excellent location, tons of investment potential, and two spacious units? You're in luck! Nestled on a neatly maintained 3,804 sqft lot, this two-unit property is ideally situated and boasts tons of nearby amenities. Easily stroll to restaurants, Tierra Mia Coffee, and South Gate Park. Explore the 3BR/3BA front unit to discover an entertainment-ready floorplan, gleaming floors, an expansive living room, kitchen with ample cabinetry, and a dining area. Two generously sized bedrooms and two bathrooms are located on the upper-level, while one bedroom and one bathroom are on the main-floor. Additionally, this unit includes an attached 2-car garage. Equally as attractive, the 2BR/2BA second unit has an openly flowing floorplan, a neutral color scheme, a sizeable living room, and a kitchen with wood style cabinetry, long countertops, and a dining area. As a bonus, the unit also has an attached two-car garage. With some TLC this property may be an excellent addition to a growing real estate investment portfolio or an owner occupied to live in one and rent the other.

HOA

$0/month

On market

3 months

Year built

1988

Property type

Multi-Family

Parking

4

MLS

P1-10498

Price / Sq.Ft.

$300 / ft2

Status

Active

Buyer’s Brokerage Commission

3%

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Home details for 4877 Southern Lane

Interior Features & Layout
Appliances
•   
Laundry Details: Individual Room
•   
Laundry: 1
Rooms Info
•   
Room Information: Laundry, Living Room, Main Floor Bedroom, Master Bathroom
Interior Features
•   
Interior Features: Balcony
Flooring
•   
Flooring: Tile
Interior Size
•   
Building Area Total: 2727.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage
•   
Garage Spaces: 4.00
Lot Info
•   
Lot Features: Front Yard, Sprinklers None
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.0873
•   
Lot Size Area: 3804.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
Property Type
•   
Architectural Style: Traditional
Building Info
•   
Roof: Composition
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Public Records
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 2
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Total Actual Rent: 1250.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 0.00
•   
Total Expenses: 0.00
•   
Gross Scheduled Income: 15000.00
•   
Operating Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 15000.00
Terms
•   
Exclusions: Appliances are excluded from the sale.
Lease Info
•   
Net Operating Income: 0.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1250.00
•   
Unit 2 Bedrooms: 2
•   
Has Attached Garage
•   
Unit 2 Bathrooms: 2
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 3
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 13
•   
Number Of Units Leased: 1
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: South of Firestone , East of Atlantic
Other
Calculation
•   
Dom: 74
•   
Cdom: 74

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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Property History for 4877 Southern Lane

08/26/2022
08/26/2022
CRMLS #P1-10498
active
CRMLS #P1-10498
$819,000
--2.38%
07/16/2022
07/16/2022
CRMLS #P1-10498
active
CRMLS #P1-10498
$839,000

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