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8137 Beechwood Ave, South Gate, CA 90280

$1,050,000
  • 3

    bed

  • 5

    bath

  • 2,612

    Sqft ($402/Sqft)

Multi-family pending

About 8137 Beechwood Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 5,996 Sqft
Movoto estimate
Rental estimate
Property description
8137 Beechwood Avenue is a five-unit investment opportunity located in the strong rental market of South Gate. The property consists of three one-bedroom units and two studios, with three units already renovated, delivering solid in-place income with remaining rental upside. The asset features dual-pane windows throughout and a recently painted exterior, reflecting ongoing maintenance and pride of ownership. The property also includes four single-car garages and an on-site laundry facility. South Gate has no local rent control ordinance and is subject only to AB 1482, allowing investors to adjust rents within state guidelines. A well-positioned, cash-flowing asset in a consistently strong tenant market.
Listed by
Listing Agent - Nicholas Petrosian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#26657209 • last updated 3 weeks ago
Movoto checked The MLS for data 14 minutes ago
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Overview
Levels/Style One
MLS # 26657209
Type Residential Income
Status Pending
SqFt 2612
Lot Size (SqFt) 5996
Lot Size (Acres) 0.1376
Year Built 1928
Interior
Total # of Baths 5
Total # of Bedrooms 3
Laundry Own
Exterior
# Parking Spaces 4
Parking Desc Garage - 1 Car
Add'l Structures None
Amenities / Utilities
Equipment Microwave, Ceiling Fan
Location
County Los Angeles
Zoning SGR4YY
APN 6211-023-007
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 5700
Unit 1: # Beds 1
Unit 1: Rent 1725
Unit 2: Rent 1525
Unit 2: Furnished No
Unit 2: Projected Rent 3200
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 3050
Unit Type 2106, 2107
Unit 1: Actual Rent 5175
Total # Of Buildings 2
Net Operating Income 62607
Cap Rate 5.96
Vacancy Rate 3%
Gross Income 98700
Gross Operating Income 96879
Gross Rent Multiplier 10.64
Total Annual Expenses 24272
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Around Cudahy, South Gate W Of 710, Hunt Pk S Of Florence

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  • Real Estate
  • CA
  • Los Angeles County
  • South Gate
  • 90280
  • 8137 Beechwood Ave

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