Property Description

9828 State St is a 6-unit apartment building located in the heart of South Gate offering the opportunity to own a property receiving good rental income and not subject to any local rent control ordinances. Conveniently located just a few short blocks from Long Beach Blvd and Tweedy Blvd, and just a few miles from the 105, 110 and 710 Freeways, this is an opportunity for an investor to own a property in a high demand rental market with strong growth potential. The 5,052 sq ft building sits on a 7,275 sq ft lot and boasts an ideal unit mix of six (6) 2 bed/1 bath units. The main roof was replaced less than ten years ago, while the garage roof was replaced just two years ago. Copper plumbing to the main line and upgraded electrical panels have all been installed within the last 5 years. Several of the units have undergone extensive remodeling. Five car garage parking services the property, accessible through an alleyway in the rear of the parcel.