9504 Otis, South Gate, CA 90280

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List Price
$899,900
Status
ACTIVE
MLS#
SR-26212201
Year Built
1939
Living Sq. Ft
7,809
Lot Size
7,809
Days on Market
4
Property Type
Multifamily
Stories
1

Property Description

Situated in South Gate’s high-demand rental market, 9504 Otis St presents a rare four-unit multifamily investment opportunity with compelling cash-flow potential. The property is well suited for investors seeking to expand an existing portfolio or for a first-time buyer interested in an owner-occupied investment. Additional upside may be available through the property’s multiple garages, which could offer ADU conversion potential, or through the spacious central courtyard, which may accommodate detached units, subject to city permitting and approval. Each of the four residences features one bedroom, one bathroom, washer, dryer and a private one-car garage. Every unit is also separately metered for electricity and gas and includes its own water heater. Convenient access to the 710 and 105 freeways, together with nearby public transportation options, provides efficient connectivity throughout the greater Los Angeles area.

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Calculator source: Real Geeks

Listing courtesy of Champs Realty Group.