8676 State Street

South Gate, CA 90280

$699,800
Price
1
Beds
4
Baths
2,013 Sq. Ft.
$348 / Sq. Ft.
2,013
Sq. Ft.
$348
per Sq. Ft.

Description

CASH or Hard Money Only, (FIXER) (Store front) 3 Units 1 bed/ 1 bath, with 3 single car garages. Property has a store front, per city may not be able to use as business due to the zoning change of 2015, zoning is NM/R2/R3 (CODE 11.55) no longer commercial mix/used (Small window for store front of 6 months from prior vacancy rule to put a similar business there, pet grooming, pet store something of the same nature, you have till April of this year to put a new License for business and for the city...CASH or Hard Money Only, (FIXER) (Store front) 3 Units 1 bed/ 1 bath, with 3 single car garages. Property has a store front, per city may not be able to use as business due to the zoning change of 2015, zoning is NM/R2/R3 (CODE 11.55) no longer commercial mix/used (Small window for store front of 6 months from prior vacancy rule to put a similar business there, pet grooming, pet store something of the same nature, you have till April of this year to put a new License for business and for the city approval or can be residential with 15feet setback from property line. Property still boast of potential, to convert the garages to an ADU, possible rents $1,500 each unit. The property needs repairs, remodeling, new roof and more. Please refer to the city of South Gate for any other questions or concerns.
  1. Listed by Brenda Pena • DRE #01464420 • Brokerage DRE #02094258 • Realty World Experts • 562-756-2437

Property Details for 8676 State Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2013
Assessor Parcel Number
6210-025-017

Location

Listing Courtesy of Realty World Experts, Brenda Pena, DRE #01464420
Add your commute
LISTING UPDATED: 04/22/2024 07:13 AM

Property Details for 8676 State Street

StatusPending
MLS #DW24047294
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size0.13 AC / 5,596 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty World Experts, Brenda Pena, DRE #01464420
Add your commute

Building Information for 8676 State Street

Stories1Residences-Year Built1942Building Size-Lot Size0.13 AC / 5,596 SF

Payment Calculator

$4,637 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,819

Property Taxes

$818

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8676 State Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $72,000
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $68,150
Expense Details
  • Operating Expense: $3,850
  • Insurance Expense: $2,000
  • Trash Expense: $650
  • Water Sewer Expense: $1,200
  • Total Expenses: $3,850
Tax / Assessment Info
  • Tax Tract Number: 3233
  • Tax Census Tract: 5357.02
  • CFD/Mello-Roos Fee: $1,246
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage, Garage - 3 Car
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Three Door
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 8676 State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8676 State Street

Taxable ValueLand$515,098Additions$206,035Total$721,133
Tax Record2023$9,812 ($818 / month)
Home Facts
Total Finished SqFt2,013 SqFtAbove Grade Finished SqFt2,013 SqFtStories1Lot Size5,596 SqFtStyleOffice BuildingYear Built1942ZoningSGCR*CountyLOS ANGELESAPN6210-025-017

Schools near 8676 State Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Independence Elementary School
PublicK to 5

Southeast Middle School
Public6 to 8

South Gate Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty World Experts, Brenda Pena, DRE #01464420

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.