About 10245 Virginia Avenue
We are pleased to present the opportunity to acquire a well-maintained 6-unit multifamily property located in the highly desirable city of South Gate, California. The property is comprised of two separate buildings situated on a 7,195 square foot lot, offering excellent functionality and investment appeal.The unit mix includes three (3) spacious (2+1)'s and three (3) (1+1) units, providing a balanced combination that appeals to families, professionals, and individuals alike. One of the (1+1) units is a recently approved Accessory Dwelling Unit which was tastefully designed and rented at $1,800 per month. Onsite parking is available for tenants, enhancing the property's convenience and long-term leasing stability. This offering presents investors with an excellent opportunity to acquire a stabilized income-producing asset in a dynamic rental market with favorable fundamentals and long-term upside potential.The property is located in the city of South Gate, a vibrant community within Southeast Los Angeles County, known for its strong rental demand and central location. The property benefits from proximity to major employment hubs, retail centers, and entertainment venues. Tenants enjoy convenient access to shopping at the South Gate Towne Center, a variety of neighborhood restaurants, and recreational opportunities at South Gate Park. The property also offers excellent connectivity to key transportation routes, including the 710 and 105 Freeways, making commuting to Downtown Los Angeles, Long Beach, and surrounding employment corridors highly accessible.
