Properties
South Gate, CA 90280 9411 Madison Avenue
$1,100,000
5 more
Presented By: Alfonso Tautimez with Premier Properties;
Baths • 1
SQFT • 3,641
Garage • 4
Home Details
9411 Madison Ave is located on a beautiful tree lined street, 1.4 miles north of the 105 Freeway and 2.5 miles west of the 710 Freeway. It is located near shopping centers, schools, parks and recreational centers. Excellent property for investors and/or owner occupants. This is a rare, non-city-rent-controlled, 4-unit property. Built in 1944 and kept in great condition, the apartments are situated on an expansive corner lot with ยฑ6,821 square foot of area. The units comprise of a total building construction of ยฑ3,641 square feet. The property offers an excellent unit mix of three, two-bedroom/one-bathroom, and one three-bedroom/one-bathroom units, averaging 910 square feet. It also features 4 single car garages, mature landscaping, and newer exterior paint. Call for additional information. CAP rate and GRM has been calculated with present rental income. There is still plenty of upside potential.
Presented By: Alfonso Tautimez with Premier Properties;
Interior Features for 9411 Madison Avenue
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 9411 Madison Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate7.1
CitySouth Gate
Community FeaturesCurbs, Street Lights, Suburban
ContingencyPROPERTY IS BEING SOLD AS-IS, AND WITH TENANTS IN PLACE.
CountyLos Angeles
DirectionsSouth of Firestone Blvd., West of State St.
Electric Expense
Entry LocationStreet
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income101388
Insurance Expense2400
Land Lease Y/NNo
Listing TermsSubmit
Lot Size Square Feet6821
Lot Size UnitsSquare Feet
MLS AreaT2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
Net Operating Income78132
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
Operating Expense23256
Pool FeaturesNone
PostalCitySOUTH GATE
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Tax Lot5
Taxes$13,200
Total Actual Rent8449
Trash Expense1212
Water Sewer Expense2844
Year Built1944
Year Built SourceAssessor
Exterior for 9411 Madison Avenue
Building Area Total3641
Lot FeaturesCorner Lot
Lot Size Acres0.1566
Lot Size Area6821
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
