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Image 1 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 2 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 3 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 4 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 5 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 6 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 7 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 8 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Image 9 - 8601 Chestnut Ave, South Gate, California, 90280 - House for sale
Home For Sale In South Gate, California
8601 Chestnut Ave, South Gate, California, 90280

Home For Sale In South Gate, California

house for sale
Listed: 06/17/24

8601 Chestnut Ave, South Gate, California, 90280

24 Bed:
16 Bath:
2,668 Sq Ft Living Area:
Save
Price
$ 900,000

About This House

Don't miss this great investment opportunity located on a corner location in the city of South Gate. The building consists of two 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units. The building has an unused room that previously was used as a laundry room. This can be converted back fairly easily to increase revenue. The parking is open on the side and in the back of the building with plenty of room for at least 6 cars. The current rents are under market due to the Covid restrictions but are being increased to try to get them to market rate. A little work and updating can make this into great investment.

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South Gate Housing & Living

Household Income

Median household income: $47,281
Number of households: 23,557
The average household income in South Gate, CA grew from $45,522 to $47,281 in the past year. This data is an estimate based upon 23,557 households in South Gate, CA.
The chart below presents how household income is distributed in South Gate, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in South Gate, CA compared to median property taxes around the country. The prevalent amount of property taxes in South Gate, CA equals $3k+ , which is more than the national average.