Discover 2913 Illinois Ave, a charming triplex nestled in a picturesque, tree-lined residential neighborhood of South Gate, CA. Built in 1948, this well-maintained property exudes character and offers an excellent investment opportunity with stable rental income and room for upside potential. The property features three spacious 1-bedroom, 1-bath units, each with its own private 1-car garage. Recent updates include a freshly painted Unit B with a brand-new wall air conditioner installed in 2024. Additional perks include three individual tankless water heaters, a fenced front yard, and extra storage space at the rear of the property. For investors looking to maximize value, the lot presents an incredible opportunity to build two ADUs (buyer to verify), further enhancing rental income potential. Don’t miss this chance to own a solid income-producing property in a desirable residential neighborhood!
MLS# | AR25060082 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 41 |
Listing Provided By | Keller Williams Sierra Madre 951-304-1200 | Jagmeet Singh |
SQ Feet | 1,584 |
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Garage | 3 |
Story(s) | 2 |
Units | 3 |
Building(s) | 1 |
Zoning | SGR3YY |
Acreage | 0.12 |
State | CA |
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County | Los Angeles |
City | South Gate |
Zip Code | 90280 |
Area | T4 South Gate E of 710 |
Listing VS Median (in 90280) | |
Price: $895,000 low | high Med: $724,900 SqFt: 1,584 low | high Med: 1,490 $ / SqFt: $565 low | high Med: $502 On site: 41 low | high Med: 75.500000 |