10119 San Luis Avenue, South Gate, CA 90280

$650,000 Asking Price

3 beds
1 bath
1,800  sqft
Built in 1941

Trust Sale, subject to Court confirmation and over-bidding in Court. For Sale AFTER 62 years! Opportunity awaits with this 3-bedroom, 1-bath fixer-upper in South Gate! Front house is approx. 1,300 sq. ft., and the Rumpus Room with full bath was added in 1995 with permits, is approx. 500 SF. Total legal sq. ft. is approximately 1,800 sq. ft. of living space + detached garage with additional 450 SF. Title shows a living space of 1,091 sq. ft. on a 7,318 sq. ft. lot, with detached two car garage. The buyer is encouraged to independently verify the accuracy of the square footage, bedroom/ bathroom count, lot size, or dimensions, as well as any permitted or unpermitted spaces. Tenant occupied. Current tenant has resided in the property for past 27 years, and it currently paying rent of $1,765 per month, plus all utilities, on a month-to-month tenancy. Property is a fixer upper and provides great opportunity for an owner/investor to rehab and realize substantial upside. Minutes away from park, schools, shopping center, entertainment, and restaurants. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is a Successor Trustee, un-related to the property owner, and cannot make any representations as to the condition, history of the subject property.

Features & Amenities

Interior

General:
Ceiling Fan(s),Separate/Formal Dining Room
Appliances:
Gas Range,Microwave,Oven,Refrigerator,Range Hood
Flooring:
Carpet,Tile,Vinyl
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Living Room, Fireplace

Exterior

General:
Rain Gutters
Style:
Traditional
Pool:
None
Parking:
Door-Multi,Driveway,Garage, Parking spaces: 2

Construction

Roofing:
Shingle
General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
SGR1*, 6223013020
View:
View
Fencing:
Brick

Utilities

Water:
Public
Sewer:
Other

Financial

Source:
CRMLS
Exclusions:
tenant personal belongings not included

This listing courtesy of:
Ingenious Asset Group, Inc., Vineendra Jain

About South Gate, CA

Housing

Number of Units
24,102
Median Home Value
$444,679
Median Rent
$1,154

56.28% of housing units are renter occupied.

2.12% are vacant.

Commute

Car
80.14%
Public Transportation
3.63%
Walk to Work
1.38%
Work from Home
13.10%
Other
1.38%

The median travel time to work is 31 minutes.

People

Population
90,909
Median Age
34.30
Median Household Size
3.94

Education

High School
25.87%
Associate’s Degree
5.20%
Bachelor’s Degree
8.10%
Graduate Degree
2.18%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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