Investigate the South Gate inventory for similar properties.... This property is well-priced and offers a great opportunity for families wanting to live together or for investors looking to build ADUs to maximize their investment! This property is classified as a Single-Family Residence, but it has a permitted commercial unit… Read More currently used as a residential studio apartment. The main house has been split into 2 units, but can easily be reconverted back to a 3-bedroom home if desired. The property has a gross building area of 1,657 square feet, with a net rentable area of 1,561 square feet. The subject site is 6,359 sq ft. The house has 1 bedroom and 1 bathroom, a large remodeled kitchen, an updated bathroom, and newer carpets and flooring. The house is presently rented for $2,178 per month, which includes a single-car garage. Attached to the main house is a 1 bedroom and 1 bath unit with a living room and kitchenette. The unit has a separate entrance at the back and currently rents for $1,317 per month. There is a separate laundry room between the front house and the studio unit. The studio unit was repainted in December 2023 and includes laminate hardwood flooring and a kitchenette with space for a full-sized fridge and stove. The studio rents for $1,687 per month. The property has a front porch, a back patio, concrete block walls at the back, and a driveway for three cars. The total rent is $5,182 per month. The plumbing, including pipes and the water heater, was replaced about 6 years ago. The electrical system, including wiring and the electrical panel, has also been replaced. According to the Planning Department, the property is eligible for a Junior Accessory Dwelling Unit (JADA) and a detached ADU of up to 1,000 square feet. This will enable the transformation of the subject's garage and studio unit into a legally permitted 1 Bedroom, 1 Bath Junior Accessory Dwelling Unit (JADU). An additional ADU up to 1,000 square feet can be constructed in the backyard. Read Less
Property listed by Dalton Real Estate, Emmett Dalton 805-380-6132
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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