8615 State Street

South Gate, CA
$ 564,800 Beds 0 Baths 0 Sq 1,554 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to 8615 State St in the City of South Gate. Here is the investment opportunity you have been waiting for all year! This mixed use duplex is comprised of 1) a storefront retail unit with its own bathroom (plenty of space to add a shower) along with 2) a 2nd residential unit with 2 bedrooms & a bonus room (previously used as a 3rd bedroom) & 1 full bath. This is your opportunity to start the business you have always wanted OR expand your current business to another location OR live in the rear residential unit and enjoy the cash flow from the currently rented retail space. The opportunities with this unique property don't end here....DEVELOPMENT OPPORTUNITY as Property is zoned SGCR.* Due to the current zoning, the property's unique location, lot size etc. the City of South Gate may allow an owner to build anywhere from 2 to 4 units (Buyer to verify buildability details etc with the City). The Residential unit is quite spacious w a separate living room, dining room, galley kitchen, indoor laundry room & 2 spacious bedrooms...3rd room was last used as a bedroom. Huge backyard just waiting for a new owner to transform this open space to build units, park tons of cars, an RV or design your very own garden oasis...Excellent location. Close to several parks & schools. Steps away from several Metro bus lines & has a WalkScore© of 78 (Very Walkable). This property can qualify for FHA financing. Please ask the listing agent for additional info re fha financing.

Pending

  • Price
  • $ 564,800
  • Lot Size
  • 6,294 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,554
  • Full Bathrooms
  • 0
  • Year Built
  • 1928
  • Half Bathrooms
  • 0
  • City, Zip
  • South Gate
  • County
  • LOS ANGELES
  • Style
  • Area
  • South Gate E of 710
  • MLS#
  • DW20160723
  • Zip
  • 90280
Listing Provided by: Jennifer Avellan with Keller Williams SELA.

Features

General

Attached Structure Attached
Carport Spaces 0.00
Community Features Sidewalks
Directions Ardmore Ave & State St.
Garage Spaces 0.00
Listagentaor Downey
Listing Agent Jennifer Avellan - BRE#01468000
Listing Agent State License 01468000
MLS Area T4 - South Gate E of 710
Number of Units Leased 1
Pool Features None
Price Per Square Foot 363.45
Property Attached Y/N Yes
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Unknown
Source System CRMLS
Special Listing Conditions Standard
Total Units 2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Laundry Features Individual Room, Inside
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 1

Exterior Features

Building Area Total 1554.00
Fence Y/N Yes
Fencing Block, Wood
Lot Features Back Yard, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby, Yard
Lot Size Acres 0.1445
Lot Size Area 6294.0000
Lot Size Source Assessor
Lot Size Square Feet 6294.00
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 7.00
Uncovered Spaces 7.00
Water Source Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/10/2020 Listed $564,800

Property vs Zip Code Average in 90280

Price
AVG $620K
$560K
Visits
AVG 44
58
Year Built
AVG 1947
1928
Walkscore
AVG 58
78
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

8615 State Street South Gate, CA is a Single Family Home for sale at $564800 with 1554 sqft and a lot size of 6,294 SqFt Acre(s). 8615 State Street South Gate has 0 bedrooms, 0 baths and was built in 1928. The property's zip code is 90280 which is in South Gate, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.