A four-unit apartment building in South Gate, California. This offering presents an excellent value-add opportunity with 21 percent potential upside in rents. 2730 Southern Avenue consists of a 1947 construction building with three studios and one one-bedroom/one-bath unit. The units are separately metered for gas and electricity, and the one-bedroom features in-unit laundry. The property also offers five parking spaces. The property is located across from a park near the intersection of Southern Avenue and Truba Avenue. This area is a majority-renter market with no rent control and consistently low vacancy rates.
Offering Memorandum