Property Detail

Description

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 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.