Property Detail

10119 San Luis

South Gate CA 90280

$650,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Vineendra Jain of Ingenious Asset Group, Inc.. Last updated 2024-11-29 09:25:38.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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