13636 Garfield Ave, South Gate, California 90280, South Gate, 90280 - bed, bath

13636 Garfield Ave, South Gate, California 90280 home-pic-0
ACTIVE$684,000
13636 Garfield Ave, South Gate, California 90280
0Bed
0Bath
1,648Sqft
6,332Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: The property generates a significant monthly rental income of $5,182 from the main house and studio unit, offering immediate cash flow.
Top Cons:
Age of Property: Built in 1940, the property may require ongoing maintenance and potential upgrades to meet modern standards.

Compared to the nearby listings

Price:$684.0K vs avg $750.0K ($-66,000)38%
Size:1,648 sqft vs avg 1,614 sqft54%
Price/sqft:$415 vs avg $46531%

More Insights

Built in 1940 (85 years old).
Condition: The property was built in 1940, but the description mentions a remodeled kitchen and updated bathroom. The images confirm these updates, but the overall style and some elements appear dated. Newer carpets and flooring are also mentioned. While functional, the property shows its age and would benefit from further modernization to meet current standards. The presence of a permitted commercial unit adds complexity but doesn't significantly impact the condition score of the residential portions.
Year Built
1940
Close
-
List price
$684K
Original List price
$695K
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
DW24236364
Home ConditionFair
Features
Patio
View-

About this home

This property is currently designated as a Single Family Residence; however, it features a permitted commercial unit that is currently utilized as a residential studio apartment. The SFR is set up to allow the main house to be split into two units by locking the door to a rear bedroom and bathroom. This is how the property has been configured for the past several years. The property has a gross building area of 1,685 square feet, with a net gross livable area of 1,561 sq ft. The subject site is 6,359 sq ft (.15 acres). The house features 1 bedroom and 1 bath, with 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 is accessed by a separate entrance at the rear of the house, and it presently rents for $1,317 per month. There is a laundry room and rear entry between the front house and the studio unit. The studio unit was repainted in December 2023. Features include laminate hardwood flooring, along with a kitchenette that has room for a full-sized refrigerator and stove/oven. The studio rents for $1,687 per month. There is a front covered porch, a rear covered patio, rear perimeter concrete block walls, and a concrete driveway with space for three cars. The total rent is $5,182 per month. The South Gate Planning Department has confirmed that ADU’s can be constructed on this property. They will allow the “permitted garage and permitted commercial space to be converted into either an attached ADU or JADU is acceptable.”

Condition Rating
Fair

The property was built in 1940, but the description mentions a remodeled kitchen and updated bathroom. The images confirm these updates, but the overall style and some elements appear dated. Newer carpets and flooring are also mentioned. While functional, the property shows its age and would benefit from further modernization to meet current standards. The presence of a permitted commercial unit adds complexity but doesn't significantly impact the condition score of the residential portions.
Pros & Cons

Pros

Income Potential: The property generates a significant monthly rental income of $5,182 from the main house and studio unit, offering immediate cash flow.
ADU Potential: The South Gate Planning Department has confirmed the possibility of constructing ADUs on the property, providing an opportunity to increase rental income or property value.
Flexible Configuration: The main house can be easily split into two units, offering flexibility in rental options or accommodating different living arrangements.

Cons

Age of Property: Built in 1940, the property may require ongoing maintenance and potential upgrades to meet modern standards.
Limited Bedroom Count: The main house only features one bedroom, which may limit its appeal to certain tenant demographics.

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