2914 Iowa Avenue
$830,000

2914 Iowa Avenue

1,548 Sq.Ft. 5,368 Sq.Ft.

Description

A rare gem in today's market, this amazing duplex in the sought-after area of South Gate presents a fantastic investment opportunity. Boasting two adjoining units, both fully remodeled, this property is a standout choice for savvy investors or families looking for a comfortable and convenient living space.

Key Features:

Each unit features a cozy gas fireplace, adding warmth and charm to the living spaces.
Enjoy the durability and easy maintenance of tile floors throughout both units.
Wood shutters provide a touch of elegance and privacy in each room.
Convenience at its best with dedicated laundry rooms in both Unit 1 and Unit 2.
Unit Configuration:

Unit 1: 2 bedrooms, 1 bath, 2 car garage with driveway.
Unit 2: 2 bedrooms, 1 bath, 1 car garage with driveway.
Versatile Living:
This duplex offers a wonderful opportunity for two families to live side by side, creating a sense of community and shared space. Alternatively, lease out one of the units for an additional income stream while enjoying the comfort of the other.

ADU Potential:
Explore the potential to maximize your investment by considering an Accessory Dwelling Unit (ADU) in the rear detached garage. This additional space could be transformed into a stylish and functional living area, providing even more flexibility and income-generating possibilities.

Location Highlights:
Situated in a great and quiet neighborhood, this property is centrally located, providing easy access to schools, regional parks, numerous shopping centers, and the 105/710 freeways. Plus, with LAX in close proximity, travel becomes a breeze.

Don't Miss Out:
Don't let this fantastic opportunity pass you by! Act now to secure your spot in this fully remodeled duplex with all the modern amenities. Schedule a showing today and discover the potential of this income-generating property, including the exciting prospect of an ADU in the rear detached garage.

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Location

2914 Iowa Avenue, South Gate, CA 90280

Status

Sold

Date Sold

March 11, 2024

Property Amenities

Interior
Laundry room Inside
Fireplace See Remarks
Area & Lot
Total area 1,548 Sq.Ft.
Lot Area 5,368 Sq.Ft.
Living area 1,548 Sq.Ft.
MLS® ID DW24012996
Year Built 1951
Type Multi-Family
Status Sold
Exterior
Stories 1
Pool None
Air conditioning See Remarks
Heat type See Remarks
Water Source Other
Garage Space 3.0
Sewer Other
Parking Direct Access, Driveway, Garage
Lot Features Back Yard, Yard
Finance
Sales Price $830,000

South Gate

Work With Karina

Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties and I would be honored to help you take your next step.