16 Unit investment opportunity zoned SSC1 ("neighborhood residential") consists of 14 residential income units of 28 beds & 37 baths (2/3BR; 11/2BR; 1/1BR) & 2 commercial spaces (currently being used for storage). There are 5 buildings estimated at 20,644 sqft total on 43,240 sqft lot, giving this mixed-use property 75% residential usage & 25% commercial usage. All but 3 of the residential units are rented, with one 3BR unit separately fenced w/a pool set up as an "owner" unit. The 2 commercial spaces, approx. 5,000 sqft of the total sqft, are currently unoccupied and in need of rehab. The City prefers that these be kept residential or, if commercial, converted to a Day Care or other neighborhood commercial business. Roughly 50% of the residential units are townhouse style w/inside individual laundry & private patios. Two of the 2BR units were recently upgraded w/new carpet, appliances & paint. All units have garages, carports, and ample off-street parking. Property is located close to the 605/5 freeway junction w/easy access to major transportation routes. Santa Fe Springs is home to 100 acres of recreational space & miles of greenbelts & parkways, making this an excellent investment opportunity with an upside in rent. Property is a probate sale and is sold AS IS.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
