High Development Potential:NM Zoning: Offers flexibility in development options, allowing for up to 6 units (SFR, attached/detached, duplexes, triplexes, quadplexes). ADU Potential: According to the city the ability to add two ADUs (1000 sq ft and 500 sq ft) to the existing 3-bedroom unit significantly increases the property's income potential. Underpriced for a Quick Sale: This presents a potential for significant profit if the property is renovated and/or redeveloped. The approximately 2000 sq ft warehouse provides additional income potential or flexibility for future development plans. Plenty of Parking: Existing parking infrastructure reduces the need for additional development costs in this area. Currently separated structure exist which house 3 laundry room for the units.
This vacant corner lot presents an outstanding opportunity for investors and developers to build in one of South Gate’s most vibrant and established neighborhoods. The location offers heavy foot and vehicle traffic, making it perfect for a high-visibility project. Close to shopping, dining, schools, and major transit routes, this property ensures convenience for future occupants or businesses.
APN # 6243-042-049 Exceptional Opportunity: Vacant Land in South Gate. Unlock the potential of this vacant land parcel, boasting approximately 6,189 SF in the charming city of South Gate. Nestled at the end of a peaceful cul-de-sac, this property offers the perfect blend of privacy and convenience. Zoned SGR1. Buyers are encouraged to verify all information and conduct their own investigations. The property is sold as-is, giving you a blank canvas to work with. Don’t miss this rare opportunity! Drive by today and envision the future that awaits you here!
Courtesy: Keller Williams South Bay
South Gate is located in California. South Gate, California has a population of 93,308. South Gate is more family-centric than the surrounding county with 32.63% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in South Gate, California is $59,647. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in South Gate is 33.3 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 48.5 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
