OPPORTUNITY IS KNOCKING! THIS IS YOUR CHANCE! This very RARE property sits on a 6,332 sq. ft. lot and is zoned SGR3* by the County and HMU-1 by the City of South Gate. Meaning, it can be a multi-family dwelling. Currently, the city shows a single-family home with a commercial unit. However, it is being utilized and rented out as a triplex with three separate units! Each unit has its entry from the exterior, a kitchen or kitchenette, bathroom, and they share the laundry room which is centrally located within the building. The current owner has spent thousands of dollars upgrading the units with new cabinets, counters, flooring, new paint (inside & out) new sewer cleanouts, new updated electrical panel w/sub at the studio unit, and more! The opportunities with this lot and dwelling are exceptional. Especially since this lot is over 6,000 sq. ft and sits in the Hollydale Village Specific Plan (see the supplementals for further details) The City of South Gate is planning to spend Millions of dollars for the upcoming "Eco-Rapid Transit Future plans for two stations on the Eco-Rapid Transit line create mobility and enhance economic development potential for Hollydale." per the Hollydale Specific Plan page 18. The current tenants enjoy the following setup. Unit 1 - A studio that is approx. 356 sq. ft., Unit 2 - a large one-bedroom unit, currently split with a divider and being used as a 2 bedroom unit, approx. 646 sq. ft. Unit 3 - A one-bedroom that is approx. 524 sq. ft. The current 1 car garage is used for storage. This has the potential to be a primary with an ADU and a JADU or possibly even a Triplex! See the supplements for further details. Oh and did you see the great GRM? The avg. market GRM is approx. 17.39 This dwelling is approx. 15 and that is BEFORE the $20K CREDIT the seller is willing to provide! See the supplementals for further details.