$1,900,000
$2,050,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
10 Baths
6,915 SqFt
SOLD DATE : 05/08/2026
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,915 sqft
Price per Sqft $274
MLS Listing ID 26639009
Sold Date 05/08/26
Bedrooms 16
Year Built 1964
Lot Size 9,872 Sqft
Acres 0.2267
Property Sub-Type Multi-Family
Property Description
We are proud to present this well-maintained multifamily investment opportunity located in the desirable City of South Gate, California. This asset offers investors a rare combination of stable in-place cash flow, favorable rent regulations, and significant upside potential in a high-demand rental market. The property is not subject to local rent control and instead operates under AB 1482 guidelines, allowing for measured rent growth and long-term income optimization.The property features an attractive unit mix of six (2-bedroom/1-bath) units and four (1-bedroom/1-bath) units, a configuration that appeals to a wide range of tenants including families, working professionals, and long-term renters. Onsite parking enhances tenant convenience and supports consistently strong occupancy levels. Additionally, the existing carport provides an excellent opportunity for future ADU development, offering investors a value-add component to further increase revenue and overall asset value.Located in Southeast Los Angeles County, South Gate is a thriving community known for its strong rental demand and central location. Residents enjoy close proximity to major retail centers, dining, parks, and employment hubs, including the popular South Gate Towne Center. The property also benefits from exceptional freeway access via the 710 and 105 Freeways, providing convenient commutes to Downtown Los Angeles, Long Beach, and surrounding employment corridors. This offering represents an outstanding opportunity to acquire a strategically positioned multifamily asset with long-term growth potential in a resilient Southern California market.
Location
State CA
County Los Angeles
Area Cudahy, South Gate W Of 710, Hunt Pk S Of Florence
Zoning SGR3YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Window Unit(s)
Equipment None
Exterior
Parking Features Carport, Uncovered, Garage
Garage Spaces 10.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Remax Commercial and Investment Realty
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