South Gate Homes with Apartment Subtype

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Newest South Gate Homes with Apartment Subtype

$1,699,000

DW26188832 MLS ⋅ Active Status

**PRIDE OF OWNERSHIP** Beautifully Maintained 6 unit complex across from South Gate Park, Azalea Center and Transportation. **1st time on market in 47 years!! RE-PIPE entire building 2022 / New dual pane windows 2016 / New exterior paint 2016 / New Roof 2010 / New Synthetic Grass in front 2020 / New Vinyl fencing 2022 / Unit A - Ideal for owner Large 2 bd. 1 1/2 ba, Den, Fireplace completely remodeled 2020 / Unit B - 2 br. 1 ba completely remodeled 2017 / Unit C 2 br. 1 ba completely remodeled 2026 / Unit D - 2 br 1 ba completely remodeled 2020 / Unit E 2 br. 1 ba / Unit F 2 br. 1 ba completely remodeled 2022. Carport Parking listed as total 6 spaces ( 5 spaces are tandem parking and can fit 2 small cars each space) Laundry Room on site. This Great Building offers Low Deferred Maintenance making it a stabilized and well positioned asset in a strong rental market. With asking price of $1,699,000 the property offers a current Cap Rate of 6.79% and a GRM of 11.5 **Drive by Only!!** DO NOT DISTURB TENANTS! Subject to interior inspection with accepted offer only! Information deemed reliable but not guaranteed. All representations, measurements, and specifications are subject to independent verification. Buyer must perform their own due diligence regarding all aspects of the property, included but not limited to utility connections, zoning compliance, environmental factors, and structural integrity. Seller and listing broker make no warranties, expressed or implied.

8981 Hildreth Avenue, South Gate

$1,150,000

PW26182260 MLS ⋅ Active Status

Cash Cow!! Well kept 4-unit building with brand new 2-bedroom ADU at the rear of the property with stacked laundry closet and split-system heating and cooling. Front building units were remodeled at one time. Great investment property situated close to schools, shops & public transportation.

8939 Elizabeth Avenue, South Gate

$1,375,000

PW26174944 MLS ⋅ Active Status

We are pleased to present 10621 San Carlos Ave, a six-unit multifamily investment opportunity located in the City of South Gate to market. The property consists of six (6) spacious two-bedroom / one-bathroom units averaging approximately 766 square feet each, situated within a 4,600-square-foot building on a 6,282-square-foot lot. Held and maintained by the same family for over 50 years, the asset represents a rare pride-of-ownership offering with minimal deferred maintenance. The property has benefited from meaningful recent capital investment including a new main electrical panel with six new individual subpanels for each unit (2026), water heater (2026), a reflective silicone roof (2021), and fresh exterior paint with fascia work throughout (2020). Unit D has been fully renovated with new flooring, kitchen, and bathroom achieving $2,050, highlighting the high tenant demand for 2 bedroom units in the area. The units are separately metered for gas and electric, and the property features fully secured and gated parking with six spaces at the rear with no tuck-under component. Priced at $229,167 per unit and $298 per square foot, 10621 San Carlos Ave is offered at a 5.48% current cap rate and an 11.07 current GRM. Current rents sit approximately 25% below market, offering a new investor upside through allowable rent increases and natural turnover. South Gate has not have any municipal rent control, and is governed solely by California's statewide Tenant Protection Act (AB 1482), which currently permits annual increases of up to 8.7%. Combined with recent capital improvements, a solid unit mix, and durable tenant demand throughout South East LA, 10621 San Carlos Ave offers an attractive combination of stabilized in-place cash flow and defined future upside.

10621 San Carlos, South Gate

$2,100,000

OC26034846 MLS ⋅ Active Status

Two buildings, one APN #. Excellent unit mix. 8 units total, 6 2bd/1ba, 1 3bd/1ba and 1 1bd/1ba. Carport parking and 1 car garage. Excellent location, always rented. Rent has lots of upside.

3175 Ohio Avenue, South Gate

$1,800,000

PW26106882 MLS ⋅ Active Status

This is a rare opportunity to secure a valuable multifamily asset in the heart of South Gate with excellent long-term investment potential. This income-producing property offers strong rental potential, a generously sized lot, and a spacious layout with functional floor plans that appeal to a wide range of residents. The property presents an excellent opportunity for both seasoned investors and owner-users seeking stable cash flow with upside potential. Whether added to an existing portfolio or acquired as a first multifamily investment, this 10-unit complex represents a rare chance to own a solid multifamily property in a prime infill location.

2815 Orchard Place, South Gate

$1,975,000

OC26034848 MLS ⋅ Active Status

Fabulous 6 unit building with a great unit mix. 1 3bd/1 1/4 bath townhome style apt, 1 2 bd/1 bath townhome style apt, 2 2bd/2 ba apt and 2 1 bd/1 ba units. Carport parking. Rarely vacancies. Laundry onsite, equipment not leased. Excellent location. Walking distance to school, parks and shopping. Not to often will you find a gem like this. Rent is below market.

9643 Mallison Avenue, South Gate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.