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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 1,025,000
Est. payment /mo
Pending
10016 California South Gate, CA 90280
8,341 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRCV25217828
Year Built 1959
Lot Size 8,341 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Investor Alert! This 4-unit multi-family property in South Gate offers immediate income with a current 6% CAP Rate and is priced to sell at $1,025,000. Featuring desirable single-story construction, the property totals 2,809 rentable sq. ft. on an 8,341 sq. ft. lot. The versatile unit mix includes a spacious 3-Bed/2-Bath detached cottage, two 1-Bed/1-Bath units, and a studio apartment, all highly rentable floor plans. Tenants benefit from onsite garage and open parking, while paying their own electricity and gas. Additional conveniences include an onsite laundry facility (currently not in use). With no local city rent control and strong tenant demand, this property provides excellent cash-flow potential and long-term upside for savvy investors.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Rooms
Kitchen None
Interior
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces, Attached Garage, Other
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 6223001014
Special Listing Condition Not Applicable
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