$995,000

10016 California, South Gate, CA 90280

  • 5 beds
  • 2,809 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $354/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

NEW PRICE! This 4-unit multi-family property in South Gate offers immediate income with a current 6.18% CAP Rate and is priced to sell at $995,000. 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.

Listing Status:
Active
Date Added:
September 16, 2025 at 05:00AM
Listing Office:
RE/MAX 2000 REALTY : 626-956-0188
Listing Agent:
Kristopher German : 626-427-0786
MLS ID:
CRCV25217828
  • Laundry: Common Area
  • General: Other
  • Parking: AssignedOther
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: SGCR6223001014
  • View: None
  • Source: CRMLS

This listing courtesy of Kristopher German, RE/MAX 2000 REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

V

Victoria Avenue Elementary

3320 Missouri Ave, South Gate, CA, 90280

Grades KG-5

0.31 miles away

S

South Gate Middle School

4100 Firestone Blvd, South Gate, CA, 90280

Grades 6-8

0.85 miles away

S

South Gate High School

3351 Firestone Blvd, South Gate, CA, 90280

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby