10016 CaliforniaSouth Gate, CA 90280
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$4,540NEW 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.
| 7 days ago | Status changed to Active | |
| 7 days ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $995,000 | |
| 2 months ago | Listing first seen on site |
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