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.
MLS #
CRCV25217828
MLS Source
California Regional MLS
Days on Site
2
Kitchen
None
Roof
Shingle
Pool
None
Garage/Parking
Assigned Spaces, Attached Garage, Other, Garage: 2 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 4 |
10016 California is a Residential Income in South Gate, CA 90280. This – square foot property sits on a 8,341 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,025,000 and was built in 1959.
This address can also be written as 10016 California, South Gate, CA 90280.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 17, 2025. For the most current information, please contact Kristopher German, (626) 427-0786