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$1,499,999
DW26022544 MLS Active Status
We are pleased to present a rare opportunity to acquire a well-maintained 6-unit multifamily property located in the City of South Gate. The property consists of a two-story building with three units on each level, offering a total of approximately 3,960 sq. ft. of living space on a 7,240 sq. ft. lot. The unit mix includes four (4) one-bedroom, one-bath units and two (2) two-bedroom, one-bath units. Each unit is separately metered and includes one assigned carport parking space. Additionally, the property features an on-site laundry room, providing an extra source of passive income. This building has been thoughtfully upgraded to meet insurance inspection requirements, making it a strong, low-maintenance investment. Major capital improvements include a roof approximately 5 years old, new plumbing throughout the building completed approximately 2 years ago, and interior upgrades in select units, including newly tiled walls and flooring. All six units are equipped with individual fuse boxes, and the main electrical panel was upgraded, along with five new subpanels installed within the last year. The property offers a strong value-add opportunity through rent optimization and continued operational efficiencies. Current rents reflect an approximate 4.06% cap rate, providing immediate, stable cash flow. With strategic rent adjustments to align with market rents, the property demonstrates the potential to achieve an estimated 8% cap rate, significantly enhancing long-term returns. Given the building’s recent capital improvements the asset is well positioned for rent growth with minimal additional capital expenditure. The favorable unit mix of one- and two-bedroom units supports strong tenant demand in the South Gate rental market. Conveniently located near Firestone Blvd and Tweedy Blvd, the property offers excellent access to local amenities. The Azalea Regional Shopping Center is just a 7-minute drive, Northgate González Market is approximately 2 minutes away, and South Gate Park is within a 10-minute drive. The 710 and 105 freeways are nearby, providing easy commuter access throughout Los Angeles County. Drive-by only. Please do not disturb tenants. PC: Quinn Media

9723 San Juan, South Gate

$724,900
3 Beds 2 Baths PW26018807 MLS Active Status
Welcome to 10525 Washington Avenue is a beautiful mid-century, mid-size home is located in a quiet, highly desirable area of South Gate. The home features 3 bedrooms and 2 bathrooms, including a private ensuite primary bedroom with a full bath, spacious closet, and separate access to the backyard. Enjoy an updated kitchen with ample cabinetry and counter space, hardwood floors, plantation shutters, recessed lighting, dual-pane windows, a 100-amp electrical panel, HVAC, and a cozy fireplace. The spacious living and dining areas offer a warm, open feel—perfect for everyday living and entertaining. Outside, you’ll find a detached two-car garage and a large finished laundry room, ideal for extra storage or future potential, including the option to convert the garage into an ADU. This home is a true gem—well-preserved, full of character, and move-in ready. Come see for yourself!

10525 Washington Avenue, South Gate

$775,000
WS25251766 MLS Active Status
Prime Commercial Property for Sale or Lease in South Gate! Discover the perfect setting for your thriving business with this exceptional free-standing building located in the vibrant heart of South Gate on Atlantic Avenue. Offering a generous 2,022 square feet of versatile space, this property is ideally situated to maximize visibility and accessibility, being conveniently located near the 710 freeway. Features include: 1. Strategic Location: Nestled in a bustling area, the building benefits from high foot traffic and excellent visibility, making it an ideal spot for any business looking to establish or expand its presence. 2. Versatile Space: With a spacious and adaptable interior, this property is perfectly suited for a variety of uses such as a laundromat, medical office, retail store, or real estate office, among others. 3. Ample Parking: A dedicated parking lot at the rear of the building provides 9 parking spaces, ensuring convenience for both customers and employees. 4. Flexibility: Available for sale or lease, this property offers flexible options to meet your business needs. Whether you're looking to invest in a prime location or searching for the perfect spot to lease for your business, this property offers an unparalleled opportunity to capitalize on South Gate's dynamic commercial landscape. Don't miss out on the chance to make this versatile building the home of your next successful venture.

10309 Atlantic Avenue, South Gate

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.