Refine Search
Map
Sort by
$1,375,000
PW26174944 MLS ⋅ Active Status
We are pleased to present 10621 San Carlos Ave, a six-unit multifamily investment opportunity located in the City of South Gate to market. The property consists of six (6) spacious two-bedroom / one-bathroom units averaging approximately 766 square feet each, situated within a 4,600-square-foot building on a 6,282-square-foot lot. Held and maintained by the same family for over 50 years, the asset represents a rare pride-of-ownership offering with minimal deferred maintenance. The property has benefited from meaningful recent capital investment including a new main electrical panel with six new individual subpanels for each unit (2026), water heater (2026), a reflective silicone roof (2021), and fresh exterior paint with fascia work throughout (2020). Unit D has been fully renovated with new flooring, kitchen, and bathroom achieving $2,050, highlighting the high tenant demand for 2 bedroom units in the area. The units are separately metered for gas and electric, and the property features fully secured and gated parking with six spaces at the rear with no tuck-under component. Priced at $229,167 per unit and $298 per square foot, 10621 San Carlos Ave is offered at a 5.48% current cap rate and an 11.07 current GRM. Current rents sit approximately 25% below market, offering a new investor upside through allowable rent increases and natural turnover. South Gate has not have any municipal rent control, and is governed solely by California's statewide Tenant Protection Act (AB 1482), which currently permits annual increases of up to 8.7%. Combined with recent capital improvements, a solid unit mix, and durable tenant demand throughout South East LA, 10621 San Carlos Ave offers an attractive combination of stabilized in-place cash flow and defined future upside.

10621 San Carlos, South Gate
$2,100,000
OC26034846 MLS ⋅ Active Status
Two buildings, one APN #. Excellent unit mix. 8 units total, 6 2bd/1ba, 1 3bd/1ba and 1 1bd/1ba. Carport parking and 1 car garage. Excellent location, always rented. Rent has lots of upside.

3175 Ohio Avenue, South Gate
$1,800,000
PW26106882 MLS ⋅ Active Status
This is a rare opportunity to secure a valuable multifamily asset in the heart of South Gate with excellent long-term investment potential. This income-producing property offers strong rental potential, a generously sized lot, and a spacious layout with functional floor plans that appeal to a wide range of residents. The property presents an excellent opportunity for both seasoned investors and owner-users seeking stable cash flow with upside potential. Whether added to an existing portfolio or acquired as a first multifamily investment, this 10-unit complex represents a rare chance to own a solid multifamily property in a prime infill location.

2815 Orchard Place, South Gate
$1,200,000
PW26106817 MLS ⋅ Active Under Contract Status
Excellent investment opportunity in the thriving community of South Gate. This well-maintained 6-unit apartment complex features six spacious 1-bedroom, 1-bath units designed for comfortable living and consistent tenant demand. Each unit offers a functional floor plan, creating an inviting atmosphere for residents. The property includes convenient carport parking and additional parking space, providing added value and everyday convenience for tenants. With strong rental upside potential, low-maintenance unit mix, and a prime location in one of Southeast Los Angeles County’s established rental markets, this property is perfect for both seasoned investors and buyers looking to expand their multifamily portfolio.

2811 Orchard Place, South Gate
$1,975,000
OC26034848 MLS ⋅ Active Status
Fabulous 6 unit building with a great unit mix. 1 3bd/1 1/4 bath townhome style apt, 1 2 bd/1 bath townhome style apt, 2 2bd/2 ba apt and 2 1 bd/1 ba units. Carport parking. Rarely vacancies. Laundry onsite, equipment not leased. Excellent location. Walking distance to school, parks and shopping. Not to often will you find a gem like this. Rent is below market.

9643 Mallison Avenue, South Gate
$1,370,000
PW25024499 MLS ⋅ Active Under Contract Status

9308 Mcnerney 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.