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.
Sold for $970,000
Zillow last checked:
Listing updated:
Bought with:
Lucia Rengifo, DRE #01825309
KAM Financial & Realty, Inc.
Source: CRMLS,MLS#: CV25217828
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Sold | $970,000-2.5%$345/sqft |
Source:  CRMLS #CV25217828 Report a problem | ||
| 12/17/2025 | Pending sale | $995,000$354/sqft |
Source: CRMLS #CV25217828 Report a problem | ||
| 11/24/2025 | Listed for sale | $995,000$354/sqft |
Source: CRMLS #CV25217828 Report a problem | ||
| 11/13/2025 | Pending sale | $995,000$354/sqft |
Source: CRMLS #CV25217828 Report a problem | ||
| 10/28/2025 | Price change | $995,000-2.9%$354/sqft |
Source: CRMLS #CV25217828 Report a problem | ||
| 10/13/2025 | Pending sale | $1,025,000$365/sqft |
Source: CRMLS #CV25217828 Report a problem | ||
| 9/16/2025 | Listed for sale | $1,025,000+286.8%$365/sqft |
Source: CRMLS #CV25217828 Report a problem | ||
| 7/5/2002 | Sold | $265,000$94/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$959,000
