BACK ON THE MARKET! Excellent 7-unit apartment investment opportunity in the high-demand South Gate rental market. Priced at just $157,143 per unit, the property features 100% single-story construction and an attractive unit mix consisting entirely of 1-bedroom/1-bath units. Current rents offer approximately 46% upside, providing investors with significant potential to increase income over time. Additional property features include ample on-site parking with 10 parking spaces and capacity for up to 11-12 vehicles, per Seller, along with additional on-site storage. The property is situated on an approximately 8,998 SF lot and is subject to AB 1482 with no local rent control. An attractive value-add opportunity at a low cost per unit in a strong infill rental market.
For sale
$1,100,000
8181 Commercial Pl, South Gate, CA 90280
7beds
7baths
2,948sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$373/sqft
$-- HOA
What's special
- 13 days
- 169
- 7
Zillow last checked:
Listing updated:
Listed by:
Nicholas Petrosian DRE # 01462598 949-607-7096,
Remax Commercial and Investment Realty 213-817-1000
Source: CLAW,MLS#: 26875519
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 2,948
- Total interior livable area: 2,948 sqft
Property
Parking
- Total spaces: 10
- Parking features: Parking Space
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,999 Square Feet
Details
- Additional structures: Other
- Parcel number: 6211024016
- Zoning: SGR4YY
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1923
Community & HOA
Location
- Region: South Gate
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $1,070,000
- Date on market: 8/21/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,318/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $1,100,000$373/sqft |
Source:  CLAW #26875519 Report a problem | ||
| 8/23/2026 | Contingent | $1,100,000$373/sqft |
Source: CLAW #26875519 Report a problem | ||
| 8/21/2026 | Listed for sale | $1,100,000$373/sqft |
Source: CLAW #26875519 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,091,400 +2% |
| 2025 | $14,784 +36.9% | $1,070,000 +43.8% |
| 2024 | $10,802 +1.7% | $744,086 +2% |
| 2023 | $10,626 +4.6% | $729,524 +2% |
| 2022 | $10,159 +1.2% | $715,248 +2% |
| 2021 | $10,038 -0.7% | $701,252 +1% |
| 2020 | $10,109 | $694,077 +2% |
| 2019 | $10,109 +6.4% | $680,496 +2% |
| 2018 | $9,503 | $667,181 +2.2% |
| 2017 | $9,503 +2.5% | $652,727 +2% |
| 2016 | $9,268 +2.5% | $639,929 +1.5% |
| 2015 | $9,043 +1.4% | $630,318 +2% |
| 2014 | $8,920 | $617,972 +2.5% |
| 2012 | -- | $603,120 +2% |
| 2011 | -- | $591,295 +2.5% |
| 2008 | -- | $576,737 +4% |
| 2006 | -- | $554,343 |
| 2005 | -- | $554,343 +70% |
| 2003 | -- | $326,000 +21.2% |
| 2002 | -- | $269,000 +7.6% |
| 2000 | -- | $250,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 90280
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