South Gate Real Estate Search

South Gate Multi-Family Properties for Sale

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Newest South Gate Multi-Family Homes for Sale

$775,000
PW23176588 MLS ⋅ Active Status
Duplex in City of South Gate. Two 2-bedroom units with garages at rear of property.

8461 Garden View Avenue, South Gate
$759,000
4 Beds ⋅ 3 Baths ⋅ 23313205 MLS ⋅ Active Status
Highly desirable 2-on-1 lot DUPLEX in prime City of South Gate. Front unit is a 3bd+2bth with a private laundry room. Units have been updated within the last 10 years. Rear unit is a 1bd+1bth and features a remodeled, modern kitchen with granite countertops and hardwood floors in the living room. Property offers plenty of parking with a large 2-car garage and long driveway to accommodate multiple vehicles. Gas and electric are separately metered. Located walking distance to Twenty Blvd shopping and restaurants. Great investment opportunity!

9824 San Antonio Avenue, South Gate
$1,100,000
PW23174950 MLS ⋅ Active Status
4 large units on an extra large lot (9,679 sq. ft.). Cash Cow with Garages at rear of lot.

9234 San Juan Avenue, South Gate
$1,195,000
4 Beds ⋅ 4 Baths ⋅ 23311053 MLS ⋅ Active Status
Incredible Non-Rent Control 4-unit Investment or Owner-User opportunity cash flowing at an amazing 5.6% Cap Rate and 12.6 GRM from Day 1! All 4 units have been completely stripped down to the studs, renovated with permits, and include brand new roofs, electrical systems, copper plumbing, windows, cabinets, flooring, lighting fixtures, bathrooms, and kitchens. Plus washer/dryer hookups in all units, new water heaters as well as HVAC systems. Additional Upside to 6.2% Cap Rate and 11.9 GRM on proforma. Non-Rent Control area allowing for 8.8% annual increases (5% + CPI). The property is located in South Gate which is an excellent up-and-coming area close to schools, restaurants, shopping centers, and entertainment options - just blocks from Azalea Shopping Center which hosts Walmart, Starbucks AltaIn-N-Out Fridays Wingstop, and more. It's great to have access to the 710, and 105 freeways which will take you easily to Downtown LA or the beach!

8994 Mcnerney Avenue, South Gate
$1,395,000
SB23163200 MLS ⋅ Active Status
We are pleased to exclusively offer for sale this 5 unit multi-family investment located in the City of South Gate. The subject property features an outstanding Unit Mix of (1) 2 Bed/2 Bath Front House w/ Garage Parking, (2) 2 Bed/1 Bath Unit(s), and (2) 1 Bed/1 Bath Unit(s) for a total rentable square footage of 3,180 SF. Priced at a 5.65% CAP and 11.80 GRM on Current, In-Place Rents, this offering serves as an excellent opportunity for, not only those coming out of a 1031 Exchange, but for any astute investor looking to generate healthy Day 1 cash flow in a burgeoning submarket. Further, the property – and its tenants – have benefitted from over $200k in Capital Expenditures (CAP X) over the last (2) years, which include consistent upgrades throughout each unit and significant attention to detail on all big ticket items. Each unit is separately metered for gas and electricity, and the landlord is responsible for paying water and trash. In addition, ownership has implemented an efficient RUBS system as an effective way to offset volatile utility expenses and generate additional income subject to occupancy. This large, 8,559 SF Lot boasts a Walk Score of 88 (“Very Walkable”) and is strategically located just (2) lots down from Madison Elementary School, and within a 1 Mi Radius of (10) other schools in the area. These factors have played a major role in the submarket’s outstanding rent growth and low vacancy rates that have consistently consistently outpaced Los Angeles County as a whole over the last (5) years, and will continue to drive the underlying demographics that forecast a continuance of that trend. There’s a reason that NO other (5+) Unit APT buildings have sold within a 0.5 mi radius over the past calendar year.

9800 Madison Avenue, South Gate
$3,200,000
DW23161883 MLS ⋅ Active Status
Discover a hidden gem in South Gate - 12 garden-style apartment units offering a nice mix of six 1 bedroom, 1 bath layouts and six cozy studios. Property comes with rare 12 convenient garage spaces. Also has two utility rooms that could possibly be converted into laundry rooms. Located near schools and shopping centers. This property not only promises convenience but also captivates people with its charming exterior.

3355 Independence Avenue, South Gate
$795,000
DW23157188 MLS ⋅ Active Status
Nice property with 2 separate houses: front has 2 bedrooms, 1 bath and laundry room...built in 1925. Back house has 4 bedrooms, double garage, laundry room....built in 1998.

5147 -5149 Wood Avenue, South Gate
$775,000
AR23151861 MLS ⋅ Active Status
Presenting the opportunity to acquire 2913 Illinois Ave, a triplex located on a tree-lined residential neighborhood in South Gate, CA. The well-maintained property was built in 1948 and renovated in 2015. The property features three 1 bedroom + 1 bath units, with each unit also having a 1-car garage. Tenants enjoy the convenience of onsite laundry facilities and the privacy of a fenced front yard. The property boasts long-term tenants with stable rental income, and has the opportunity for upside potential.

2913 Illinois Avenue, South Gate
$1,100,000
IV23138544 MLS ⋅ Active Under Contract Status
REDUCED PRICE: 3029 Tweedy Blvd., Southgate, CA – Unique Mixed-Use Property. A distinctive investment opportunity in the vibrant community of Southgate. This mixed-use property is comprised of four one-bedroom, one-bath units, one studio, and a storefront facing the bustling main street of Tweedy Boulevard.Storefront Positioned on the prominent Tweedy Boulevard, the retail space offers excellent visibility, perfect for a thriving business. Four One-Bedroom Units:** Each of the four units features one bedroom and one bath, providing comfortable living spaces. This is an exceptional find in Southgate. Whether you envision a thriving storefront with residential income or a multi-family property with a commercial edge, the potential here is vast.-Prime Location:** Situated in a lively neighborhood, the property offers easy access to shopping, dining, entertainment, and transportation.-Investment Potential:** With a combination of commercial and residential spaces, this property offers a unique investment opportunity with endless possibilities. IT WON'T LAST.....

3029 Tweedy Boulevard, South Gate
$1,295,000
13 Beds ⋅ 6 Baths ⋅ 23293805 MLS ⋅ Active Under Contract Status
Mixed-Use Investment Opportunity - 2 Retail Stores + 6 Apartment Units | 10.30% Pro-Forma Cap Rate & 6.74 Pro-Forma GRM | 5.87% Current Cap Rate & 9.85 Current GRM | 6,088-SF of Rentable SF* on a Large 11,016-SF Lot | Value-Add Investment - Opportunity for Investor to Lease Retails Spaces to New Tenants at Market Rate | Most Units Contain Individual Hot Water Heaters & Washer/Dryer Hook-Ups | Apartment Units Comprised of (Two) 3-Bedroom/1-Bathroom Units, (Three) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Units | No Local Rent Control - Defaults to AB 1482 | Retail Stores Consists of 1,338 SF | Located on a Major Thoroughfare of South Gate | Great Frontage for Retail Stores on Paramount Boulevard | High Visibility & Heavily Trafficked - Over 33,840 Vehicles Per Day

13206 Paramount Boulevard, South Gate
$650,000
4 Beds ⋅ 2 Baths ⋅ 23293693 MLS ⋅ Active Under Contract Status
Two Stand-Alone Houses on 6,240-SF Lot | Highly Desirable South Gate Location | No Local Rent Control - Defaults to AB 1482 | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units | Private Front Yards for Each Unit | Residential Asset - Perfect Owner-User OpportunityTwo Garages | Tremendous Value-Add Opportunity - Approximately 64% in Rental Upside | 6.45% Pro-Forma Cap Rate & 11.05 Pro-Forma GRM | Qualifies for Residential Financing

8023 Golden Avenue, South Gate
$1,418,000
6 Beds ⋅ 5 Baths ⋅ 23286571 MLS ⋅ Active Under Contract Status
COURT IS SET FOR 10-20-2023! THE OPENING BID WILL BE $ 1,418,000. See agent remarks for more information on overbidding. Incredible opportunity to own this four-plex property in the heart of South Gate. The main house is currently vacant and would be perfect for an owner-occupier who wants to live on site and collect rental income from tenants. The grounds include a fenced in yard, shaded porches and three private garages. Property has great upside potential for new owner with value add opportunities. Property is being sold as-is. This is a probate sale subject to court confirmation. * Rental income is based on actual rent of 3 units + projection of $3,000/monthly for the Single Family Residence. Owner pays for common area utilities only, renters to pay for their individual utilities.

2905 Kansas Avenue, South Gate
$888,988
RS23117560 MLS ⋅ Active Under Contract Status
Great triplex in South Gate. Live in one and rent the other two. This property has awesome potential for the first-time home buyer. 3 car garage with 3 extra parking. Property is close to the 105 FWY and 110 FWY. Minutes from downtown Los Angeles.

9231 San Gabriel Avenue, South Gate
$925,000
RS23117545 MLS ⋅ Active Status
BUY TO HOLD AS RENTALS OR TO LIVE IN. FRONT UNIT FRESHLY PAINTED WITH NEW FLOORING THROUGHOUT NEW TILE IN THE BATHROOM FEATURES NEW KITCHEN COUNTER TOP ABSOLUTELY BEAUTIFUL. LONG TERM TENANTS PAY VERY LOW RENTS. FRONT BUILDING IS A 2BEDROOM 1 BATH DUPLEX. DETACHED HOUSE IN REAR IS A 1BEDROOM ONE BATH WITH A BONUS ROOM THAT IS BEING USED AS 2ND. BEDROOM. DOUBLE DETACHED GARAGE WITH LAUNDRY ROOM. CARPORT BETWEEN DUPLEX AND REAR HOUSE. FRONT UNIT CAN BE SHOWN BY APPOINTMENT ONLY. OTHERS SUBJECT TO INTERIOR INSPECTION WITH OFFER AND PROOF OF FUNDSAND PREAPPOVAL LETTER FROM LENDER.

9811 San Carlos Ave, South Gate
$938,000
SR23111938 MLS ⋅ Active Status
Great opportunity to start your portfolio.Live in one and rent the rest. This four unit apartment has the potential to add a fith unit a definite diamond in the rough. They are conveniently close to schools groceries, and just 12 miles from Hermosa Beach, Four minutes from the train station. Possibilities are endless.

2431 2433 Ohio Avenue, South Gate
$2,000,000
PW23109776 MLS ⋅ Active Under Contract Status
We are pleased to present 10900 Lillian Lane, an 8 unit existing mulifamily property with further development potential located on a massive 25,737 square foot lot. Zoned CDR2 within the City of South Gate, this allows for mixed or single use development of multifamily of up to four stories (50 feet), with bonus allowances of up to five stories. (60 feet). The current density minimum for a building of this zoning is 21 unit per acre, a maximum of 32 units per acre, and a maximum/w bonus of 85 units per acre. Standard setbacks for this site are going to be 10 feet away from the existing building and 10 feet from the street. Lillian Lane is located on the east side of the 710 and is within one block of the city of Downey. Residents of Lillian Lane benefit being in the city of Downey School district. The current layout of the property are two identical triplex's contiguous of each other consisting of all one bedroom units. South of the property are two detached houses consisting of a 930 Square foot 2 bed/1 bath stand alone house, and a 1,917 square foot 3 bed/2 bath house. To the south of this is a detached gazebo structure, a two car detached garage, and a small stand alone structure. This part of the lot could be utilized for further development detailed in the development opportunities section. The current rents are substantially below market. A new investor has a few options including renovating current buildings and raising rents to market, demolishing the entire building and building a larger single structure, or keeping the existing building and building additional units in the rear of the property.

10900 Lillian Lane, South Gate
$1,150,000
OC23084336 MLS ⋅ Active Status
Great investment opportunity in South Gate! This property includes a detached front house with 2 large bedrooms, 1 bath, a large living room with a cozy fireplace and a detached 2-car garage. Unit A includes 3 bedrooms, 2 up, 1 down with downstairs den/dining room, large master bedroom, ceiling fans, recessed lighting, nice kitchen with breakfast counter, and a garage. Unit B has 2 bedrooms, 1 bath, 1-car garage, a spacious living room and 9 ft ceilings. Don't miss out on this opportunity!

2789 Laurel Place, South Gate
$5,100,000
PW23063920 MLS ⋅ Active Status
Combined sale of 8401 and 8185 California Avenue and 3473 Liberty Boulevard in South Gate, California. The offering consists of 21 multifamily and two retail units on three parcels, two of which are adjacent and the other is across the street. This is an excellent opportunity to acquire an asset with a diverse unit mix in a strong rental market with low vacancy and the potential to capture 40 percent rental upside. Furthermore, one of the retail spaces may be converted to an apartment unit. The properties comprise seven buildings with a mix of nine one-bedroom units, 10 two-bedroom units, two three-bedroom units, and two retail spaces. The units are separately metered for gas and electricity, and the properties also offer 15 garage spaces and an additional new surface parking space. Recent improvements include a brand new roof (2023) on the duplex at 3473 Liberty Boulevard, new HVAC equipment ($23,500), new concrete steps, and interior upgrades for select units. 3473 Liberty Boulevard may be acquired separately; separate asking price for 3473 Liberty Boulevard is $600,000.

8401 California Avenue, South Gate
$1,950,000
12 Beds ⋅ 6 Baths ⋅ 23251537 MLS ⋅ Active Status
9828 State St is a 6-unit apartment building located in the heart of South Gate offering the opportunity to own a property receiving good rental income and not subject to any local rent control ordinances. Conveniently located just a few short blocks from Long Beach Blvd and Tweedy Blvd, and just a few miles from the 105, 110 and 710 Freeways, this is an opportunity for an investor to own a property in a high demand rental market with strong growth potential. The 5,052 sq ft building sits on a 7,275 sq ft lot that extends from State St to Deeble St and boasts an ideal unit mix of six (6) 2 bed/1 bath units. The main roof was replaced less than ten years ago, while the garage roof was replaced just two years ago. Copper plumbing to the main line and upgraded electrical panels have all been installed within the last 5 years. Several of the units have undergone extensive remodeling. Five car garage parking services the property, accessed through Deeble St in the rear of the parcel.

9828 State Street, South Gate
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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.