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.
For sale
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Price cut: $30K (10/28)
$995,000
10016 California Ave, South Gate, CA 90280
5beds
5baths
2,809sqft
Est.:
Quadruplex
Built in 1959
-- sqft lot
$1,010,300 Zestimate®
$354/sqft
$-- HOA
What's special
Single-story constructionStudio apartment
- 60 days |
- 416 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 08:36am
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV25217828
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,809
- Total interior livable area: 2,809 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Door-Multi, Driveway, Garage, Paved
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: None
Lot
- Size: 8,341 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6223001014
- Zoning: SGCR*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks
Location
- Region: South Gate
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $1,082,016
- Annual tax amount: $14,160
- Date on market: 9/16/2025
- Cumulative days on market: 61 days
- Listing terms: Cash to New Loan
- Total actual rent: 6898
- Tenant pays: Electricity, Gas
Estimated market value
$1,010,300
$960,000 - $1.06M
$2,498/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listed for sale | $995,000$354/sqft |
Source: | ||
| 11/13/2025 | Pending sale | $995,000$354/sqft |
Source: | ||
| 10/28/2025 | Price change | $995,000-2.9%$354/sqft |
Source: | ||
| 10/13/2025 | Pending sale | $1,025,000$365/sqft |
Source: | ||
| 9/16/2025 | Listed for sale | $1,025,000+286.8%$365/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,160 +2.5% | $1,082,016 +2% |
| 2024 | $13,821 +146.4% | $1,060,800 +187.6% |
| 2023 | $5,609 +4.5% | $368,882 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,101/mo
Principal & interest
$4791
Property taxes
$962
Home insurance
$348
Climate risks
Neighborhood: 90280
Nearby schools
GreatSchools rating
- 6/10Victoria Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10South Gate Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10South Gate Senior High SchoolGrades: 9-12Distance: 0.9 mi
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