Discover 2913 Illinois Ave, a charming triplex nestled in a picturesque, tree-lined residential neighborhood of South Gate, CA. Built in 1948, this well-maintained property exudes character and offers an excellent investment opportunity with stable rental income and room for upside potential. The property features three spacious 1-bedroom, 1-bath units, each with its own private 1-car garage. Recent updates include a freshly painted Unit B with a brand-new wall air conditioner installed in 2024. Additional perks include three individual tankless water heaters, a fenced front yard, and extra storage space at the rear of the property. For investors looking to maximize value, the lot presents an incredible opportunity to build two ADUs (buyer to verify), further enhancing rental income potential. Don’t miss this chance to own a solid income-producing property in a desirable residential neighborhood!
10240 Atlantic Ave, South Gate, CA 90280 presents a rare and versatile mixed-use opportunity ideal for investors, business owners, or live-work buyers. This property offers the best of both worlds: vacant delivery on key units and immediate income from an occupied unit. Property Highlights: • Street-Front Storefront – Delivered Vacant: Highly visible commercial storefront fronting busy Atlantic Avenue, delivered vacant at close of escrow. Ideal for retail, office, service business, or owner-operator looking to establish or expand a business with strong street exposure and signage potential. • Rear Residential Unit – 2 Bed / 1 Bath – Delivered Vacant: Spacious rear 2-bedroom, 1-bath unit also delivered vacant, perfect for owner occupancy, rental at market rates, or extended family living. Quietly positioned away from the main street for added privacy. • Additional 1 Bed / 1 Bath Unit – Income Producing: Well-maintained 1-bedroom, 1-bath unit currently rented for $1,800 per month, allowing buyers to start cash flowing immediately from day one. • Flexible Mixed-Use Configuration: Ideal for an owner-user who wants to run a business up front, live on site, and still generate rental income—or for investors seeking a property with upside through leasing vacant units at market rents. • Strong Location: Situated along Atlantic Avenue in South Gate with close proximity to schools, shopping, public transportation, and major commuter routes, supporting both residential demand and commercial foot traffic.
EXCELLENT INCOME PROPERTY OPPORTUNITY in the heart of South Gate, offered at $1,400,000 with an ABOVE-AVERAGE CAP RATE FOR THE AREA. This property is perfect for 1031 EXCHANGE BUYERS, BUY-AND-HOLD INVESTORS, or OWNER-USERS seeking a multi-unit asset in a HIGH-DEMAND SOUTH GATE RENTAL MARKET. This FOURPLEX OPERATES AS A 6-UNIT INCOME-PRODUCING PROPERTY and offers strong IN-PLACE INCOME WITH UPSIDE POTENTIAL. After MARKET RENT ADJUSTMENTS and leasing the OWNER’S UNIT (DELIVERED VACANT), projected gross income is approximately $122,880 ANNUALLY with an estimated 8.7% GROSS CAP RATE. The OWNER’S UNIT WILL BE DELIVERED VACANT, allowing a new owner to RESET RENT TO MARKET, currently estimated at approximately $3,200 PER MONTH. The remaining units offer an OPPORTUNITY TO INCREASE RENTS BY APPROXIMATELY 8%–10%, providing a clear path to INCREASE CASH FLOW after purchase. This property offers flexibility for an OWNER-OCCUPANT LOOKING TO HOUSE-HACK or an INVESTOR SEEKING FULL RENTAL INCOME, with rental proceeds helping OFFSET OWNERSHIP COSTS while positioning the asset for LONG-TERM APPRECIATION. Situated on an OVERSIZED CORNER LOT, the property features a 2-CAR GARAGE PLUS 2-CAR CARPORT, and is located just minutes from SOUTH GATE PARK, AZALEA SHOPPING CENTER, and the 710 & 105 FREEWAYS. BUYER TO VERIFY ALL INCOME, RENTS, UNIT CONFIGURATION, AND PERMITS TO THEIR SATISFACTION.
Two houses on a lot in South Gate! Front house is 3 bedrooms & 2 bathrooms and the back house is 2 bedrooms and 1 bathrooms with a 2 car garage. Property has a long driveway with plenty of parking available and the property produces good income with room to grow.
Welcome to this unique and spacious 3 homes a a lot property offering ideal for families or as an income-generating investment. Main House inviting features 3 generously sized bedrooms and 2 bathrooms, The interior boasts a large living room complete with a cozy fireplace, perfect for relaxation. The dining room is expansive, making it ideal for hosting family dinners or entertaining guests. The large kitchen is well-equipped and illuminated by recessed lighting, providing a bright and welcoming space for cooking. The property includes a convenient 2-car garage attached to the main house. Upstairs Unit: The upstairs unit offers 1 bedroom and 1 bathroom, making it a perfect retreat or rental space. It features a large living room and a fully equipped kitchen, providing ample space for comfortable living. Downstairs Unit: The downstairs unit is a cozy studio with 1 bathroom. Both units share a 2 car garage, which is located under the upstairs unit. The downstairs unit is a cozy studio with 1 bathroom.
Trust Sale, subject to Court confirmation and over-bidding in Court. For Sale AFTER 56 years! Two side-by-side parcels for sale together. An office building located at 9212 California Ave (MLS#25599609), currently vacant and will be delivered vacant at close of escrow, listed for sale at $300,000, and a 12-unit apartment building at 9222 California Ave. (MLS#25599499), listed separately for $1,500,000. Total combined list price is $1,800,000. Both properties MUST be sold together, and will be subject to overbid in Court together. The 12-unit apartment building consists of 12 x 1 bed 1 bath unit. Existing building is approx. 5,148 SF on approx. 4,164 SF lot, zoned SGCR. 100% leased and separately metered for both gas and electricity. Shared driveway and parking. Minutes away from shopping centers, dining options, schools, entertainment, public transportation, and I-710. Sold AS IS and WHERE IS with all faults, and without warranty, express or implied and with current tenants in place. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
Discover this rare 8-unit apartment investment located in the heart of South Gate. Built in 1946, this well-maintained property offers 5,315 SF of rentable space on a 11,572 SF lot, providing a balanced mix of vintage charm and future upside potential, with potential for Seller Financing. This property is strategically positioned in a dense rental market, benefiting from strong tenant demand and historically low vacancy rates. With a competitive asking price, investors have the opportunity to secure stable in-place income with room to improve rents over time and drive future value. Whether you’re a seasoned multifamily investor or a 1031 exchange buyer looking for a secure, income-producing asset, 3164 Cherokee Ave offers the ideal combination of cash flow, upside, and location. Key Highlights: Seller Financing Potential Unit Mix: Four 2Bed+1Bath and Four 1Bed + 1Bath Single Story Layout w/Potential For ADU(s) Strong Cap Rate (Actual): 5.30% with +/-41.12% Rental Upside No Municipal Rent Control (buyer to verify)
Presenting an exceptional multifamily investment opportunity in the City of South Gate. The property features an attractive mix of predominantly single-story, two-bedroom units, each enhanced with recently renovated kitchens. With no local rent control and only AB 1482 rent caps, investors benefit from favorable operating conditions. The asset's large lot and onsite garage parking offers potential investors future ADU development possibilities. Boasting a Walk Score of 85, residents enjoy convenient access to Plaza Mexico, the 105 Freeway, and a variety of nearby amenities, making this a desirable and well-located asset.
Welcome to this a first time home buyer opportunity where you can live in a separate detached unit and have an amazing investment opportunity while collecting rental income from the additional three units. This well maintained property includes four units each home consists of 2 bedroom and 1 bathroom. The units are spacious with large kitchens and living rooms. Two of the units are individual freestanding while the reaming two are attached. This very spacious 8,585 lot has plenty of open space and includes 5 large one car garages and a spacious laundry room where you can earn additional income from the coin operated laundry machines. The property is located in a very quiet residential neighborhood with a very good mix of single family residences. There is plenty of off street parking for your convenience. Please inquire for additional details and information. "DO NOT DISTURB THE OCCUPANTS."
For the first time in over 30 years, this duplex is being offered to the market. Perfect for investors looking for upside potential or buyers looking to live in one unit while generating rental income from the other unit, this property offers both flexibility and long-term value.The front unit features 1 spacious bedrooms and one full bathroom, while the rear unit offers a comfortable one-bedroom, one-bathroom layout—ideal for steady rental demand.Nestled in the heart of South Gate, residents will enjoy proximity to sports facilities, community events, shopping centers, and the vibrant local dining scene. With convenient freeway access, commuting throughout the area is a breeze.An added bonus: this property also presents the unique opportunity to purchase 9714—a triplex next door—separately, giving you the potential to expand your investment portfolio side by side. Don’t miss out on this exceptional chance to own a piece of South Gate’s thriving market!
5-unit multifamily asset located South Gate, CA, a centrally positioned, commuter-friendly city. This property offers stable income with rental upside, strong tenant demand. Investors do not miss this great income opportunity!!!
**PRICE IMPROVEMENT** Whether you're looking to expand your real estate portfolio or embark on your first investment venture, this mixed-use commercial/residential property in the City of South Gate is brimming with potential. The ground floor consists of a barbershop (current rent $1,350), a fitness studio (vacant) and a 3 bedroom apartment on the second floor (current rent $1,835). With 5 parking spaces located at the rear of the property and an easement for shared driveway access with neighboring property at 9622 Long Beach Blvd., you will appreciate the ease of access for both customers and residents alike. To respect tenant privacy, we kindly ask that you do not disturb them, Drive by only, SUBJECT TO INTERIOR INSPECTION. Operating Expenses are estimates, Buyer to do their due diligence to satisfy themselves with all aspects of the property. Property to be sold as is with current tenants in place. This unique opportunity MUST be purchased together with the adjacent property at 9612 Long Beach Blvd. MLS # SR25054219, creating even greater possibilities for expansion or redevelopment in this thriving area
**PRICE IMPROVEMENT** Whether you're looking to expand your real estate portfolio or embark on your first investment venture, this mixed-use commercial/residential property in the City of South Gate is brimming with potential. The ground floor consists of a beauty salon (current rent $1,534), a nutrition shop (current rent $1,515) and two apartments on the second floor: 1 bedroom apartment (current rent $1,216) and an additional 1 bedroom apartment (current rent $1,212), With 9 parking spaces located at the rear of the property. To respect tenant privacy, we kindly ask that you do not disturb them, Drive by only, SUBJECT TO INTERIOR INSPECTION. Operating expenses are estimated, Buyer to do their due diligence to satisfy themselves with all aspects of the property. Property to be sold as is with current tenants in place. This unique opportunity MUST be purchased together with the adjacent property at 9616 Long Beach Blvd. MLS # SR25053980, creating even greater possibilities for expansion or redevelopment in this thriving area.
Welcome to 9320 Long Beach Blvd, a prime mixed-use property located in the heart of South Gate, CA. This beautifully updated building offers a unique combination of residential and commercial spaces, providing endless potential for both living and business opportunities. The property features three fully renovated residential units: two 1-bedroom, 1-bath units, and one spacious 2-bedroom, 1-bath unit. Each of these homes is outfitted with top-tier finishes and equipped with central air conditioning and heating, ensuring year-round comfort and luxury. The commercial space is a standout, currently vacant large, soon to be thriving restaurant. The restaurant boasts a generous dining area, perfect for hosting guests, along with ample parking for customers and staff. Located on a high-traffic street, this property enjoys exceptional visibility, making it an ideal location for both residential tenants and commercial business alike. Whether you're looking for a solid investment or a property that offers both business and residential income potential, 9320 Long Beach Blvd is an opportunity you don’t want to miss.
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.
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.
Great Location! Cash Flow Machine! 8 Plex, All 1 Bedroom 1 Bath Units, 1 Car Garage Per Unit, On Site Laundry Room, Good Condition...
South Gate is located in California. South Gate, California has a population of 93,308. South Gate is more family-centric than the surrounding county with 32.63% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in South Gate, California is $59,647. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in South Gate is 33.3 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 48.5 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
