Seller's Agent in 2026
Enrique Viramontes
RE/MAX
(213) 233-4363
4 in this area
32 Total Sales
We are proud to present this well-maintained multifamily investment opportunity located in the desirable City of South Gate, California. This asset offers investors a rare combination of stable in-place cash flow, favorable rent regulations, and significant upside potential in a high-demand rental market. The property is not subject to local rent control and instead operates under AB 1482 guidelines, allowing for measured rent growth and long-term income optimization.The property features an attractive unit mix of six (2-bedroom/1-bath) units and four (1-bedroom/1-bath) units, a configuration that appeals to a wide range of tenants including families, working professionals, and long-term renters. Onsite parking enhances tenant convenience and supports consistently strong occupancy levels. Additionally, the existing carport provides an excellent opportunity for future ADU development, offering investors a value-add component to further increase revenue and overall asset value.Located in Southeast Los Angeles County, South Gate is a thriving community known for its strong rental demand and central location. Residents enjoy close proximity to major retail centers, dining, parks, and employment hubs, including the popular South Gate Towne Center. The property also benefits from exceptional freeway access via the 710 and 105 Freeways, providing convenient commutes to Downtown Los Angeles, Long Beach, and surrounding employment corridors. This offering represents an outstanding opportunity to acquire a strategically positioned multifamily asset with long-term growth potential in a resilient Southern California market.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01372010 Listed on: 02/27/2026
Last Buyer's Agent
Remax Commercial and Investment Realty License #01372010 Listed on: 02/27/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Sold | $1,900,000 | -7.3% | $275 / Sq Ft |
| 04/06/2026 04/06/26 | Pending | -- | -- | -- |
| 02/27/2026 02/27/26 | For Sale | $2,050,000 | 0.0% | $296 / Sq Ft |
| 02/09/2026 02/09/26 | Pending | -- | -- | -- |
| 01/15/2026 01/15/26 | For Sale | $2,050,000 | -- | $296 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,211 | $766,671 | $157,297 | $609,374 |
| 2024 | $11,583 | $751,639 | $154,213 | $597,426 |
| 2023 | $11,399 | $736,902 | $151,190 | $585,712 |
| 2022 | $10,916 | $722,454 | $148,226 | $574,228 |
| 2021 | $10,758 | $708,289 | $145,320 | $562,969 |
| 2019 | $10,442 | $687,282 | $141,010 | $546,272 |
| 2018 | $10,181 | $673,807 | $138,246 | $535,561 |
| 2016 | $9,638 | $647,644 | $132,879 | $514,765 |
| 2015 | $9,484 | $637,917 | $130,884 | $507,033 |
| 2014 | $9,517 | $625,422 | $128,321 | $497,101 |
Seller's Agent in 2026
Enrique Viramontes
RE/MAX
(213) 233-4363
4 in this area
32 Total Sales
Source: The MLS
MLS Number: 26639009
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