$2,400,000

3175 Ohio Ave South Gate, CA 90280

Estimated payment $15,074/month

Total Views 14,440
16 Beds
8 Baths
7,276 Sq Ft
$330 Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • Wood Flooring
  • Attached Carport
  • Legacy High School Complex Rated A-
  • Lawn
  • Block Wall Fence

About This Home

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.

Listing Agent

Kevin Yee

Property Leaders Brokerage Phone: 949-680-5519 License #02154195 Listed on: 02/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Front Yard Sprinklers
  • Lawn
  • Density is 6-10 Units/Acre

Parking

  • 1 Car Garage
  • Attached Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 7,276 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 11948
  • Assessor Parcel Number 6206022028

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $4,200
  • Insurance Expense $6,100
  • Trash Expense $6,381
  • Water Sewer Expense $6,306
  • Operating Expense $57,506
  • Gross Income $168,516
  • Net Operating Income $106,797

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 4.44
  • Price Per Unit: 300000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 6306.00
  • Zoning: SGR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 4200.00
  • Parcel Number: 6206022028
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: side
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 329.85

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 6381.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 13777.00
  • Lot Size Acres: 0.3163

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 168516.00
  • Gross Operating Income: 164303.00
  • Gross Scheduled Income: 168516.00
  • Insurance Expense: 6100.00
  • Lot Size Area: 13777.0000 Square Feet
  • Net Operating Income: 106797.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 57506.00
  • Rent Control: Yes
  • Total Expenses: 57506.00
  • Vacancy Allowance: 4213

Tax Info

  • Tax Census Tract: 5356.05
  • Tax Lot: 8
  • Tax Tract Number: 11948

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2025 02/22/25 For Sale $2,400,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24240652

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County South Gate 90280

3175 Ohio Ave, South Gate, CA

This home is located at 3175 Ohio Ave, South Gate, CA 90280 and is currently priced at $2,400,000, approximately $329 per square foot. This property was built in 1944. 3175 Ohio Ave is a home located in Los Angeles County with nearby schools including Stanford Avenue Elementary School, Southeast Middle School, and South Gate Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Kevin Yee
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Property Leaders
(213) 319-5563