
5194 Duncan Way South Gate, CA 90280
Estimated payment $7,332/month
About This Home
Exceptional Investment Opportunity in Prime South Gate Location! Welcome to 5194 Duncan Way, a rare and highly desirable fourplex nestled in one of South Gate’s most established neighborhoods. This income-generating property offers an ideal blend of stability, upside potential, and location — perfect for seasoned investors or first-time multi-unit buyers. Situated on a well-maintained corner lot, this fully occupied property features four spacious units, each thoughtfully designed with functional floor plans that tenants love. The building includes: (1) Three bedroom one bath. (1) Two bedroom one bath. (2) One bed one bath. Tenants enjoy easy access to schools, enormous South Gate Park, shopping centers(Azalea, e.g.), and major freeways, making this a highly sought-after rental location. With long-term tenants and consistent rental income, this property provides immediate cash flow, plus the opportunity to increase value through future improvements or market-rate rents. Whether you’re looking to expand your portfolio or secure your first multifamily asset, 5194 Duncan Way delivers the perfect combination of location, layout, and long-term potential. Don’t miss your chance to own a proven performer in a thriving rental market.
Listing Agent
Iberri & Associates Real Estate Brokerage Phone: 323-317-6389 License #02049210 Listed on: 04/24/2025
Co-Listing Agent
Iberri & Associates Real Estate Brokerage Phone: 323-317-6389 License #01706744
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,544
Year Built
- Built in 1946
Lot Details
- 6,011 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
Interior Spaces
- 3,285 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 7546
- Assessor Parcel Number 6222030011
- $1,582 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 |
---|---|---|---|---|
2024 | $7,544 | $501,196 | $130,396 | $370,800 |
2023 | $7,424 | $491,370 | $127,840 | $363,530 |
2022 | $7,105 | $481,736 | $125,334 | $356,402 |
2021 | $7,012 | $472,291 | $122,877 | $349,414 |
2020 | $7,058 | $467,860 | $121,618 | $346,242 |
2019 | $6,807 | $458,695 | $119,234 | $339,461 |
2018 | $6,666 | $449,710 | $116,897 | $332,813 |
2016 | $6,316 | $431,855 | $112,358 | $319,497 |
2015 | $6,218 | $425,369 | $110,671 | $314,698 |
2014 | $6,226 | $417,038 | $108,504 | $308,534 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/24/2025 04/24/25 | For Sale | $1,199,777 | -- | $365 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Gift Deed | -- | Gateway Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $285,000 | New Conventional | |
Closed | $325,000 | Fannie Mae Freddie Mac | |
Closed | $201,850 | Unknown | |
Closed | $15,000 | No Value Available |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25090288

APN: 6222-030-011
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