
8020 Mckinley Ave South Gate, CA 90280
Hollydale NeighborhoodEstimated payment $10,037/month
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- Laundry Room
- 4-minute walk to All American Park
About This Home
Introducing 8020 McKinley Avenue – Rare South Gate Multifamily Offering on an Expansive Lot
Situated on a generous 11,000 sq. ft. lot, this unique property combines classic charm with modern income potential. Originally built in 1936, the front residence is a beautiful Spanish-style 2-bedroom, 1-bath home showcasing timeless architectural details, original character, and in-unit laundry.
In 1991, a substantial fourplex was added to the rear of the property, offering excellent rental income and long-term value. Each of the four units includes: Two-car garages, in-unit laundry, two townhome-style units: 2 bed / 1.5 bath and two single-level units: 2 bed / 1 bath
The property has been well maintained, featuring all new windows and an excellent tenant base that takes pride in their homes.
Located in the desirable South Gate/Paramount area—where multifamily properties rarely come to market—this is a rare chance to acquire a high-quality investment in a strong rental market.
8020 McKinley Avenue offers the perfect blend of historic charm, modern convenience, and steady income potential.
Listing Agent
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 08/09/2025
Co-Listing Agent
eXp Realty of California Inc Brokerage Phone: 562-307-0838 License #02039190
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1991
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 10 Car Garage
Home Design
- Traditional Architecture
- Spanish Architecture
- Apartment
- Raised Foundation
- Tile Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 5,815 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 9363
- Assessor Parcel Number 6264005018
- $2,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Fuel Expense $200
- Gardener Expense $1,200
- Insurance Expense $5,000
- Maintenance Expense $5,409
- Pest Control $600
- Professional Management Expense $5,409
- Trash Expense $1,000
- Water Sewer Expense $1,600
- New Taxes Expense $16,645
- Operating Expense $37,862
- Gross Income $108,180
- Net Operating Income $70,317
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/09/2025 08/09/25 | For Sale | $1,550,000 | -- | $267 / Sq Ft |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25175447

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