$2,390,000
Est. payment /mo
5,362 SqFt
Pending
10348 California Avenue South Gate, CA 90280
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,362 sqft
Price per Sqft $445
MLS Listing ID CL25589119
HOA Y/N No
Year Built 1959
Lot Size 8,322 Sqft
Acres 0.19
Property Sub-Type Other
Property Description
This 12-unit multifamily community, ideally situated in the City of South Gate, offers investors a compelling opportunity in a strong rental market. 10348 California Ave is not subject to any city rent control and is subject only to AB 1482 statewide regulations, allowing for flexibility in managing rental growth. The property offers an attractive unit mix of eleven (11) one-bedroom apartments and one (1) two-bedroom apartment. Residents benefit from onsite gated parking and the building's excellent location along California Avenue, a desirable pocket within South Gate. With significant and achievable upside in rental income, this property presents both immediate stability and long-term value-add potential for discerning investors.
Location
State CA
County Los Angeles
Zoning SGCR
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6223002004
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Listed by Enrique Viramontes • Remax Commercial and Investment Realty
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289