Offered for the first time since 1967, this property is located in an excellent area of South Gate, and boasts a desirable unit mix that consists of: 12-2 Bedroom/1 Bath (1,025 +/- Sq. Ft. ), & 4-2 Bedroom/1.5 Bath Townhouse style units (1,425 +/- Sq. Ft. ). With upside in rents, this is a great Cash Cow investment! Amenities include: Garages, On-Site Laundry, Extremely Large Units and Security Gated Parking. Please drive by only, and do not disturb the tenants.
Multi-familyProperty Type
1964Year Built
0.58 acresLot Size
$117Price/Sq.Ft.
25 spacesParking
Listed by Pat Swanson•DRE #01382974• Colliers Seeley International
Bought with Enrique Viramontes•DRE #01372010• Remax Commercial and Investmen
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.58 Acres
Year renovated
—
Sq. Ft.
4,510
Year built
1964
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
6209002016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Property details
Parking
Parking / Garage Information
# of Parking Spaces: 25
Interior
Kitchen Information
Has Appliances
Unit Type 1 Information
Unit Key Numeric: 1056230
Listing Key Numeric: 5549756
Actual Rent: $1,150
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $13,800
Total # of Units: 12
Unit Type 2 Information
Unit Key Numeric: 1056231
Listing Key Numeric: 5549756
Actual Rent: $1,395
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $5,580
Total # of Units: 4
Expenses
Trash: $3,600
Pest Control: $600
Maintenance: $1,000
Licenses: $250
Insurance: $3,883
Water Sewer: $4,800
Electric: $1,200
New Taxes: $31,273
Gardener: $1,680
Multi-Unit Information
Net Operating Income: $142,549
Average 2 Bed Area: 1,100
Total Building Area: 18,040
Gross Scheduled Income: $236,928
Gross Multiplier: 9.39
Gross Income: $19,520
# Of Separate Water Meters: 4
# Of Separate Gas Meters: 16
# Of Separate Electric Meters: 16
# Of Buildings: 4
Operating Expense Percent: $38
Vacancy Allowance Rate: 3
Vacancy Allowance: 7108
Exterior
Exterior Information
Construction Materials: Brick, Stucco
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 16
Parcel Number: 6209002016
Financial
Lease / Rental Details
Operating Expense: $87,271
Other Expense: $4,000
Other Expense Description: 16000
Tenant Pays: Cable TV, Electricity, Gas
Location
Location Information
Latitude: 33.94840000
Longitude: -118.21275000
Directions: Take the 110 West, Exit Long Beach Blvd and head North. Take Long Beach Blvd to State St. and Vear off to the Right. The property is a 1/2 a mile down on the right hand side, just past Tweedy.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 4,510
Stories: —
Lot Size: 0.58 acres
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: —
County: Los Angeles County
APN: 6209002016
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 116
Continuous Days Active in MLS: 116
Listing Agent Information
List Agent First Name: Pat
List Agent Last Name: Swanson
Listing Office Information
List Office Name: Colliers Seeley International
Selling Agent Information
Buyer Agent First Name: Enrique
Buyer Agent Last Name: Viramontes
Selling Office Information
Buyer Office Name: Re/Max Commercial
Around this home
Schools
K - 12
Preschool & daycare
Madison Elementary School
Public K-5 • Assigned • 0.2mi
6/10
Southeast Middle School
Public 6-8 • Assigned • 0.7mi
3/10
South Gate Senior High School
Public 9-12 • Assigned • 0.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...