South Gate Properties between $1,000,000 and $1,500,000 for Sale

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Newest South Gate Properties between $1,000,000 and $1,500,000 for Sale

$1,100,000

7 Beds ⋅ 7 Baths ⋅ 26875519 MLS ⋅ Active Status

BACK ON THE MARKET! Excellent 7-unit apartment investment opportunity in the high-demand South Gate rental market. Priced at just $157,143 per unit, the property features 100% single-story construction and an attractive unit mix consisting entirely of 1-bedroom/1-bath units. Current rents offer approximately 46% upside, providing investors with significant potential to increase income over time. Additional property features include ample on-site parking with 10 parking spaces and capacity for up to 11-12 vehicles, per Seller, along with additional on-site storage. The property is situated on an approximately 8,998 SF lot and is subject to AB 1482 with no local rent control. An attractive value-add opportunity at a low cost per unit in a strong infill rental market.

8181 Commercial Place, South Gate

$1,150,000

PW26182260 MLS ⋅ Active Status

Cash Cow!! Well kept 4-unit building with brand new 2-bedroom ADU at the rear of the property with stacked laundry closet and split-system heating and cooling. Front building units were remodeled at one time. Great investment property situated close to schools, shops & public transportation.

8939 Elizabeth Avenue, South Gate

$1,375,000

PW26174944 MLS ⋅ Active Status

We are pleased to present 10621 San Carlos Ave, a six-unit multifamily investment opportunity located in the City of South Gate to market. The property consists of six (6) spacious two-bedroom / one-bathroom units averaging approximately 766 square feet each, situated within a 4,600-square-foot building on a 6,282-square-foot lot. Held and maintained by the same family for over 50 years, the asset represents a rare pride-of-ownership offering with minimal deferred maintenance. The property has benefited from meaningful recent capital investment including a new main electrical panel with six new individual subpanels for each unit (2026), water heater (2026), a reflective silicone roof (2021), and fresh exterior paint with fascia work throughout (2020). Unit D has been fully renovated with new flooring, kitchen, and bathroom achieving $2,050, highlighting the high tenant demand for 2 bedroom units in the area. The units are separately metered for gas and electric, and the property features fully secured and gated parking with six spaces at the rear with no tuck-under component. Priced at $229,167 per unit and $298 per square foot, 10621 San Carlos Ave is offered at a 5.48% current cap rate and an 11.07 current GRM. Current rents sit approximately 25% below market, offering a new investor upside through allowable rent increases and natural turnover. South Gate has not have any municipal rent control, and is governed solely by California's statewide Tenant Protection Act (AB 1482), which currently permits annual increases of up to 8.7%. Combined with recent capital improvements, a solid unit mix, and durable tenant demand throughout South East LA, 10621 San Carlos Ave offers an attractive combination of stabilized in-place cash flow and defined future upside.

10621 San Carlos, South Gate

$1,050,000

HD26157253 MLS ⋅ Active Status

The property boasts a nice unit mix of a 2 bed/1 bath house in the front, plus two 1 bed/1 bath units in the rear. Each unit has a garage.

5237 Duncan, South Gate

$1,295,000

RS26107540 MLS ⋅ Active Status

Prime mixed-use opportunity in the heart of South Gate! This versatile 3,480 sq. ft. property offers exceptional potential for owner-users, investors, or developers seeking commercial, office, and residential flexibility. Situated on a 5,629 sq. ft. lot, the property includes a well-positioned 1-bedroom, 1-bath residential unit in the rear, ideal for live/work use, rental income, or onsite management. Two -2 car Garages with automatic openers, four additional parking spaces and two remote wrought iron gates. Includes both units at 13175, 13177, and the residents at 13179 Paramount Blvd. Positioned in a desirable high-visibility area with convenient access to the 105 and 710 Freeways, this property benefits from strong accessibility and surrounding commercial activity. The flexible mixed-use zoning allows for a variety of business and residential uses, making it an outstanding opportunity for entrepreneurs, professional offices, retail concepts, or income-producing investment strategies. Don’t miss this rare chance to own a centrally located mixed-use property in a thriving South Gate corridor with excellent long-term upside.

13175 Blvd. Paramount, South Gate

$1,500,000

OC26110915 MLS ⋅ Active Under Contract Status

This rare 7-unit apartment investment opportunity in South Gate offers investors a well-maintained income property with strong upside potential in one of Southern California’s consistently high-demand rental markets. Built in 1951, the property features approximately 5,466 square feet of rentable space situated on a spacious 19,229 square foot lot. Strategically positioned in a dense rental corridor with historically low vacancy rates, the property provides stable in-place income with the opportunity to increase rents over time and enhance long-term value. The attractive layout features all single-story detached units, creating a desirable living environment for tenants while minimizing shared walls and maximizing privacy. The versatile unit mix consists of: • Two (2) 1-Bedroom / 1-Bath detached units, each with an attached garage • Five (5) 2-Bedroom / 1-Bath detached units Additional improvements include two rear garage structures offering a total of (6) garages, along with open onsite parking for tenants. Tenants pay their own gas and electricity, helping reduce owner operating expenses. The property spans two separate lots, with one parcel containing four units and the second parcel containing three units and additional parking areas. A long private driveway enhances tenant privacy and provides convenient access throughout the property. With no local city rent control, strong tenant demand, and significant long-term upside potential, this is an exceptional opportunity for investors seeking dependable cash flow and future appreciation in a highly sought-after rental market.

8427 Otis Street, South Gate

$1,275,000

HD26089031 MLS ⋅ Active Status

Opportunity Knocks. Corner Commercial Building WITH Established Business . INCLUDES LIQOUR LICENSE. One of South Gates well known establishments. High Traffic Location. Looking for a new Owner . Hurry opportunities like this are a rare find.

10145 Atlantic, South Gate

$1,499,999

DW26022544 MLS ⋅ Active Status

We are pleased to present a rare opportunity to acquire a well-maintained 6-unit multifamily property located in the City of South Gate. The property consists of a two-story building with three units on each level, offering a total of approximately 3,960 sq. ft. of living space on a 7,240 sq. ft. lot. The unit mix includes four (4) one-bedroom, one-bath units and two (2) two-bedroom, one-bath units. Each unit is separately metered and includes one assigned carport parking space. Additionally, the property features an on-site laundry room, providing an extra source of passive income. This building has been thoughtfully upgraded to meet insurance inspection requirements, making it a strong, low-maintenance investment. Major capital improvements include a roof approximately 5 years old, new plumbing throughout the building completed approximately 2 years ago, and interior upgrades in select units, including newly tiled walls and flooring. All six units are equipped with individual fuse boxes, and the main electrical panel was upgraded, along with five new subpanels installed within the last year. The property offers a strong value-add opportunity through rent optimization and continued operational efficiencies. Current rents reflect an approximate 4.06% cap rate, providing immediate, stable cash flow. With strategic rent adjustments to align with market rents, the property demonstrates the potential to achieve an estimated 8% cap rate, significantly enhancing long-term returns. Given the building’s recent capital improvements the asset is well positioned for rent growth with minimal additional capital expenditure. The favorable unit mix of one- and two-bedroom units supports strong tenant demand in the South Gate rental market. Conveniently located near Firestone Blvd and Tweedy Blvd, the property offers excellent access to local amenities. The Azalea Regional Shopping Center is just a 7-minute drive, Northgate González Market is approximately 2 minutes away, and South Gate Park is within a 10-minute drive. The 710 and 105 freeways are nearby, providing easy commuter access throughout Los Angeles County. Drive-by only. Please do not disturb tenants. PC: Quinn Media

9723 San Juan, South Gate

$1,250,000

DW25218916 MLS ⋅ Active Status

This light commercial/industrial building of approximately 3,348 sq. ft. with an additional 3,000 sq. ft. attached carport, situated on an 8,200 sq. ft. lot just off a major street with rear paved alley access. The property is equipped with a 110/220 volt 3 phase electrical panel, providing plenty power for a variety of business operations. Ample on site and street parking further enhances the property’s functionality. This property has many possibilities, accommodating uses such as warehousing, distribution, light manufacturing, logistics, contractor services, wholesale operations, or auto related businesses. It's central location provides convenient access to the 710, 105, and 5 freeways, connecting to Downtown Los Angeles, the Ports of Los Angeles and Long Beach, and the South Bay industrial submarkets. This property provides flexibility for an owner user to occupy or for an investor to reposition and capture strong market demand. A multi-functional facility in one of Los Angeles County’s most active industrial areas.

9516 Rayo Ave., South Gate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.