South Gate Properties between $1,500,000 and $2,000,000 for Sale

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Newest South Gate Properties between $1,500,000 and $2,000,000 for Sale

$1,699,000

DW26188832 MLS ⋅ Active Under Contract Status

**PRIDE OF OWNERSHIP** Beautifully Maintained 6 unit complex across from South Gate Park, Azalea Center and Transportation. **1st time on market in 47 years!! RE-PIPE entire building 2022 / New dual pane windows 2016 / New exterior paint 2016 / New Roof 2010 / New Synthetic Grass in front 2020 / New Vinyl fencing 2022 / Unit A - Ideal for owner Large 2 bd. 1 1/2 ba, Den, Fireplace completely remodeled 2020 / Unit B - 2 br. 1 ba completely remodeled 2017 / Unit C 2 br. 1 ba completely remodeled 2026 / Unit D - 2 br 1 ba completely remodeled 2020 / Unit E 2 br. 1 ba / Unit F 2 br. 1 ba completely remodeled 2022. Carport Parking listed as total 6 spaces ( 5 spaces are tandem parking and can fit 2 small cars each space) Laundry Room on site. This Great Building offers Low Deferred Maintenance making it a stabilized and well positioned asset in a strong rental market. With asking price of $1,699,000 the property offers a current Cap Rate of 6.79% and a GRM of 11.5 **Drive by Only!!** DO NOT DISTURB TENANTS! Subject to interior inspection with accepted offer only! Information deemed reliable but not guaranteed. All representations, measurements, and specifications are subject to independent verification. Buyer must perform their own due diligence regarding all aspects of the property, included but not limited to utility connections, zoning compliance, environmental factors, and structural integrity. Seller and listing broker make no warranties, expressed or implied.

8981 Hildreth Avenue, 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

$1,800,000

PW26106882 MLS ⋅ Active Status

This is a rare opportunity to secure a valuable multifamily asset in the heart of South Gate with excellent long-term investment potential. This income-producing property offers strong rental potential, a generously sized lot, and a spacious layout with functional floor plans that appeal to a wide range of residents. The property presents an excellent opportunity for both seasoned investors and owner-users seeking stable cash flow with upside potential. Whether added to an existing portfolio or acquired as a first multifamily investment, this 10-unit complex represents a rare chance to own a solid multifamily property in a prime infill location.

2815 Orchard Place, South Gate

$1,975,000

OC26034848 MLS ⋅ Active Status

Fabulous 6 unit building with a great unit mix. 1 3bd/1 1/4 bath townhome style apt, 1 2 bd/1 bath townhome style apt, 2 2bd/2 ba apt and 2 1 bd/1 ba units. Carport parking. Rarely vacancies. Laundry onsite, equipment not leased. Excellent location. Walking distance to school, parks and shopping. Not to often will you find a gem like this. Rent is below market.

9643 Mallison Avenue, 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.