Back 10016 California Avenue
Off Market

10016 California Avenue

South Gate CA 90280

5
5
8341 sq. ft.
Multi-Family
Last sold for $970,000
Kristopher GermanKristopher German, last sold this property on 07 January 2026 after 111 days on market.

Overview

NEW PRICE! This 4-unit multi-family property in South Gate offers immediate income with a current 6.18% CAP Rate and is priced to sell at $995,000. Featuring desirable single-story construction, the property totals 2,809 rentable sq. ft. on an 8,341 sq. ft. lot. The versatile unit mix includes a spacious 3-Bed/2-Bath detached cottage, two 1-Bed/1-Bath units, and a studio apartment, all highly rentable floor plans. Tenants benefit from onsite garage and open parking, while paying their own electricity and gas. Additional conveniences include an onsite laundry facility (currently not in use). With no local city rent control and strong tenant demand, this property provides excellent cash-flow potential and long-term upside for savvy investors.

Features

5 bedrooms
5 bathrooms
8341 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in South Gate over the last 12 months.

Property history for 10016 California Avenue

2026
Sold
$970,000
07 Jan 2026 by Kristopher German, of RE/MAX 2000 REALTY

Happy sellers in South Gate

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We have insufficient information to provide an overview of customer satisfaction for South Gate. Viewing the agent profiles, reviews and sales for South Gate can provide insights for this location.

Local market activity for 5 bedroom multi families in South Gate

In the last 12 months, 2 five-bedroom multi families similar to 10016 California Avenue, have been sold.

This represents a 25% increase in five-bedroom multi families sales when compared to the previous 12 months.

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