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$970,000
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Property Description
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.
Full Property Details
Full Property Details for 10016 California
General
- Sold For: $970,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25217828
- Added to Site: 123 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Assigned, Driveway, Paved, Garage (Two Doors)
- Parking: Assigned, Driveway, Paved, Garage (Two Doors)
Location
- Area: T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
- County: Los Angeles
- Development Name: T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
- Driving Directions: South of Tweedy Blvd. West of Otis St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,809
- Year Built: 1959
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1915
- Lot Size Source: Assessor
- Zoning: SGCR*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $345.32
- Price Per Unit: 248750
Listed by Re/Max 2000 Realty, Kristopher German
Sold by KAM Financial & Realty, Inc., Lucia Rengifo
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Price & Sales History for 10016 California
Date
Details
Price
Change
Source
1/07/2026
Sold
$970,000
-2.51%
MLS
10/28/2025
Price Reduced
$995,000
-2.93%
MLS
9/16/2025
Listed
$1,025,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10016 California, South Gate, CA 90280 (MLS# CV25217828) is a Multi-Family property that was sold at $970,000 on January 07, 2026. Want to learn more about 10016 California? Do you have questions about finding other Multi-Family real estate for sale in South Gate? You can browse all South Gate real estate or contact a Coldwell Banker agent to request more information.

