10348 California Avenue, South Gate, CA 90280
- $2,250,000
- 13
- BD
- 12
- BA
- 5,362
- SqFt
- Sold Price
- $2,250,000
- List Price
- $2,390,000
- Closing Date
- Oct 31, 2025
- Status
- CLOSED
- MLS#
- 25589119
- Year Built
- 1959
- Bedrooms
- 13
- Bathrooms
- 12
- Living Sq. Ft
- 5,362
- Lot Size
- 8,322
- Acres
- 0.19
- Days on Market
- 53
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
This 12-unit multifamily community, ideally situated in the City of South Gate, offers investors a compelling opportunity in a strong rental market. 10348 California Ave is not subject to any city rent control and is subject only to AB 1482 statewide regulations, allowing for flexibility in managing rental growth. The property offers an attractive unit mix of eleven (11) one-bedroom apartments and one (1) two-bedroom apartment. Residents benefit from onsite gated parking and the building's excellent location along California Avenue, a desirable pocket within South Gate. With significant and achievable upside in rental income, this property presents both immediate stability and long-term value-add potential for discerning investors.
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 12
- Levels
- Two
- Parking Spaces
- 12
Listing courtesy of Listing Agent: Enrique Viramontes (eviramontes@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.
Listing sold by Enrique Viramontes from Remax Commercial and Investment Realty
Mortgage Calculator
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.