About 10016 California
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 of 10016 California
| MLS® # | CV25217828 |
|---|---|
| Price | $995,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Acres | 0.19 |
| Year Built | 1959 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 10016 California |
|---|---|
| Area | T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore |
| City | South Gate |
| County | Los Angeles |
| Zip Code | 90280 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 6 |
| Parking | Assigned, Door-Multi, Driveway, Garage, Paved |
| # of Garages | 2 |
| Garages | Assigned, Door-Multi, Driveway, Garage, Paved |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|---|
| Roof | Shingle |
Additional Information
| Date Listed | September 15th, 2025 |
|---|---|
| Days on Market | 34 |
| Zoning | SGCR* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kristopher German |
|---|---|
| Office | RE/MAX 2000 REALTY |