California Lot 6223 South Gate CA 90280 MLS #CV25217828

California Lot 6223
South Gate, CA, 90280
$995,000
Beds
0 Baths
0 SqFt
0.19 Acres
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MLS #CV25217828 image #0MLS #CV25217828 image #1MLS #CV25217828 image #2MLS #CV25217828 image #3MLS #CV25217828 image #4MLS #CV25217828 image #5MLS #CV25217828 image #6MLS #CV25217828 image #7
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.

Property Details

Price:
$995,000
MLS #:
CV25217828
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
t2
Listed Date:
Oct 28, 2025
Total Sq Ft:
2,809
Lot Size:
8,341 sqft / 0.19 acres (approx)
Year Built:
1959
T2T2

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Schools

Interior

Appliances
NO
Laundry Features
AR

Exterior

Community Features
SDW
Parking Spots
6
Roof
SHN

Financial

Gross Operating Income
$80,293
Maintenance Fee
$2,000
Net Operating Income
$61,461

Map

Community

Market Summary

Current real estate data for Single Family in South Gate as of Nov 06, 2025
27
Single Family Listed
34
Avg DOM
491
Avg $ / SqFt
$748,704
Avg List Price

Property Summary

    California Lot 6223 South Gate CA is a Single Family for sale in South Gate, CA, 90280. It is listed for $995,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1959. The average price per square foot for Single Family listings in South Gate is $491. The average listing price for Single Family in South Gate is $748,704.

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broker reciprocity Courtesy of RE/MAX 2000 REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
California Lot 6223
South Gate, CA