2844 Ardmore Avenue, South Gate, CA 90280
Local realty services provided by:CENTURY 21 Fort Bragg Realty
2844 Ardmore Avenue,South Gate, CA 90280
$1,900,000
- 16 Beds
- 10 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: enrique viramontes
Office: remax commercial and investment realty213-817-1000
MLS#:26639009
Source:CRMLS
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Price summary
- Price:$1,900,000
About this home
We are proud to present this well-maintained multifamily investment opportunity located in the desirable City of South Gate, California. This asset offers investors a rare combination of stable in-place cash flow, favorable rent regulations, and significant upside potential in a high-demand rental market. The property is not subject to local rent control and instead operates under AB 1482 guidelines, allowing for measured rent growth and long-term income optimization.The property features an attractive unit mix of six (2-bedroom/1-bath) units and four (1-bedroom/1-bath) units, a configuration that appeals to a wide range of tenants including families, working professionals, and long-term renters. Onsite parking enhances tenant convenience and supports consistently strong occupancy levels. Additionally, the existing carport provides an excellent opportunity for future ADU development, offering investors a value-add component to further increase revenue and overall asset value.Located in Southeast Los Angeles County, South Gate is a thriving community known for its strong rental demand and central location. Residents enjoy close proximity to major retail centers, dining, parks, and employment hubs, including the popular South Gate Towne Center. The property also benefits from exceptional freeway access via the 710 and 105 Freeways, providing convenient commutes to Downtown Los Angeles, Long Beach, and surrounding employment corridors. This offering represents an outstanding opportunity to acquire a strategically positioned multifamily asset with long-term growth potential in a resilient Southern California market....
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Home facts
- Year built:1964
- Listing ID #:26639009
- Added:145 day(s) ago
- Updated:June 11, 2026 at 06:50 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:10
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Levels:2 Story
Finances and disclosures
- Price:$1,900,000
Parking
- Total parking spaces:10
- Parking description:Carport, Garage, Uncovered
- Garage:Yes
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