$999,998
10249 California Avenue, South Gate CA 90280
Multi-Family (5 Units)
Property type
285 days
On market
$304
Price per sqft
2 cars
Garage
1955
Year built
7,197 sqft
Lot size
Open Houses
Overview
5-unit multifamily asset located South Gate, CA, a centrally positioned, commuter-friendly city. This property offers stable income with rental upside, strong tenant demand. Investors do not miss this great income opportunity!!!
Listing provided by: Mario Grizzelle Jr DRE #01335292, C-21 Realty Team
Listing updated: Jun 3, 2026 at 07:12am.
Last checked: Jun 3, 2026 at 07:30am
Source: CRMLS #DW25191033
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $950 | $950 | $11,400 | Unfurnished |
| 1 | 2 | 2 | — | $950 | $950 | $11,400 | Unfurnished |
| 1 | 0 | 0 | — | $800 | $800 | $9,600 | Unfurnished |
| 1 | 1 | 1 | — | $800 | $800 | $9,600 | Unfurnished |
| 1 | 1 | 1 | — | $850 | $850 | $10,200 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 5
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
18.9x
List Price / Annual Gross Rent
Cap Rate
4.3%
NOI / List Price
Gross Scheduled Income: $53,000
Operating Expense: $10,000
Net Operating Income: $43,000
Annual Operating Expenses
Electric: $2,400
Fuel: $0
Insurance: $2,496
Professional Management: $0
Trash: $1,740
Water / Sewer: $1,750
Interior
Laundry: Gas Dryer Hookup
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: No Landscaping
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 6208022030
Additional Parcels: No
Tax Lot: 2145
Zoning: SGCR*
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 10249 California Avenue, South Gate, CA 90280. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$799,998
Total Interest
$1,020,354
Total Payment
$1,820,352
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,248
per month
Property History for 10249 California Avenue
South Gate Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90280.
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