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3220 Tecumseh Ave
South Gate, CA 90280
Multifamily Property For Sale
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5 Units
Investment Highlights
- Located in the City of South Gate | No City Rent Control | AB 1482 Rent Caps
- Attractive Mix of Mostly Single Story Two Bedroom Units
- Walk Score of 85!
- ADU Potential from Large Lot and Onsite Garage Parking
- Long Term Tenants
- Conveniently Located Near Plaza Mexico and the 105 Freeway
Executive Summary
Presenting an exceptional multifamily investment opportunity in the City of South Gate. The property features an attractive mix of predominantly single-story, two-bedroom units, each enhanced with recently renovated kitchens. With no local rent control and only AB 1482 rent caps, investors benefit from favorable operating conditions. The asset’s large lot and onsite garage parking offers potential investors future ADU development possibilities. Boasting a Walk Score of 85, residents enjoy convenient access to Plaza Mexico, the 105 Freeway, and a variety of nearby amenities, making this a desirable and well-located asset.
Property Facts In Escrow
| Price Per Unit | $275,000 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.90% | Lot Size | 0.33 AC |
| Gross Rent Multiplier | 11.12 | Building Size | 3,847 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1945 |
| Property Subtype | Apartment | ||
| Zoning | SGR3 - Small Lot Single Family Residents | ||
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Cap Rate | 5.90% |
| Gross Rent Multiplier | 11.12 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 3,847 SF |
| No. Stories | 2 |
| Year Built | 1945 |
| Zoning | SGR3 - Small Lot Single Family Residents |
Property Taxes
| Parcel Number | 6207-027-004 | Improvements Assessment | $716,315 |
| Land Assessment | $716,315 | Total Assessment | $1,432,630 |
Property Taxes
Parcel Number
6207-027-004
Land Assessment
$716,315
Improvements Assessment
$716,315
Total Assessment
$1,432,630
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