2844 Ardmore Ave, South Gate, CA 90280

$1,900,000
16
BD
10
BA
6,915
SqFt

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Sold Price
$1,900,000
List Price
$2,050,000
Closing Date
May 08, 2026
MLS#
26639009
Year Built
1964
Bedrooms
16
Bathrooms
10
Living Sq. Ft
6,915
Lot Size
9,872
Days on Market
81
Property Type
Multifamily
Stories
2

Property Description

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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
Window Unit(s)
Number of Cars in Garage
Carport, Uncovered, Garage

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Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes - CA DRE#01372010 Selling Office: .

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