8981 Hildreth Avenue South Gate, CA $ 1,699,000
8981 Hildreth Avenue
$ 1,699,000
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8981 Hildreth Avenue

South Gate, CA, 90280
$ 1,699,000
Baths1.1 Sq 5,006

Monthly Estimate*

$ 10,728

Listed by J.K. Christopher Realty
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Studio

Multi-Family Home for sale in South Gate, CA

for $1,699,000 with 1 full bath, 1 half bath. This 5,006 square foot home was built in 1961 on a lot size of 0.1762.

**PRIDE OF OWNERSHIP** Beautifully Maintained 6 unit complex across from South Gate Park, Azalea Center and Transportation. **1st time on market in 47 years!! RE-PIPE entire building 2022 / New dual pane windows 2016 / New exterior paint 2016 / New Roof 2010 / New Synthetic Grass in front 2020 / New Vinyl fencing 2022 / Unit A - Ideal for owner Large 2 bd. 1 1/2 ba, Den, Fireplace completely remodeled 2020 / Unit B - 2 br. 1 ba completely remodeled 2017 / Unit C 2 br. 1 ba completely remodeled 2026 / Unit D - 2 br 1 ba completely remodeled 2020 / Unit E 2 br. 1 ba / Unit F 2 br. 1 ba completely remodeled 2022. Carport Parking listed as total 6 spaces ( 5 spaces are tandem parking and can fit 2 small cars each space) Laundry Room on site. This Great Building offers Low Deferred Maintenance making it a stabilized and well positioned asset in a strong rental market. With asking price of $1,699,000 the property offers a current Cap Rate of 6.79% and a GRM of 11.5 **Drive by Only!!** DO NOT DISTURB TENANTS! Subject to interior inspection with accepted offer only! Information deemed reliable but not guaranteed. All representations, measurements, and specifications are subject to independent verification. Buyer must perform their own due diligence regarding all aspects of the property, included but not limited to utility connections, zoning compliance, environmental factors, and structural integrity. Seller and listing broker make no warranties, expressed or implied.

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Multi-Family Active

Price

$ 1,699,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1762

Year Built

1961

Town/City

South Gate

County/Region

Los Angeles

MLS | Web ID

DW26188832

Days on Market

3

Features
General
Sewer Private Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Connected
Possession Close Of Escrow
Roof Composition
Garage Spaces 0
Pool Features None
Year Built 1961
Electric Electricity - On Property
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 518.9
Community Features Park Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 114780
Operating Expense 32219
Insurance Expense 4384
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South of Firestone West of Atlantic
City South Gate
Entry Location 1
Senior Community Y/N false
Number Of Units Total 6
MLS Area T4 - South Gate E of 710
Lot Size Units Square Feet
Lot Size Square Feet 7677
Carport Spaces 6
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 332
Fuel Expense 539.22
Trash Expense 2032
Water Sewer Expense 3043
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 612
Total Actual Rent 9950
Property Sub Type Additional Apartment
Taxes 21237
Cap Rate 6.79
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Interior
Fireplace Features Living Room
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N true
Laundry Features Laundry Room
Entry Level 1
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Exterior
Fencing Block
Parking Features Carport
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 6
Lot Size Area 7677
Number of Buildings 1
Building Area Total 5006
Lot Size Acres 0.1762
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Road Frontage Type City Street
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* Excluded Features
List By
J.K. Christopher Realty

Broker

jkchristopher@msn.com

Email

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$10,728
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Monthly Principal & Interest
$10,728
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2026$1,699,000 Listed Price

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8981 Hildreth Avenue, South Gate, CA, 90280 is a Multi-Family Home for sale at $1,699,000 with 5,006 sqft and a lot size of 0.1762. 8981 Hildreth Avenue is a studio with 1.1 baths and was built in 1961. The property's zip code is 90280 which is in South Gate, CA