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This property is also listed for rent at $1,850/mo.

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Sold on May 7, 2026 for $1,900,000

2844 Ardmore Ave, South Gate, CA 90280

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Property Highlights

Residential Income

Property Type

N/A

Sub Type

1964

Year Built

6,915

Sq Ft

16

Bedrooms

10

Bathrooms

N/A

Days On Properkey

0.23

Lot (acres)

26639009

MLS #

CRMLS

MLS Source

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.

Listed by Enrique Viramontes • DRE #01372010 • Remax Commercial and Investment Realty

Bought with Enrique Viramontes • DRE #01372010 • Remax Commercial and Investment Realty

MLS #: 26639009
Source: CRMLS

Interior & Comfort

Heating
Wall Furnace

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-24 04:14:56 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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