10249 California Avenue, South Gate, CA 90280
Apartment - South Gate, CA
- Added:
- Aug 24, 2025
- Days on Market:
- 301
- Last Refresh:
- Jun 20 at 6:06 pm
Property Features for 10249 California Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- SGCR*
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 2
- Exterior features
- Community Features Included: Curbs, No Landscaping
- Standard status
- Active Under Contract
- APN
- 6208022030
- Size
- 3,285 SF
- Lot size
- 7,197.00 Acres
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Number of units
- 5
- Architectural style
- Other
Listing agent Mario Grizzelle Jr License #01335292 (562) 607-8973
Listing office C-21 Realty Team 14620 Lakewood Blvd, Bellflower, CA (562) 531-2001
Listing date Aug 24, 2025
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑unit multifamily property in South Gate, CA
- Year built: 1955
- Layout includes 5 bedrooms and 5 bathrooms
- Community features include curbs; no landscaping reported
Overview
The asset is located in South Gate (Los Angeles County), described as centrally positioned and commuter-friendly. While specific access features and nearby amenities are not detailed in the available information, the provided remarks indicate the property’s location is intended to serve everyday renter needs.
For buyers seeking a small residential income building, this 5-unit structure offers a straightforward setup for an owner-operator or an investor looking to add a core residential property to their portfolio. With zoning identified and the unit count clearly stated, prospective buyers can evaluate the building’s configuration and fit for their underwriting and operating goals based on the information provided.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.5k | $31.80 |
| − Vacancy | −$8.4k | −$2.54 |
| EGI | $96.1k | $29.26 |
| − OpEx | −$43.2k | −$13.17 |
| NOI | $52.9k | $16.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Gate
- County
- Los Angeles
- State
- California
- Longitude
- -118.2082687
- Latitude
- 33.9408497
