Movoto Real Estate
Sold on 04/06/2026

2844 Ardmore Ave, South Gate, CA 90280

  • $1,900,000

    Last sold 04/06/2026 after 79 Days

  • 16

    bed

  • 10

    bath

  • 6,915

    Sqft ($275/Sqft)

Multi-family not for sale
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About 2844 Ardmore Ave

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Lot size 9,872 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Enrique Viramontes
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#26639009 • last updated 2 months ago
Movoto checked The MLS for data 14 minutes ago
Overview
Levels/Style Two
MLS # 26639009
Type Residential Income
Status Sold
SqFt 6915
Lot Size (SqFt) 9872
Lot Size (Acres) 0.2267
Year Built 1964
Interior
Total # of Baths 10
Total # of Bedrooms 16
Exterior
# Parking Spaces 10
Parking Desc Carport, Uncovered, Garage
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning SGR3YY
APN 6204-017-025
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 13770
Unit 1: # Beds 2
Unit 1: Rent 1425
Unit 2: Rent 1624
Unit 2: Furnished No
Unit 2: Projected Rent 7180
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 6495
Unit Type 2106, 2107
Unit 1: Actual Rent 8550
Total # Of Buildings 1
Net Operating Income 106385
Cap Rate 5.19
Vacancy Rate 1%
Gross Income 180540
Gross Operating Income 178735
Gross Rent Multiplier 11.35
Total Annual Expenses 72350
$1.9M
Range: $1.71M-$2.09M
Last 30 days 
  • May 2026
    mls logo MLS # 26639009
  • May 8, 2026 Sold
    $1,900,000 (-7.3%)
  • Feb 9, 2026 Pending
  • Jan 15, 2026 Listed
    $2,050,000
  • 2844 Ardmore Ave
    $1.9M
  • Cudahy, South Gate W Of 710, Hunt Pk S Of Florence
  • 90280
    $675K -3% y/y
  • South Gate
    $675K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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