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8981 Hildreth Avenue

South Gate, CA 90280
  • $1,699,000
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • ID#: DW26188832
Under Contract
UPDATED: 38 min ago
$1,699,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Victoria Burkhardt of J.K. Christopher Realty (323-582-4663)


Description

**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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T17:43:11.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/180679778
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8981 Hildreth Avenue South Gate, CA 90280

  • Price: $1,699,000
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 38 min ago
  • ID#: DW26188832
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1961
Built
Neighborhood:
T4 - South Gate E of 710
County:
Los Angeles
Area:
T4 - South Gate E of 710
Property Description
**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.
Exterior Features

Carport Spaces 6 Carport YN Yes Entry Level 1 Entry Location 1 Fencing Block Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 7 Parking Features Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Window Features Double Pane Windows

Property Features

Additional Parcels YN No Cap Rate 6.79 Common Interest None Community Features ParkStreet LightsSuburbanSidewalks Electric Electricity - On Property Electric Expense 332 Fuel Expense 539.22 Garage YN No Gross Income 518.9 Gross Scheduled Income 147000 Insurance Expense 4384 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 114780 New Construction YN No New Taxes Expense 21237 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 32219 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 12250 Trash Expense 2032 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Connected Water Sewer Expense 3043 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-07T17:43:11.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Victoria Burkhardt of J.K. Christopher Realty (323-582-4663)