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8020 Mckinley AVE South Gate, CA 90280
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Key Details
Sold Price $1,445,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25175447
Year Built 1991
Lot Size 0.260 Acres
Property Sub-Type Apartment
Property Description
Introducing 8020 McKinley Avenue – Rare South Gate Multifamily Offering on an Expansive Lot
Situated on a generous 11,000 sq. ft. lot, this unique property combines classic charm with modern income potential. Originally built in 1936, the front residence is a beautiful Spanish-style 2-bedroom, 1-bath home showcasing timeless architectural details, original character, and in-unit laundry.
In 1991, a substantial fourplex was added to the rear of the property, offering excellent rental income and long-term value. Each of the four units includes: Two-car garages, in-unit laundry, two townhome-style units: 2 bed / 1.5 bath and two single-level units: 2 bed / 1 bath
The property has been well maintained, featuring all new windows and an excellent tenant base that takes pride in their homes.
Located in the desirable South Gate/Paramount area—where multifamily properties rarely come to market—this is a rare chance to acquire a high-quality investment in a strong rental market.
8020 McKinley Avenue offers the perfect blend of historic charm, modern convenience, and steady income potential.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Zoning SGR3YY
Interior
Heating Central, Forced Air
Cooling Central Air
Flooring Wood
Fireplaces Type Family Room
Laundry Inside
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt,Tile
Building
Lot Description 0-1 Unit/Acre
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional, 1031 Exchange, Submit
Listing Terms Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
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Bought with Juan Huizar Sage Real Estate Group, Inc.
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