2520 Ohio Avenue
South Gate, CA, 90280
$1,000,000
MLS: IV26014323
Beds
6
Baths
4
Sq Ft
1,319
Lot
0.12 ac
Year Built
1939
MLS #
IV26014323
Days on Market
2
Listed
Jan 20, 2026
Description
Welcome to this exceptional investment opportunity in the heart of South Gate — a versatile property featuring three separate units on one parcel, ideal for multi-generational living or generating multiple streams of rental income. The main home offers 2 bedrooms and 1 bathroom, blending comfort and functionality with its inviting layout and private indoor laundry area. Attached to the main residence is a studio unit complete with its own kitchen and bathroom, perfect for rental income, a guest suite, or a home office setup. At the back of the property sits a brand new, detached ADU — approximately 1,000 sq. ft. with 3 spacious bedrooms and 2 modern bathrooms. This ADU has never been occupied, making it move-in ready for your first tenants or family members. It showcases contemporary finishes, open-concept living, and thoughtful design throughout. A shared outdoor laundry area is currently being added for convenient use by the ADU and studio residents, while the main house enjoys its own private laundry. The entire property is fully gated for added privacy, featuring an automatic front gate for easy access. While there is no garage, there is ample space for parking inside the gated area. This is a rare opportunity to own a multi-unit property with strong income potential in a desirable South Gate neighborhood. Whether you’re an investor looking for a cash-flowing property or a homeowner seeking flexibility and additional income, this one is a must-see!
Location
South Gate, Los Angeles County, CA 90280
Open on Google Maps ↗Listed by: MARIA NAVARRO · REAL ESTATE ONE
Payment estimate
$7,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $900,000
- Principal & Interest
- $5,530
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this South Gate home with as little as 3.5% down using an FHA loan — roughly $35,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See South Gate, CA 90280 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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