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South Gate, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,041
Monthly Cash Flow
-$2,083
Principal + Equity
$4,533
Annual Total Gain
$29,400
Cash on Cash
-14.61%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$175
Occupancy Rate
63.33%
Monthly Revenue
$2,763
Monthly Cash Flow
-$1,776
Principal + Equity
$4,533
Annual Total Gain
$33,093
Cash on Cash %
-12.45%
Net ROI %
Market Health & Growth
Median Income
$71,315
Population
91,836
LTR Renter %
55.65%
Forecast (1 yr)
0.8%
Appreciation (1 yr)
-1.18%
Appreciation (5 yr)
34.85%
Appreciation (10 yr)
97.16%
Job Growth
1.53%
LTR Rentability
High
STR Demand
90
STR Rentals
46
Top Public Schools
ADowntown Magnets High School
ARenaissance Arts Academy
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C-
Overall
Top-level market grade
Places with the Best Public Schools in California
#450out of 817 markets
Best Suburbs for Young Professionals in California
#361out of 526 markets
Suburbs with the Best Public Schools in California
#340out of 526 markets
B-
Public School
C-
Crime And Safety
F
Housing
B
Nightlife
C-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in South Gate, CA.
In South Gate, CA, short term rentals (STRs) are regulated by the city's Municipal Code. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Permit Requirement: South Gate requires property owners to obtain a permit in order to operate a short term rental. The permit application process typically involves submitting an application, paying a fee, and meeting certain requirements set by the city.
2. Occupancy Limits: The city may have occupancy limits for short term rentals, which restrict the number of guests allowed to stay in the property at any given time. Investors should be aware of these limits and ensure they comply with them.
3. Zoning Restrictions: South Gate may have specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should check the city's zoning map to determine if the property they are interested in is located in a zone that permits short term rentals.
4. Transient Occupancy Tax: Property owners who operate short term rentals in South Gate are typically required to collect and remit transient occupancy tax (TOT) to the city. Investors should factor in this additional cost when considering the financial viability of their investment.
5. Noise and Nuisance Regulations: South Gate may have noise and nuisance regulations that apply to short term rentals. Investors should ensure that their guests are aware of these regulations and comply with them to avoid potential fines or penalties.
6. Insurance Requirements: Property owners operating short term rentals in South Gate may be required to carry certain types of insurance, such as liability insurance, to protect themselves and their guests in case of accidents or damages.
Overall, investors looking to purchase a property for short term rental purposes in South Gate, CA should thoroughly research and understand the city's regulations and requirements to ensure compliance and avoid any potential legal issues.
Market Trends Over Time
Explore 25 years of market data for South Gate, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to South Gate, CA.
The LTR Genie Score of South Gate, CA is 56 and STR Genie Score is 60, indicating a high rentability for both long-term and short-term rental properties in this market. The LTR Net ROI of 17.18% and STR Net ROI of 19.33% are also promising, suggesting good returns on investment. The 1-Year Price Appreciation Forecast of 0.8% indicates a stable market with potential for growth.
The STR Genie Score is slightly higher than the LTR Genie Score, suggesting that short-term rentals may be more profitable in South Gate, CA. With a STR Occupancy rate of 63.33% and STR Revenue of 2763, short-term rentals seem to be performing well in this market.
South Gate, CA is a city located in Los Angeles County with a diverse population and a strong rental market. The city offers easy access to major highways, public transportation, and amenities, making it an attractive location for real estate investors.
Based on the metrics provided, South Gate, CA appears to be a promising market for both long-term and short-term rental investments. Investors may consider diversifying their portfolio by investing in both rental strategies to maximize returns in this market. However, conducting further research and due diligence is recommended before making any investment decisions.