First Time Home Buying Opportunites Abound in South Gate CA

Posted Oct 19, 2009 @ 6:08 pm, Viewed by 180 Visitors, Read 186 Times.

More than eighty years ago, a developer drew buyers to South Gate by picking them up on a bus from different points in Southern California. These days, the draw to the city isn’t a bus, but rather the strong Latin American immigrant culture. Ninety-two percent of South Gate is Latino; only 13 percent of its residents speak English at home. South Gate, which derived its name because of its relative position to Los Angeles, continues to welcome newly-arrived residents. South Gate homes for sale average less than $300,000. It’s not only residential buyers that are interested in South Gate real estate. Commercial investors have planned a $175 million outdoor mall called The Gateway. The center will have 2 or 3 large retail stores as well as several sit-down restaurants and retail outlets plus a 200-foot projection screen. In addition, the city is working with the developers of two other new retail centers and 47 Unit Townhouse Project. South Gate, which spans 7.5 square miles, is flanked by Cudahy to the east, Huntington Park to the north, Inglewood to the west and Lynwood to the South. Most South Gate homes are served by the Los Angeles Unified School District.

M. Ben Nicolas
IET Real Estate is a Los Angeles County based Real Estate Brokerage.  We currently have 2 offices serving the Long Beach Carson & Whittier Norwalk areas.  IET Capital is our Mortgage Affiliate.  IET Capital is HUD Approved to originate FHA Loans and Conventional Mortgage Loans.  IET Enterprises is our Investment Division.  If you need to Sell Property in Los Angeles Fast IET Enterprises is a good place to start.

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bnicolas

bnicolas IET Real Estate works with clients buying and selling Real Estate in Los Angeles County. We have 2 locations 1 in the Whittier Norwalk area and  1 in the Carson Long Beach area.  We work with alot of First Time Home Buyers and clients who are upside down with their mortgages. Read More

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