South Gate, CA 90280,8915 Elizabeth Ave
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South Gate, CA 90280,8915 Elizabeth Ave
South Gate, CA 90280,8915 Elizabeth Ave
South Gate, CA 90280,8915 Elizabeth Ave
South Gate, CA 90280,8915 Elizabeth Ave
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$ 999,888
Est. payment /mo
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8915 Elizabeth Ave South Gate, CA 90280

5 Beds

1 Bath

7,017 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25127504

Bedrooms 5

HOA Y/N No

Lot Size 7,017 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

For sale in the vibrant city of South Gate, this well-maintained 5-unit apartment building presents a strong investment opportunity at a list price of $999,888. The property features a desirable unit mix of three 1-bedroom/1-bath units and two spacious 2-bedroom/1-bath units, appealing to a variety of tenants. With a solid 4.65% cap rate, this income-producing asset offers both stability and long-term growth potential. Situated in a high-demand rental market, the building benefits from steady occupancy and proximity to local amenities, schools, and transit.
For sale in the vibrant city of South Gate, this well-maintained 5-unit apartment building presents a strong investment opportunity at a list price of $999,888. The property features a desirable unit mix of three 1-bedroom/1-bath units and two spacious 2-bedroom/1-bath units, appealing to a variety of tenants. With a solid 4.65% cap rate, this income-producing asset offers both stability and long-term growth potential. Situated in a high-demand rental market, the building benefits from steady occupancy and proximity to local amenities, schools, and transit.

Location

State CA

County Los Angeles

Area South Gate (90280)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,256

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by Gil Legaspi • Legaspi Commercial
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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8915 Elizabeth Ave